In this tutorial, we will learn to Maintain Exchange Rates in SAP

Step 1) Enter Transaction Code SPRO in SAP Command Field

How to Maintain Exchange Rates in SAP

Step 2) In the next screen,Select 'SAP Reference IMG' button

How to Maintain Exchange Rates in SAP

Step 3) In the next screen 'Display IMG', Select the menu path

SAP Netweaver -> General Settings ->Currencies ->Enter Exchange Rates

How to Maintain Exchange Rates in SAP

Exchange Rates can be entered as Direct or Indirect Quotations

In Direct quotations we give the multiple of base currency to the Foreign Currency

For eg :

1 USD  =  56 X 1 INR

For Indirect  Quotation it will be

1/56  USD  =  1 INR In the next screen , we can maintain the Exchange Rates via Direct/Indirect Quotation. 

In this case we will use InDirect Quotation

For a new entry  Select 'New Entries' Button

How to Maintain Exchange Rates in SAP

Step 4) In the next screen , Enter the Following

  1. Enter the Exchange Rate Type
  2. Enter Valid From date that is the start date from which the rates are applicable
  3. Enter First Currency
  4. Enter Quotation Rate
  5. Enter Second Currency

How to Maintain Exchange Rates in SAP

Step 5) Press 'Save' button , from the SAP Standard Menu

How to Maintain Exchange Rates in SAP

Step 6) In the next screen, Enter the Customizing Request Number, To add the New Exchange Rate .

How to Maintain Exchange Rates in SAP