exchange rate

[Former Member]

1.When we want to post to cost centers system expects a rate

for inr to eur for m type? Without giving rate system will not allow us to post the transaction to cost center? What is the reaason

2.In product costing-actual costing (cost object controlling) , system expects us to give an exchange rate for p type for inr to eur? Why it is asking that way

Thanks in advance

Joseph

[Former Member]

If your company code currency is different controlling area currency you need to maintain exchange range type and exchange to allow you post the transactions.

Or you might have maintained parallel currencies in Financial accounting apart from local currency, say for group currency you might have entered EUR with exchange rate type M

for further clarifications:

http://help.sap.com/saphelp_47x200/helpdata/en/08/51410a43b511d182b30000e829fbfe/frameset.htm

Also check Activate cost component split in controlling area currency