How to use OAW3 - Translation method

SAP Transaction Code - Details

• Transaction Code: OAW3

  Description: Translation method

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > Fixed Assets > Information System > Tools > Currency Translation Methods
  • Accounting > Investment Management > Assets > Information System > Tools > Currency Translation Methods

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: AA

    Package Description: Assets: Master Data

    Parent Package: APPL

  • Module/Component: FI-AA-AA

    Description: Basic Functions

Smart SAP Assistant

• SAP Tcode: OAW3 - Translation method

  
  Overview:
  The SAP transaction code OAW3 is used to maintain the translation method for a company code. This transaction code is used to define the translation method for a company code, which is used to convert foreign currency amounts into local currency amounts. 
  
  Functionality: 
  The OAW3 transaction code allows users to define the translation method for a company code. This transaction code is used to define the exchange rate type, exchange rate table, and exchange rate index that will be used to convert foreign currency amounts into local currency amounts. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OAW3 in the command field. 
  2. Enter the company code for which you want to maintain the translation method. 
  3. Select the exchange rate type, exchange rate table, and exchange rate index that will be used for the translation method. 
  4. Save your changes. 
  
  Other Recommendations: 
  It is important to note that the exchange rate type, exchange rate table, and exchange rate index must be maintained in order for the translation method to be effective. Additionally, it is recommended that users familiarize themselves with the different types of exchange rates and how they are used in order to ensure that they are selecting the correct exchange rate type, table, and index for their company code.