New exchange rate type instead of M

[former_member599986]

Hi,

I want to assign a new exchange rate type instead of M to my co code.

Where I can assign it to company code so that at the time of posting any document rate should be pickedup from new exchange rate type and not from M.

Thanks for reply

[former_member1082643]

Hello,

I want to change Exchange Rate Currency 1 -"M". I have create New Exchange Type "A" for different company code.

My QUS. is i want to change exchange rate currency "M" (Local 1) for different company code level like company code- 1000 use exchange rate local currency 1 - "A" and further "B".

Please tell me

[former_member200240]

Hi

For posting and clearing, M is automatic and is used for all postings/clearings. You cannot assign to Co code anything else. You have to maintain exchange rates for M at all times.

S Jayaram

[Former Member]

Correct.

[former_member599986]

Hi,

Thanks for your answer.

I have two company code under one client.

One co code is for India and another for Dubai.

In India exchange rates changes every day but in Dubai it is fixed for long time.

As of now both co code are accessing same Rate under M

I want Indian Co Code take M exchange rate type while Dubai CoCode should take some other exchange rate type.

What could be solution then

Thank again

[Former Member]

What kind of transactions you have for ccode in Dubai you want to use other exchange rate type?

For clearing it is fixed to use M.

For posting you have enter rate manually if you don`t want to use M.

FC evaluation and planning....you can setup to other type.

[Former Member]

Hi

If the requirement is specific to certain type of transaactions, you can create a separate document type for it & default a exchange rate type into it.

Regards

R.Karthigayan