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Foreign Currency Setting: Configuration Document

This document provides instructions for setting up and using foreign currency transactions in SAP. It outlines how to define translation ratios, maintain an exchange rate table using direct or indirect quotation, and post invoices in foreign currency which can then be displayed in local currency.

Uploaded by

Mohammed Nawaz Shariff
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© © All Rights Reserved
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51 views5 pages

Foreign Currency Setting: Configuration Document

This document provides instructions for setting up and using foreign currency transactions in SAP. It outlines how to define translation ratios, maintain an exchange rate table using direct or indirect quotation, and post invoices in foreign currency which can then be displayed in local currency.

Uploaded by

Mohammed Nawaz Shariff
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Foreign Currency Setting

Configuration Document

Visit: Kumarconsulting.in
Call @ +91 7416797921

Contents
Define translation ratios for currency translation ......1
Maintain Exchange Rate Table .....................................2
Direct Quotation ............................................................2
Indirect Quotation .........................................................2
Post an Invoice in foreign currency ............................3
Foreign Currency Setting
Define translation ratios for currency translation

Description
In this step we define translation rate (e.g. 1:1) which will in exchange rate table.

Procedure
Use below Transaction code:

Transaction code OBBS

Implementation

Click on Yes button.

And then click on

Fillup the details as shown below and save it.

Faculty: Kundan Kumar (+91 7416797921) or visit kumarconsulting.in Page 1


Foreign Currency Setting
Maintain Exchange Rate Table

Description
In this step we maintain exchange rate table where with currency rate.

Procedure
Use below transaction code:

Transaction code OB08

Implementation

Click on Fill up the details as mentioned below.

Note: better to enter current date under valid form field.

Note :Exchange rate table can be maintained in two way (expained below)

Direct Quotation

As per direct quotation one unit of foreign currency shows the total value of local currency
e.g. 1 USD = 50 INR

Indirect Quotation

As per indirect quotation one unit of local currency shows the total value of foreign
currency

e.g. 0.02 USD = 1 INR

Faculty: Kundan Kumar (+91 7416797921) or visit kumarconsulting.in Page 2


Foreign Currency Setting
Post an Invoice in foreign currency

Use transaction code FB50

Fill up the details as mentioned below (foreign currency must be given)

Press enter button

Save it.

Click on Document and the click on display as shown below.

Right now the transaction is appearing in foreign currency.

Faculty: Kundan Kumar (+91 7416797921) or visit kumarconsulting.in Page 3


Foreign Currency Setting

Click on and the same tracsaction value has been converted in local
currency.

Faculty: Kundan Kumar (+91 7416797921) or visit kumarconsulting.in Page 4

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