Hierarchy
SAP_BASIS (Software Component) SAP Basis Component⤷
BC-SRV-BSF-CUR (Application Component) Currency Conversion/Expiring Currency⤷
SFIB (Package) Financials: Components in Basis
Basic Data
| Data Element | SPRED_CUR |
| Short Description | Spread between buying/selling rates and average rate |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | SPRED_CUR | |
| Data Type | DEC | Counter or amount field with comma and sign |
| Length | 9 | |
| Decimal Places | 5 | |
| Output Length | 11 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Spread |
| Medium | 15 | Spread |
| Long | 20 | Spread |
| Heading | 11 | Spread |
Documentation
Definition
Spread that must be added to the average rate to determine the selling rate and subtracted from the average rate to determine the buying rate.
Use
Specifying a spread enables you to carry out currency translations at the buying or selling rate using the table entries for the average rate. This method reduces the overall amount of exchange rates you need to enter.
Exchange rates usually change from day to day, but spreads remain the same over longer periods of time. Thus, after configuring your system, the amount of maintenance you need to carry out on the defined spreads is minimal.
Using spreads also enables you to determine buying and selling rates on the basis of a reference currency.
Procedure
If you use the buying and selling rates as exchange rates, enter the spread for each average rate and any currency pairs that you wish to use.
Examples
You can only use a reference currency (e.g. DEM) to directly determine average rates and not buying or selling rates. Thus you can calculate the average USD -> FRF rate from the average USD -> DEM and FRF -> DEM rates. However, because of the different spreads, this method cannot be used to calculate either buying or selling rates.
For this reason, the method used to determine buying and selling rates consists of first calculating the average USD -> FRF rate and then subtracting this rate from the spread to get the buying rate and adding it to the spread to calculate the selling rate.
Dependencies
History
| Last changed by/on | SAP | 20010130 |
| SAP Release Created in |
