on 07-30-2009 2:22 PM
Hello Gurus
I am facing a issue for bid invitation.
Default currency maintained for me is INR (Indian Rupees), now once a imported login to my SRM portal system is giving all price details as INR only in vendor login screen.
Please let me know where I can maintain user specific currency so that in SRM BID response screen supplier can see submitted price in BID invitation as local currency for the country he belongs to.
Regards.
Soumik
Hi,
What is your SRM version? SRM 5.0 has it.
Multiple Currencies in Bid Invitation and Bid (New)
Use
As of SAP SRM 5.0, multiple currencies are supported. Purchasers can enable the use of multiple
currencies on an individual basis in each bid invitation. Bidders select alternate currencies for their bids
during the bidding process. This pricing enhancement makes the bidding process more efficient for
bidders by allowing bidders to bid in their currency of choice.
In the bid invitation, purchasers select the currency in which the bid invitation is issued to bidders, plus
acceptable bid currencies, at header level. The currency selected applies to all items in the bid
invitation, and all of the price fields that are visible to the bidder reflect the selected currency.
Currency exchange rates are maintained in Web Application Services and vary by date. You can define
a currency conversion date to specify the currency exchange rate used during bid comparison. If you do
not specify a currency conversion date, the currency exchange rate used during bid comparison is that
of the date on which the bids are compared.
Multiple currencies can be maintained in bid invitation templates, however currency conversion dates
cannot. Multiple currencies and the corresponding exchange rate dates from bid comparison are
reflected in bid invitation reporting.
If complex pricing is permitted, bidders can use price conditions - in the bid currencies - in the items of
the bid. For example, in a single bid, a bidder can define one item for US $100 with a discount of 5
euros; the second item priced in yen with energy costs denoted in US dollars.
Regards,
Masa
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What is the vendor currency.
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