Dears,
I have some question regarding the below cycle:
1- When i create Forex spot transaction ,, the spot rate is not updated automatically.
I maintained the the exchange type (M=Average , B =selling price & G= Buying price). but still the system asks me for the rate.
2- if the spot rate will be filled automatically, is it applicable to make the spot rate field displayed and can not be changed.
3- The Forex entry is the below when buying Dollar with the exchange of EUR:
Dr. Dollar account 1000
Cr. Position 1000
Dr. Position 900
Cr. Eur account 900
how can i post this entry when the exchange is done with Customer, i thought the below should happened
Dr. Dollar account 1000
Cr. Customer 1000
Dr. Customer 1000
Cr. Revenue 1000
Dr. Cost of sales 900
Cr. Eur account 900
how can i apply such an entry in TRM , what is the process and the required configuration.
4- is money transfer service or remittance as a cycle can be covered in product type in SAP, for example, customer came to the company in KSA to transfer 10,000 USD to USA with charge 1000 SAR.
how can it be handled and what is the FI entries.
Regards,
Ahmed Samir