How to use OKUT - Exchange rate types

OKUT - Overview

• Transaction Code: OKUT

  Description: Exchange rate types

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: KC

    Package Description: Cost Accounting Controlling EIS

    Parent Package: APPL

  • Module/Component: EC-EIS-DCM

    Description: Data Collection

OKUT - Details

• SAP Tcode: OKUT - Exchange rate types

  
  Overview:
  The SAP transaction code OKUT is used to maintain exchange rate types in the SAP system. It allows users to define and maintain exchange rate types for different currencies. This transaction code is used to define the exchange rate type for a particular currency and also to maintain the exchange rate for that currency. 
  
  Functionality:
  OKUT enables users to define and maintain exchange rate types for different currencies. It allows users to define the exchange rate type for a particular currency and also to maintain the exchange rate for that currency. The exchange rate type can be used in various transactions such as foreign currency valuation, foreign currency payments, and foreign currency postings. 
  
  Step-by-step How to Use:
  1. Enter transaction code OKUT in the command field of the SAP system. 
  2. Select the “Create” button to create a new exchange rate type. 
  3. Enter the details of the new exchange rate type such as name, description, and currency. 
  4. Select “Save” to save the new exchange rate type. 
  5. Select “Maintain” to maintain the exchange rate for the selected currency. 
  6. Enter the details of the exchange rate such as date, amount, and source of information. 
  7. Select “Save” to save the changes made to the exchange rate type. 
  
  Other Recommendations:
  It is recommended that users should always check the accuracy of the exchange rates before using them