How to change currency in material master
Could you please tell me multiple way to change currency in material master (mm02/mm02). Currency is under Costing2 tab in material master.
In <b>SPRO</b>, u can change the Cuurency.
The Exchange Rate Type is used to store currency conversion rates for different purposes, in the R/3 System.
If the R/3 System is to perform exchange rate conversions between a large number of different currencies, it can be simplified by specifying a base currency per particular exchange rate type. Then specify the exchange rates of all currencies in relation to the base currency for the exchange rate type concerned.
In accordance with legal requirements, the base currency (EUR) must be defined as the From currency for currency conversions within the EMU (European Monetary Union). To do this, set the indicator in the field BCurr = From.
<b>IMG->SAP Netweaver->General Settings->Currencies->Check Exchange Rate Types.</b>