SAP ABAP IMG Activity SIMG_CFMENUORK1OB07 (Define Exchange Rate Types)

Hierarchy

☛ BBPCRM (Software Component) BBPCRM
   ⤷ CRM (Application Component) Customer Relationship Management
     ⤷ CRM_APPLICATION (Package) All CRM Components Without Special Structure Packages
       ⤷ KE1C (Package) Customizing for Profit Center Accounting

IMG Activity

ID	SIMG_CFMENUORK1OB07	Define Exchange Rate Types
Transaction Code	S_ALR_87004421	IMG Activity: SIMG_CFMENUORK1OB07
Created on	19981222
Customizing Attributes	SIMG_CFMENUORK1OB07	Define Exchange Rate Types
Customizing Activity	SIMG_CFMENUORKAOKO9	Define Exchange Rate Types

Document

Document Class	SIMG	Hypertext: Object Class - Class to which a document belongs.
Document Name	SIMG_CFMENUORK1OB07

In planning, exchange rate types are used to specify exchange rates used for different purposes at the same time in the system. Existing entries must not be deleted.

• When exchange rate conversions take place between many different currencies, using a reference currency can simplify maintenance of exchange rates. For the exchange rate types concerned, you then only have to specify the exchange rates in relationship to the reference currency for all currencies. The SAP system then carries out all exchange rate conversions in two steps, using the reference currency.
• As well as a buying rate "G", you can also maintain a selling rate "B".

  The buying rate is that under which the average rate "M" is recorded.

  When maintaining a buying rate, enter the appropriate currency type for the average rate. This reduces the amount of work required in the conversion table.

  The selling rate is that under which the average selling rate is recorded.

  The user need only maintain the conversions for the average rate. The conversion occurs by determining the average rate and then adding the difference between the rates to this rate.

• If an entry for a currency conversion is missing, the indicator Invert ensures that the reversed currency relationship, should one exist, is available for the conversion.

Standard settings

The standard system includes exchange rate type P (standard translation for cost center accounting).

Note

• When you create a controlling area, the system creates version 000 automatically for 5 years. Rate type P is defaulted.
• The system uses rate type M for currency conversion during postings and clearings of documents.

Recommendation

Before creating your own exchange rate types, check those offered by SAP and use them if appropriate.

Activities

1. Check whether you require further exchange rate types for cost center planning in different versions.
2. Create additional exchange rate types if necessary.
1. Choose New entries.
2. Enter the following data:
- Exchange rate type
- Usage
- Base currency
- Buying rate
- Selling rate
3. Activate the following indicators if necessary:
- Permit calculation with inverted exchange rate?
- Exchange rate type uses special translation reference
- Exchange rate type uses fixed exchange rates
3. Save your entries.

Notes on transport

You can transport settings for exchange rate types manually. To do this, choose Table view -> Transport.

Example

Requirements

Standard settings

Recommendation

Activities

Further notes

Business Attributes

ASAP Roadmap ID	201	Make global settings
Mandatory / Optional	3	Nonrequired activity
Critical / Non-Critical	1	Critical
Country-Dependency	A	Valid for all countries

Assigned Application Components

Documentation Object Class	Documentation Object Name	Current line number	Application Component	Application Component Name
SIMG	SIMG_CFMENUORK1OB07	0	HLA0001516	Plan Data

Maintenance Objects

Maintenance object type

C

Customizing Object

Assigned objects
Customizing Object	Object Type	Transaction Code	Sub-object	Do not Summarize	Skip Subset Dialog Box	Description for multiple selections
V_TCURV	V - View	OB07	CO-OPA-PLA	☐	☐	Define exchange rate types

History

Last changed by/on	SAP	19981222
SAP Release Created in