For projects’ planning exchange rate type P will be maintained monthly.
Currently the system will do the currency conversion for Cost and Revenue differently.
For planned Cost, the “Direct quoted exchange rate” is used i.e. 1 USD = 12,68578 ZAR
The results produced by the system are as expected.
For planned Revenue, the “Indirect quoted exchange rate” is used i.e. 1 ZAR = 0,07883 USD
The results produced by the system are not as expected. When we maintain the indirect quoted exchange rate as mentioned above we get planned revenue on the project that is incorrect. We are expecting the planned revenue to be for CONS 1 USD 37,76 and for CONS 3 USD 82,30.
Ensure that the “Indirect quoted exchange rate” for exchange rate type P is always maintained as per attachment. This is not consistent with the way SAP Standard calculated conversions.