What is conversion rate in SAP IS-R - SAP for Retail?

SAP Term: conversion rate

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail The percentage of visitors to a web shop making an order, thereby becoming buyers.

Smart SAP Assistant

• Key Concepts: 
  Conversion rate is a feature of the IS-R SAP for Retail component that allows users to convert currencies from one to another. It is used to ensure that all transactions are accurately recorded in the correct currency. The conversion rate is determined by the exchange rate between two currencies at a given time. 
  
  How to use it: 
  To use the conversion rate feature, users must first select the currency they wish to convert from and then select the currency they wish to convert to. The system will then calculate the exchange rate between the two currencies and display it on the screen. Users can then enter the amount they wish to convert and the system will automatically convert it into the desired currency. 
  
  Tips & Tricks: 
  It is important to ensure that the conversion rate is up-to-date in order to ensure accurate results. It is also important to remember that different currencies may have different exchange rates, so it is important to check the current exchange rate before converting any amounts. 
  
  Related Information: 
  For more information about using the conversion rate feature in IS-R SAP for Retail, please refer to the official SAP documentation or contact your local SAP support team.