How to use GMCA_CHK_RATES - Validate Exchange Rates

SAP Transaction Code - Details

• Transaction Code: GMCA_CHK_RATES

  Description: Validate Exchange Rates

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > General Ledger > Periodic Processing > Multi Currency Accounting > MCA Validation Check > Transaction Data > Validate Exchange Rates
  • Accounting > Bank Applications > Enhancements for Accounting > Multi Currency Accounting > MCA Validation Check > Transaction Data > Validate Exchange Rates

• • Program: GLE_MCA_RFX_RATE

    Screen: 1000

    Authorization Object:

  • Development Package: FAGL_MCA_AL_RP

    Package Description: FI: MCA Reporting

    Parent Package: FAGL_MCA_AL_RP_MAIN

  • Module/Component: FI-GL-CU-MCA

    Description: Multi Currency Accounting

Smart SAP Assistant

• SAP Tcode: GMCA_CHK_RATES - Validate Exchange Rates

  
  Overview:
  GMCA_CHK_RATES is a SAP transaction code used to validate exchange rates in the system. It is used to check the accuracy of exchange rates and ensure that they are up-to-date. This transaction code is part of the SAP Globalization Services (GLS) module. 
  
  Functionality: 
  GMCA_CHK_RATES allows users to check the accuracy of exchange rates in the system. It can be used to compare exchange rates from different sources, such as the European Central Bank, and ensure that they are up-to-date. The transaction code also allows users to view a list of all exchange rates in the system and make any necessary adjustments. 
  
  Step-by-step How to Use: 
  1. Enter GMCA_CHK_RATES into the SAP command field. 
  2. Select the source of exchange rate data you would like to use (e.g. European Central Bank). 
  3. Select the currency you would like to check (e.g. US Dollar). 
  4. View a list of all exchange rates in the system for the selected currency. 
  5. Compare the exchange rates from different sources and make any necessary adjustments. 
  6. Save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is recommended that users regularly check exchange rates in their system using GMCA_CHK_RATES to ensure accuracy and up-to-date information. Additionally, users should be aware that this transaction code only checks exchange rates for currencies that have been set up in their system, so it is important to ensure that all relevant currencies have been added before using this transaction code.