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FX Spot Product Type 60A

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Hi Experts,

 

Could you please help in providing your inputs on the below issue related to FX spot purchases using product type 60A.

 

Co.Code Local Currency  INR; Group Currency  USD

 

Scenario: Buy INR and Sell USD

 

This is how we would like to see the postings:

 

Buy"

 

Doc Currency      Local Curr   Group Currency

 

12000 INR            12000 INR    180 USD

 

 

Sell

 

Doc Currency      Local Curr   Group Currency

180 USD              12100 INR    12100 INR        

 

 

Currently system is translating the INR to USd amount at "M" rate during Buy transaction which is causing a FX difference in USD also.

Buy"

 

Doc Currency      Local Curr   Group Currency

 

12000 INR            12000 INR    182 USD

 

Could you please let me know where we define this translation calcualtion in TRM?

 

Thanks,

Vamsi


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