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Budget Profile Steps - Currency

Former Member
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Dear Experts,

I have 2 company codes and the currency is SGD and one company code the currency is USD and all three company codes assigned to one controlling area XXXX the currency is SGD.

Three project profiles for all 3 company codes, now I want to create budget profile for this 3 projects.

1) For First 2 company codes my controlling area currency same as company code SGD and will create budget profile for this, this is Okay for me.

2) For 3rd company code the currency is USD and the controlling area is SGD, How to configure my budget profile. Please suggest.

My project currency also USD.

Thanks,

Accepted Solutions (0)

Answers (2)

Answers (2)

former_member189209
Active Contributor
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Hi,

this is for your 3rd company budget profile settings

1, First your have to create New budget profile in OPS9 - select budget currency - Controlling area currency and save

2, this budget profile assign to Stipulate Default Budget Profile for Project Definition

for Project profile settings - Path - Project System- Structures - Operative Structures- Work Breakdown Structure (WBS) - Create Project Profile

in organization tab give Controlling area and company code & Project currency - SGD -

and in Controlling tab - assign whatever created New Budget profile - save it

now create new project - give budget in CJ30 - SGD currency

Mahesh


Former Member
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Hello Pavan Gupta,

In the OPS9, under the budget currency tab, please select as given underneath :

  • For first two company codes :choose the radio button –“Controlling area currency “
  • 3rd company code : choose the radio button –“Object currency”

Best Regards,

P.Mahesh

Former Member
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Hi,

If I select Object Curreny in OPS9, Then i Can budget in CJ30 in USD right

And also in tolerance i need to give same USD i.e. Project currency/Company code Currency.

Because my controlling are currency is SGD and in future do i get any currency translation issues.

Please suggest.

Thanks,

Former Member
0 Kudos

Hi,

If your company codes are under same controlling area ,then your object currency will be derived as local currency.

And if controlling areas are different for company codes then As followed above steps, yes you have to use currency translation tool via maintaining your exchange rates for information reporting purpose. Because you are using different currencies in for object & controlling area.

Use OB08 for translation config.

Also go thru the below link for more understanding:

http://help.sap.com/saphelp_470/helpdata/en/ee/41f8b646ee11d189470000e829fbbd/content.htm

Regards

Shishir

Former Member
0 Kudos

Dear All,

In Budget Profile, for my 3rd company code maintained selected object currency radio button in OPS9.

When am assigning budget in CJ30, am getting this issue..Screenshot attached.

"Enter rate USD / SGD rate type M for 01.01.2014 in the system settings"

I know that if we maintain in OB08 this issue wont come, can anyone shre some points.

Thanks,

Former Member
0 Kudos

I know that if we maintain in OB08 this issue wont come

As you already know, This is due to missing entry in conversion table. You have selected the object currency (USD) in your budget profile and your are viewing in Controlling area currency in CJ30. The error is coming because system wants the exchange rates from table.

You have to maintain rates in OB08 then after when you enter budget in controlling area currency, system will calculate from there in back end. This is correct logic as per SAP standards.

Regards

Shishir