|
How do I decide new currency? It actually depends on the country based on your location. You have to follow the local currency of your own country. First you should know the business requirement of your client. For example: In the case where a new country is formed or if a country changes its currency we will get requirement to create a new currency. It happened in Europe when they started using EUR. Define a new currency in customizing with transaction OY03 : If you change the current currency, your accounting documents will be re-evaluated by R/3 and this could cause adverse impacts to your financials figures (This you need to clarify with your SAP Finance Consultant). Use the following relevant Transaction: OY04 - To Assign number of digits to new currency. OBBS - To define conversion factor for currency conversion OB08 - To enter exchange rates XK02 - To assign new currency to vendor master ME11 - To create a Purchase info record Created MM documents with new extended price.
Get help for your SAP MM problems
SAP MM Books
SAP Material Management Tips
Best regards,
All the site contents are Copyright © www.erpgreat.com
and the content authors. All rights reserved.
|