Automatic Fixing 

Prerequisites

With automatic fixing, currency table, TCURR, must be filled. The middle rate entered in the table for the fixing day is entered in the transaction and the fixing transaction is transferred to activity, Contract.

Procedure

With automatic fixing, the SAP R/3 System firstly reads the relevant rate (usually the middle rate) from the rate table. A premium/discount to the amount of the fixing margin defined in Customizing is then calculated. Via this procedure, you can use spreads that deviate from the bid/ask margin.

Refer to the unit entitled Assign fixing magins in the Implementation Guide (IMG).

 

 

To carry out the automatic fixing function:

  1. Choose Back office ® Rate fixing ® Automatic fixing.
  2. This takes you to the screen headed Automatic Processing for Forex Fixing Transactions.
  3. Enter the required selection parameters e.g.

- Company code

- Transaction

- Portfolio

- Treasury finance project

- Date of rate fixing

4. Via Program ® Execute, you start automatic processing of forex fixing transactions.