What is FX impact in SAP CEC-EMA - SAP Emarsys?

SAP Term: FX impact

• Component: CEC-EMA

• Component Name: SAP Emarsys

• Description: A currency risk that can occur when expenses are calculated in a different currency than the value of the reward.

Smart SAP Assistant

• Key Concepts: 
  FX Impact is a feature of the CEC-EMA SAP Emarsys Connector that allows users to manage the impact of foreign exchange (FX) rate fluctuations on their business. It enables users to set up a currency conversion rate for each currency pair and automatically adjust the rate when the exchange rate changes. This helps to ensure that the financial data in the system is always up-to-date and accurate.
  
  How to use it: 
  To use FX Impact, users must first set up a currency conversion rate for each currency pair. This can be done in the CEC-EMA SAP Emarsys Connector settings. Once the rates are set, FX Impact will automatically adjust the rate when the exchange rate changes. This ensures that all financial data in the system is always up-to-date and accurate.
  
  Tips & Tricks: 
  It is important to regularly check and update the currency conversion rates in order to ensure that they are accurate and up-to-date. Additionally, it is important to monitor exchange rates in order to anticipate any potential changes that may affect your business.
  
  Related Information: 
  For more information about FX Impact, please refer to the CEC-EMA SAP Emarsys Connector documentation or contact your SAP representative.