Easily Replace EU Currency Field in the Interview Schedule

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How to Replace EU Currency Field in the Interview Schedule

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Where can you implement currency translation in SAP BW?

In the transformation rules for InfoProviders, you can specify for each key figure or data field whether currency translation is performed during the update. In special cases, you can also run currency translation in user-defined routines in the transformation rules.

How does currency conversion work in SAP BW?

Execute Tcode RSCUR and create a new currency translation type ZVSCTCCUR . In our case we put M as standard rate as provided by SAP BW. you can change it to other rate as per requirement. In currency Tab put Variable ZVCURRENCY as target currency.

What is the function module for currency conversion in SAP BW?

CONVERTTOLOCALCURRENCY is a function module in SAP Basis application with the description Translate foreign currency amount to local currency.

What is an example of currency revaluation?

For example, suppose a foreign government has set 10 units of its currency equal to $1 in U.S. currency. To revalue, the government might change the rate to five units per dollar. This results in its currency being twice as expensive when compared to U.S. dollars than it was previously.

What is the difference between currency appreciation and revaluation?

Revaluation means a rise of domestic currency in relation to foreign currency in a fixed exchange rate whereas appreciation implies an increase in the external value of a currency.

What is currency translation in BEx?

In BEx Web Applications, a simple currency translation is available with the context menu. However, in input help for the target currency, only the currencies for which exchange rates are maintained in the system are displayed, whereas all currencies are displayed in the BEx Analyzer. See also Currency Translation.

What are the reasons for currency revaluation?

A revaluation of the local currency to a higher value vis-a-vis other currencies will make it less expensive for local consumers to acquire the foreign funds with which to import foreign goods, so they will do more importing.

How does currency conversion work?

Foreign currency exchange converts one currency into another, but its not usually in a 1:1 ratio. Exchange rates change regularly based on the fluctuating global trade markets. When an international money transfer is made between accounts, the rate calculates the difference based on the markets at that exact time.

What is the currency conversion process in SAP?

A currency conversion is triggered when you execute a BCV query with a non-initial input field /BCV/CURRENCYUNIT (target currency unit). If you have not filled input field /BCV/EXCHANGERATETYPE (exchange rate type), the system uses default exchange rate type M (average rate).

How does currency conversion work in BEx query?

How to Achieve currency translation in Bex ( Implemenation part ) Transaction code to create currency translation is RRC1 (or RSCUR from BI 7. x). Put technical name and desription . Visible tab pages are Exchange Rate , Source Currency, Target Currency , Time reference.

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