SAP Knowledge Base Article - Public

3482262 - Meaning of 'Absolute Exchange Rate' Field

Symptom

It's not clear what the purpose of the 'Absolute Exchange Rate' field is, as seen in apps such as 'Display Journal Entries'.

Environment

SAP S/4HANA Cloud

Cause

The difference between fields 'Absolute Exchange Rate' and 'Exchange Rate' is unclear.

Resolution

The 'Exchange Rate' field may contain a '/' symbol, meaning Indirect Quotation was used when converting currencies. The 'Absolute Exchange Rate' ignores the quotation used and only displays the absolute value of the exchange rate.

Keywords

Absolute, exchange, rate, negative, indirect, direct, quotation , KBA , FI-FIO-GL-TRA-2CL , Transaction Apps (Public Cloud) , How To

Product

SAP S/4HANA Cloud Public Edition 2402