What is evaluation date in SAP FIN-FSCM-TRM-TM - Transaction Manager?

SAP Term: evaluation date

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: Date for which the transactions are selected and market data is read. The evaluation date is also used as the basis for calculating forward rates. If the evaluation date is before the current date, the system reads historical market data. Otherwise, the forward rates are calculated using the last available market data.

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• Key Concepts: 
  The evaluation date in SAP Transaction Manager (FIN-FSCM-TRM-TM) is the date used to determine the exchange rate for a transaction. This date is used to calculate the amount of currency to be exchanged and the amount of currency to be received. 
  
  How to use it: 
  The evaluation date can be set manually or automatically. To set it manually, go to the “Transaction Manager” tab in SAP and select “Set Evaluation Date”. Enter the desired date and click “OK”. To set it automatically, go to the “Transaction Manager” tab in SAP and select “Set Automatic Evaluation Date”. Select the desired frequency and click “OK”. 
  
  Tips & Tricks: 
  It is important to remember that the evaluation date should be set before any transactions are made. This will ensure that all transactions are calculated correctly and that no discrepancies occur. 
  
  Related Information: 
  For more information on setting the evaluation date in SAP Transaction Manager, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_TRANSACTION_MANAGER/7.50/en-US