What is 'conversion date' in SAP AP-TTE - CRM Transaction Tax Engine?

conversion date - Overview

• Component: AP-TTE

• Component Name: CRM Transaction Tax Engine

• Description: The reference date on which the exchange rate for currency conversion is defined.

conversion date - Details

• 
  Key Concepts: 
  Conversion date is a term used in the SAP AP-TTE CRM Transaction Tax Engine component. It is the date used to convert a currency from one value to another. This date is used to determine the exchange rate for the conversion. 
  
  How to use it: 
  The conversion date is used when converting a currency from one value to another. The exchange rate for the conversion is determined by the conversion date. The conversion date can be set manually or automatically. 
  
  Tips & Tricks: 
  When setting the conversion date manually, it is important to ensure that the correct exchange rate is used for the conversion. It is also important to ensure that the conversion date is up-to-date so that the most accurate exchange rate is used. 
  
  Related Information: 
  The SAP AP-TTE CRM Transaction Tax Engine component also includes other terms such as tax code, tax rate, and tax amount. These terms are all related to the conversion date and are used in conjunction with it when converting a currency from one value to another.