1. SAP Glossary
  2. Transaction Manager
  3. cross-rate calculator


What is cross-rate calculator in SAP FIN-FSCM-TRM-TM - Transaction Manager?


SAP Term: cross-rate calculator

  • Component: FIN-FSCM-TRM-TM

  • Component Name: Transaction Manager

  • Description: A tool for calculating the exchange rate between two currencies on the basis of a third currency, the reference currency.


Smart SAP Assistant

  • Key Concepts: 
    Cross-rate calculator is a component of the Transaction Manager (TM) module in SAP Financial Supply Chain Management (FSCM). It is used to calculate exchange rates between different currencies. It can be used to convert one currency into another, or to calculate the exchange rate between two currencies. 
    
    How to use it: 
    The cross-rate calculator can be accessed from the TM module in SAP FSCM. Once you have selected the currencies you wish to convert, the calculator will display the exchange rate between them. You can then enter the amount of currency you wish to convert and the calculator will display the converted amount. 
    
    Tips & Tricks: 
    When using the cross-rate calculator, it is important to ensure that you are using up-to-date exchange rates. The calculator will automatically update its rates when new information is available, but it is important to check that the rates are correct before making any conversions. 
    
    Related Information: 
    The cross-rate calculator is just one of many features available in the Transaction Manager module of SAP FSCM. Other features include payment processing, currency conversion, and risk management. For more information on these features, please refer to the SAP FSCM documentation.
    • Do you have any question about this SAP term?


      Upgrade now to chat with this SAP term.

Related SAP Glossary Terms

Click the links below to see the following related SAP glossary terms:
Rating
ERPlingo simplifies finding the accurate answers to SAP message errors. I now use every week. A must have tool for anyone working with SAP! Highly recommended!
Rate 1
Kent Bettisworth
Executive SAP Consultant