Setting up 'Inv' Indicator in OB07

[Former Member]

Hello,

I have a situation where multiple currencies have been setup so that they have exchange rates going both ways.

e.g. USD-EUR and EUR and USD, HUF-PLN and PLN to HUF etc. but there are few currency combination which do not have this both direction flow.

Now the issue is,  we have CHF-PLN setup but when an invoice is posted for  PLN - CHF (PO in CHF but CC currency PLN) combination, system throws error "Enter rate PLN/CHF rate type M for dd/mm/yyyy in system settings", if I set the INV indicator in OB07 for ExRt M, the error goes away.

My concern here is, If I make this setting, what will be the implications, if any for the currencies flowing both ways? also another thing to note is some of these currencies also have alternate currencies column filled out with EURX or other exchange rate types. would this indicator result in wrong data in any of these cases?

Thanks for your replies.

Regards,

Sagar

[former_member188964 · Accepted solution]

Dear Sagar,

The configuration Define translation ratios for currency translation is mostly used, if you are making using it both the ways.

As far my knowledge i do not see any implications.

Rgds

Shashi

[Former Member]

Thank you all for your replies.

I did some additional testing and have not found any issues.

Regards,

Sagar

[Former Member]

Hi Sagar.

Please check this document below.

Best Regards.

Jandoval Nascimento

[Former Member]

Hi Sagar,

No harm in that you are ok to use.

'INV' Indicator that in the case of a missing exchange rate entry in the system for the required translation from one currency into another, the inverted exchange rate relationship may also be used.

Example:

If an entry is missing for the translation of USD into DEM in the system, then the translation takes place by means of the entry for the translation of DEM into USD, providing the indicator is set.

Regards,

Kumar