Setting exchange rates 

When posting the foreign currency vendor invoice in company code 3000, exchange rate type M is used. When posting the revaluation posting in company code 3000, exchange rate type B is used (controlled by the valuation method, VAL1). Make sure that the exchange rates from CAD to USD are different for exchange rate types M and B. Otherwise no difference will be posted.

To set exchange rates, you have to go to the customizing menu and maintain the rates:

  1. On the main SAP R/3 screen select Tools ® Business Engineer ® Customizing.
  2. On the Customizing screen select Implement Projects ® SAP Reference IMG.
  3. On the Display structure: SAP Reference IMG screen follow the path Global Settings ® Currencies ® Enter exchange rates.
  4. On the Change View "Exchange Rates": Overview screen, press New Entries.
  5. On the New Entries: Overview of Add Entries screen, enter the following data:

    6.  

    Europe

    North America

    Type

    M

    M

    From

    DEM

    CAD

    To

    USD

    USD

    Valid from

    First day of period 1

    First day of period 1

    Exchange rate

    0.5

    0.70

    Type

    M

    B

    From

    GBP

    CAD

    To

    USD

    USD

    Valid from

    First day of period 1

    15th day of period 1

    Exchange rate

    1.5

    0.67

    Type

    M

    M

    From

    GBP

    CAD

    To

    USD

    USD

    Valid from

    15th day of period 1

    5th day of period 2

    Exchange rate

    1.485

    0.66

    Type

    M

    B

    From

    GBP

    CAD

    To

    USD

    USD

    Valid from

    5th day of period 2

    5th day of period 2

    Exchange rate

    1.475

    0.66

  6. Select Save.

    7. A dialog-box appears.

  7. Select create request.
  8. Enter the following data:
    9.

    Field

    Europe

    North America

    Short description

    e.g.: current exchange rate

    e.g.: current exchange rate

  9. Select Save.

    10. Please note that for all Periods displayed no further exchange rates have been maintained in the System for the respective currencies. If necessary, select these entries and then select Skip. Save your entries once again.

  10. Return to the main SAP R/3 screen.