F1904 - Quotation Conversion Rates

SAP Transaction Code - Details

• Transaction Code: F1904

  Description: Quotation Conversion Rates

  Release: S/4HANA only

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Smart SAP Assistant

• SAP Tcode: F1904 - Quotation Conversion Rates

  
  Overview:
  The SAP transaction code F1904 is used to maintain quotation conversion rates. This transaction code allows users to enter, change, and display quotation conversion rates for different currencies. 
  
  Functionality: 
  The F1904 transaction code is used to maintain the exchange rate between two currencies. This rate is used to convert the amount of one currency into another currency. The exchange rate can be entered manually or retrieved from an external source. The exchange rate can also be changed at any time. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code F1904 in the command field. 
  2. Enter the currency code for which you want to maintain the exchange rate. 
  3. Enter the exchange rate for the currency you have selected. 
  4. Save your changes by pressing the save button. 
  5. To view the exchange rate, enter the currency code and press enter. 
  6. To change the exchange rate, enter a new value and press enter. 
  7. Save your changes by pressing the save button again. 
  
  Other Recommendations: 
  It is important to keep in mind that the exchange rate should be updated regularly in order to ensure accuracy of financial transactions between different currencies. Additionally, it is recommended that users check with their local bank or financial institution for up-to-date exchange rates before entering them into SAP.