What is live rate in SAP CRM-MKT - Marketing?

SAP Term: live rate

• Component: CRM-MKT

• Component Name: Marketing

• Description: A dollar or percentage value that is used to build budget for trade promotion activities.

Smart SAP Assistant

• Key Concepts: 
  Live rate is a feature in SAP CRM-MKT Marketing that allows users to access up-to-date currency exchange rates. This feature is especially useful for businesses that need to track and manage currency exchange rates in real-time. 
  
  How to use it: 
  To use the live rate feature, users must first set up the currency exchange rate in the system. This can be done by entering the currency code and the exchange rate. Once this is done, users can access the live rate by selecting the “Live Rate” option from the menu. 
  
  Tips & Tricks: 
  It is important to note that the live rate feature only works with currencies that are supported by SAP CRM-MKT Marketing. Additionally, users should be aware that the live rate feature may not always be accurate due to fluctuations in the market. 
  
  Related Information: 
  For more information on how to use the live rate feature in SAP CRM-MKT Marketing, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature.