SAP Transaction OB59: A Step-by-Step Guide for SAP Users

Welcome to our tutorial on SAP transaction OB59, an essential transaction code used in SAP for maintaining exchange rate differences. In this tutorial, we will provide you with a detailed guide on how to effectively use OB59 to manage exchange rate differences in your SAP system. Whether you are a beginner or an experienced SAP consultant, this tutorial will equip you with the necessary knowledge to navigate through OB59 with ease.

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What is SAP Transaction OB59?

SAP Transaction OB59 is used to maintain exchange rate differences in SAP. It allows users to define exchange rate differences for different currencies and posting keys. By maintaining exchange rate differences, you can accurately account for currency fluctuations and ensure accurate financial reporting.

Step 1: Accessing SAP Transaction OB59

To start using OB59, follow these steps:

1. Log in to your SAP system using your user ID and password.
2. Launch the SAP Easy Access Menu.
3. Navigate to the “Financial Accounting” folder and expand it.
4. Locate and click on the “General Ledger” folder.
5. From the sub-menu, select “Business Transactions” and then choose “Foreign Currency Valuation”.
6. Click on “Maintain Exchange Rate Differences” to proceed to the OB59 transaction.

Step 2: Understanding OB59 Transaction Screen

Once you have accessed OB59, you will see the transaction screen, which consists of various fields and tabs. Let’s explore each of them:

• Company Code: Enter the company code for which you want to maintain exchange rate differences.
• Currency Type: Select the currency type for which you want to define exchange rate differences.
• Posting Key: Enter the posting key for which you want to maintain exchange rate differences.
• Exchange Rate Difference: This field allows you to define the exchange rate difference percentage for the selected currency type and posting key.

Step 3: Maintaining Exchange Rate Differences

Now that you understand the OB59 transaction screen, you can follow these steps to maintain exchange rate differences:

1. Enter the company code, currency type, and posting key for which you want to define exchange rate differences.
2. In the “Exchange Rate Difference” field, enter the percentage of exchange rate difference you want to define.
3. Click on the “Save” button to save the exchange rate difference.

Congratulations! You have successfully maintained exchange rate differences using SAP transaction OB59.

Step 4: Exploring Additional Functionality

SAP transaction OB59 offers additional functionalities to enhance your exchange rate difference management. Here are some notable features you can leverage:

• Display Exchange Rate Differences: Use OB59 to display existing exchange rate differences by entering the company code, currency type, and posting key. This allows you to review and analyze the defined exchange rate differences.
• Change Exchange Rate Differences: OB59 also enables you to modify existing exchange rate differences. You can edit the percentage of exchange rate difference for the selected currency type and posting key.
• Multiple Currency Types and Posting Keys: OB59 allows you to define exchange rate differences for multiple currency types and posting keys within a company code. This flexibility ensures accurate accounting for different transactions.

Conclusion

In this tutorial, we have provided you with a step-by-step guide on using SAP transaction OB59 to maintain exchange rate differences. We covered the basics of OB59, explained how to maintain exchange rate differences, and explored additional functionalities. By effectively managing exchange rate differences, you can ensure accurate financial reporting in your SAP system.

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