What is exchange rate quotation in SAP CA-ANW - SAP Anywhere?

SAP Term: exchange rate quotation

• Component: CA-ANW

• Component Name: SAP Anywhere

• Description: There are two ways to quote exchange rates. Direct quotation is where the cost of a certain number of units of foreign currency is given in units of local currency, whereas indirect quotation is where the cost of a certain number of units of local currency is given in units of foreign currency.

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• Key Concepts: 
  Exchange rate quotation is a feature in SAP Anywhere that allows you to set up different exchange rates for different currencies. This allows you to accurately calculate the cost of goods and services in different currencies. 
  
  How to use it: 
  To set up an exchange rate quotation, go to the Settings tab in SAP Anywhere and select Exchange Rate Quotation. From there, you can add new exchange rates for different currencies. You can also edit existing exchange rates or delete them if needed. 
  
  Tips & Tricks: 
  When setting up an exchange rate quotation, make sure to check the current exchange rate for accuracy. This will help ensure that your calculations are accurate and up-to-date. 
  
  Related Information: 
  For more information on setting up an exchange rate quotation in SAP Anywhere, please refer to the official SAP Anywhere documentation.