Converting the Order Currency in the Vendor Master Record 

Usage

As we explained in the introduction, in 1999, IDES AG will continue to operate in Germany in the national currency (DEM). The German vendor, however, is switching all business transactions to euros. This means that all purchase orders are to be made in euros. To meet this request, IDES AG first needs to change the purchase order currency in the vendor master record from DEM to the euro.

Procedure

  1. Call up the transaction as follows:
    2.

    Menu Path

    Logistics ® Materials Management ® Purchasing ® Master Data ® Vendor ® Central ® Display

    Transaction Code

    XK03

  2. On the Display Vendor: Initial Screen, enter the following data:
    3.

    Field

    Data

    Vendor

    Your vendor number

    Company code

    1000

    Purch. organization

    1000

  3. On the Purchasing Organization Data screen area, select Purchasing data.
  4. Choose .

    5. On the Display Vendor: Purchasing Data screen, you see the purchasing data with the order currency and the minimum order value.

  5. Choose until the overview tree appears.
  6. Call up the transaction as follows:
    7.

    Menu Path

    Logistics ® Materials Management ® Purchasing ® Environment ® Currency Conversion ® Vendor

    Transaction Code

    MKVZE

  7. On the Change Purchase Order Currency for Vendors screen, enter the following data:
    8.

    Field

    Data

    Vendor

    Your vendor number

    Purchasing organization

    1000

    Test run

    Deselect

    Create change documents

    Select

    Exchange rate type

    EURO

    Exchange rate date

    01/01/1999

    Old currency

    DEM

    New currency

    EUR

  8. Choose .

    9. The system displays a log listing your vendor with the new purchase order currency and the minimum order value.

    In this scenario, you execute the transaction for only one vendor. You can, however, execute this function as a collective change for multiple vendors.

  9. Position your cursor on the minimum order value, then choose .

    10. The Display Vendor: Purchasing Data screen appears. The order currency is now EUR and the minimum order value has been converted.

  10. Choose until the overview tree appears.