Currency Conversion
Working Capital Analytics - DPO Analysis apps provide the option to conduct KPI analyses across multiple company codes.
If there are two or more denominations of currency for selected company codes the system converts the data into the same currency for analysis (reporting currency).
Click Reporting Currency
in the footer to select your required currency. Click the icon beside Reporting Currency
and click Exchange Rate
to display the currency conversion options available to you and chose the exchange rate type which best suits your needs.
The two options available for the exchange rate date are as follows:
Key Date:
When you select the
Key Date
radio button and enter a date, the reporting currency displayed in the analysis steps you chose will be converted according to the conversion rate effective on that date for your chosen currency.Dynamic Date:
When you select the
Dynamic Date
radio button, the currency conversion rate for your chosen currency depends on the KPIs analyzed in the analysis steps you chose as follows:DPO
KPI
Currency Conversion Rate
DPO (direct calculation)
Converted according to the respective conversion rate effective at clearing date.
Expenses
Converted according to respective conversion rate effective at posting date.
Payables
Converted according to respective conversion rate effective at end of month (month end date).
Open Payables
Converted according to respective conversion rate effective at today's date.