Hi Ari,
Maybe this will help explain how currency exchange works:
When entering a transaction in a foreign currency, most of the time SAP uses
the POSTING DATE to determine what rate of exchange to use. So, when you
are entering a goods receipt, if you are entering it today, but giving it a
posting date of last Friday, the exchange rate in effect last Friday (the
posting date) will be used.
SAP does allow some options, however, when it comes to translation. One
option is to enter a specific translation date, for example, if you are
using transaction F-02. You can also sometimes enter a specific exchange
rate in the document header. Finally, using some transactions, you can
actually specifically enter both foreign currency and local currency
amounts.
The exchange rate used comes from a table maintained within SAP (table
TCURR).
Now, specifically to your question about GR: It has been a while, but I
believe I remember this correctly. The amount posted to inventory depends
on your costing method. Under standard costing, the amount posted to
inventory will be a foreign currency amount that is derived backwards from
the local currency standard cost. Under average cost, the amount will be
the PO price (in foreign currency and in local currency equal to foreign
currency * exchange rate). The amount posted to GR/IR is the PO foreign
currency and local currency = PO foreign currency * exchange rate at posting
date
Hope this answers your questions.
| | | ---------------Original Message---------------
From: ARI
Sent: Friday, October 08, 2010 11:47 AM
Subject: Exchange rates in SAP
Hi Mark,
It will be nice of you if you can just explain, that when the GR is done what will be the value that will be posted to the "Stock A/C" and the "GR/IR A/C"---?
From where does the exchange rate will be taken by the system, if there is no manual entry from the end-user point--?
Also it will be great if you can explain by meaning "The GR date only affects the exchange rate in the context that the GR date becomes the posting date in the FI document" ---?
Regards,
ARI |
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