Define Translation Ratios for Currency Translation

[Former Member]

hi all.

can any one please help to explain y do we maintain following step in currencies

"Define Translation Ratios for Currency Translation"

Path:SPRO>General Settings>Currencies-->Define Translation Ratios for Currency Translation.

Transaction Code: OBBS

in the above step y do we maintain 1:1 ration for currencies please explain me.

Thanking you

[Former Member · Accepted solution]

here, you need to enter the exchange rate values for your company code currency and other currencies,

example: your currency is USD, then maintain one ratio for your currency from usd to inr at 1:1, make all settings for other currencies also.

regards,

[Former Member · Accepted solution]

Hi rajandra,

Thanku for your answer.

there i my question is y should we maintain 1:1 relation between currencies

Please explain in detail

Tahnku

[Former Member · Accepted solution]

EX:how we are ttaking 1usd dollor into our inr this called 1:1 ( 1 USD = 1 INR value 43.38

JPY is .40ps only that time we can take it 100 JPY is equal to 1 INR Ratio 100:1

(100 JPY=1 INR value 40.00)

1 RMB=1 INR (1:1) value is 5

Like that hoping you understand that example.

[Former Member · Accepted solution]

Thanku Lakshmi garu.i got it.

In the same way i have one moor doughty in Fiscal Year Variant.

If my client ask me to maintain only special period with normal 12 periods how can i configure that. Can you please explain in detail please.

Thanku

[Former Member · Accepted solution]

Hi

Tcode: OB29 fiscal year variant creation: in this we can give number of posting periods and specail periods

For ex: if you fiscal year is calendar year

copy from k4 (fv) tick calendar year , give number of periods 12 and No of special period is 1

if its indian cleint: March-april

coty V3 give ur FV name give number number of period 12 and No of special period 1.

after you can assing this variant to ur company code: