SAP Transaction RSIMPCUR: A Step-by-Step Tutorial for SAP Users

Welcome to our tutorial on SAP transaction RSIMPCUR, an essential transaction code used in SAP for currency conversion and exchange rate maintenance. In this tutorial, we will provide you with a detailed guide on how to effectively use RSIMPCUR to manage currency conversions in your SAP system. Whether you are a novice SAP user or an experienced consultant looking for a refresher, this tutorial will equip you with the necessary knowledge to navigate through RSIMPCUR seamlessly.

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Now, let’s begin our tutorial on using SAP transaction RSIMPCUR.

What is SAP Transaction RSIMPCUR?

SAP Transaction RSIMPCUR (Exchange Rate Maintenance) is a transaction code used in SAP for maintaining exchange rates and currency conversions. It allows users to define and update exchange rates between different currencies, enabling accurate currency conversions in various SAP modules. With RSIMPCUR, you can seamlessly manage currency exchange rates, ensuring accurate financial calculations and reporting.

Step 1: Accessing SAP Transaction RSIMPCUR

To start using RSIMPCUR, 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 “Accounting” folder and expand it.
4. Locate and click on the “Financial Accounting” folder.
5. From the sub-menu, select “General Ledger.”
6. Next, choose “Environment” and click on “Currency.”
7. Finally, select “Exchange Rates” to access the RSIMPCUR transaction.

Step 2: Understanding RSIMPCUR Transaction Screen

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

• Exchange Rate Type: This field allows you to select the exchange rate type for which you want to maintain or view exchange rates.
• Valid From/To: These fields define the validity period for the exchange rate. You can specify the start and end dates for which the exchange rate is applicable.
• From/To Currency: Here, you can specify the currencies between which you want to maintain or view exchange rates.
• Exchange Rate: This field displays the exchange rate for the selected currencies and exchange rate type.
• Conversion Factors: This tab provides additional information on conversion factors and rounding rules for currency conversions.
• Validity Periods: The validity periods tab allows you to view and maintain multiple exchange rates for different time periods.
• Translation Ratios: This tab displays the translation ratios for converting amounts between different currencies.

Step 3: Maintaining Exchange Rates with RSIMPCUR

To maintain exchange rates using RSIMPCUR, follow these steps:

1. Start by selecting the appropriate exchange rate type from the dropdown menu.
2. Specify the validity period for the exchange rate by entering the start and end dates.
3. Enter the currencies between which you want to maintain the exchange rate.
4. Provide the exchange rate for the selected currencies and exchange rate type.
5. If necessary, navigate to the “Conversion Factors” tab to define additional conversion factors and rounding rules.
6. Click on the “Save” button to save the exchange rate.

Congratulations! You have successfully maintained an exchange rate using SAP transaction RSIMPCUR.

Step 4: Exploring Additional Functionality

SAP transaction RSIMPCUR offers various additional functionalities to streamline your currency conversion processes. Here are some notable features you can leverage:

• Display Exchange Rates: Use RSIMPCUR to display existing exchange rates by entering the appropriate exchange rate type and currencies. This allows you to review past exchange rates and track currency conversions.
• Change Exchange Rates: RSIMPCUR also enables you to modify existing exchange rates. You can update fields such as the exchange rate, validity period, or other relevant details. Simply enter the exchange rate type and currencies, and make the necessary changes.
• Multiple Exchange Rates: With RSIMPCUR, you can maintain multiple exchange rates for different validity periods. This allows you to accommodate fluctuating exchange rates and update them as needed.
• Translation Ratios: RSIMPCUR provides translation ratios for converting amounts between different currencies. You can view and maintain these ratios to ensure accurate currency conversions in financial calculations.

Conclusion

In this tutorial, we have provided you with a step-by-step guide on using SAP transaction RSIMPCUR for currency conversion and exchange rate maintenance. We covered the basics of RSIMPCUR, explained how to maintain exchange rates, and explored additional functionalities. Remember, continuous learning and practice are key to becoming proficient in SAP.

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