FB50 Cross Company Exchange Rate not from Exchange Rate Table

[Former Member]

We are posting a simple 2 line JE from Company A to Company B. A is USD. B is EUR. Posting a balanced entry of $1,000 USD is yielding 1,063.83 in LC (EUR), a rate of 0.94. All data is entered in the USD document currency.

The defined exchange rate EUR-USD for the same time period is 1.5838 to 1 and should have yielded 1,583.80 LC (EUR).

Why would this not be using the defined exchange rate?

[Former Member]

Hi,why don't you use account Cash in transit?may be it'll solve your probleme?!

[Former Member]

How does changing the Account (Cash Intransit) change the currency exchange rate used? We've defined the EUR-USD rate and maintain it in OC41, but it is not being used when JEs are posted.

[Former Member]

Do you also have a rate in exchange rate table for USD to EUR? My guess is you have one (and the rate is different from what is getting determined from the EUR to USD rate you have). Also, if you have a reference currency for M rate in T Code OB07 (lets say USD), it is always advised to maintain exchange rates to that reference currency. For example, to maintain rate between EUR and USD (when USD is the reference currency in OB07), enter the rate for EUR:USD and not USD:EUR.

[Former Member]

USD is the reference currency defined in OB07 for the rate type in question. The exchange rate is already maintained correctly EUR:USD (e.g. 1:1.55720 in our sandbox environment). The rate is maintained in the Direct column, which matches the quotation method defined in ONOT. The translastion ratio is 1:1.

There is NO USD:EUR rate maintained. SAP warns against that, stating "For exchange rate type M the basis currency is USD. Only entries for which the 'to-currency' is the basis currency are used in exchange calculations."

[Former Member]

OK, a wild guess. I'm not sure if this is impacting you, but you could check. Execute T Code CXD2, and check for exch. rate ind. 1 and 2 if you are maintaining a different exchange rate type (other than M) for Version 1.

[Former Member]

We found that the Translation Ratio USD:EUR had an Alternate Exchange Rate Type of EURX. In OC41, EURX contains the 0.94 USD:EUR. It appears we have a choice of maintaining the EURX exchange rate every month--in addition to maintaining the EUR:USD values we already maintain, or removing EURX as the Alternate Exchange Rate once. Any advice or recommendation would be appreciated.

[Former Member]

https://service.sap.com/sap/support/notes/91481

[Former Member]

We have decided that the configured RATIOS having an Alternate Exchange Rate linked to them are not needed in our environment. We are going to remove the Alternate Exchange Rates from the Ratio configuration (TCURF table).

[Former Member]

Hi,

When ever Euro is involved in a transaction system take "EURX" as the exchange rate type..

so maintain the exchange rate conversion or EUR to USD or vice versa with exchange rate type "EURX"

Regards

Karthik