Exchange rate in PO, MIGO & MIRO

[Former Member]

Hi all,

I would like to understand clearly how exchange rate will be taken.

My scenario:

Our company currency is EUR. Creating PO for a foreign vendor of USD. Exchange rate is picked by default. I have selected "Exchange rate fixed" indicator. But in MIGO it has taken some other rate may be based on the current date.

In MIRO for Goods items it is taking the rate shown in PO and it is greyed out. This is as expected.

But while doing MIRO for planned delivery costs also system is behaving like in case of MIGO. it is fetching the exchange rate as on today from table & not from PO.

One more question: I have not maintained the rate for USD to EUR in OB08 either Direct or indirect quote. but how the system is calculating, I dont understand.

The requirement is that system should take same rate as PO at all places.

Please help me.

Thanks in advance

Nagesh

[sb_er · Accepted solution]

Exchange rate given in po which display in G.R and I.R. we should give as fixed. in case if give so will take fixed amunt.

[Former Member]

Hi again,

I have maintained EURX from USD to EUR. But that rate is not picked up. Still, I do not understand where from system is picking. I can simulate this rate using FM F4_Exchange_Rate. So, I need to debug this FM to understand how system is calculating.

Nagesh

[former_member187989]

Have you checked Exchange rate type settings maintained global company code settings ?

Check EUR to USD conversion rate maintained in OB08 for exchange rate type 'M' ?

If you fix exchange rate in purchase order then only system consider rate from purchase order

other wise it will definitely pick up rate from exchange rate table only.

Refer SAP Note 518114 - FAQ: Goods movements in foreign currency

Edited by: Jeyakanthan A on Apr 17, 2010 9:18 AM

[Former Member]

Hi Again,

I am confused by seeing Exchange rate from table in Accounting doc. header. Actually system is taking PO exchange rate for GR/IR account and table rate for stock account. Header shows table rate only. Now I understand this correct system behaviour. Any how Thanks for your help.

Nagesh

[Former Member]

OB08 is a master data from where the exchange rate is picked up for ME21n , If ur company code currency is EUR then exchange rate type su\ystem will pick will be EURX

there is a indicator fixed near exchang rate in header in Me21n, u can change the exchange rate in Me21n or keep as it is and fix the indactor as fixed

If u do this than the exchange rate will have preferance at the time of MIGO and MIRO even if u change the exchange rate in OB08

and if u dont put on the indicator then system will not take the exchange rate from PO at the time of MIGO and MIRO, but it will take for OB08.

IF u have put the Exchange reate fixed incdactor than system should pick rate from PO only in MIGO or MIRO. U can check the cycle once more with Exchange rate indicator for Fixed keeping it on

thankx

[former_member187989]

For euro currency,Maintaine exchange rate in OB08 for exchange rate type EURX USD --> EUR,this rate is picked up in documents.

For EUR Currency rate should be maintained for type EURX not for M type(other currencies).