Skip to Content
SAP Supplier Relationship Management

Multiple Currencies in Contract Condition

Purchasers often has to enter conditions with a different currency than the one maintained in the contract. A typical example would the freight cost which is often negotiated in US Dollar. However conditions with different currencies are not supported in Central Contracts. All the conditions are defaulted to the currency maintained in the Central Contract.

Feature:

This feature enables user to maintain conditions with different currencies in Central Contract both at header and item level. For example, if an item’s price is maintained in EUR in the central contract, you can maintain any condition such as discount absolute for the same item in USD.

The currency field is enabled for conditions which are not of percentage type.

While negotiating a Central Contract with conditions maintained in different currencies, the different currencies are carried forward to RFx and RFx Response as well. As a result, bidder can create response by mentioning condition values in different currencies. The different currencies maintained for conditions in Central Contract needs to be maintained in RFx as allowed exchange rates in order to allow the bidder to change the currency in Response.

Information:

To use the feature, you have to first activate the Business Function SRM_CONT_IMPR_3 and then activate the Customizing switch Multiple Currencies for Conditions in Contract(SRM_703_MUL_CUR_CTR) under SRM Server Next navigation step Continuous Improvement Next navigation step Activate/Deactivate Multiple Currencies for Conditions in Central Contract.


For complete details about SAP SRM 7.03 refer: SAP SRM 7.0 Enhancement Package 3

No comments