How to use TX23 - Create foreign exchange simulation

SAP Transaction Code - Details

• Transaction Code: TX23

  Description: Create foreign exchange simulation

  Release: S/4HANA and ECC 6

• • Program: FTR_SIMU00

    Screen: 1000

    Authorization Object: F_T_TRANSB

  • Development Package: FTTR

    Package Description: Treasury: Financial Transaction

    Parent Package: FS_TRM

  • Module/Component: FIN-FSCM-TRM-TM-TR

    Description: Transaction Management

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• SAP Tcode: TX23 - Create foreign exchange simulation

  
  Overview:
  The SAP transaction code TX23 is used to create a foreign exchange simulation. This simulation allows users to simulate the effects of foreign exchange rate changes on their financial statements. The simulation can be used to analyze the impact of different exchange rate scenarios on the company’s financial position. 
  
  Functionality: 
  The TX23 transaction code allows users to create a foreign exchange simulation. This simulation can be used to analyze the effects of different exchange rate scenarios on the company’s financial position. The simulation can also be used to compare different scenarios and determine which one is most beneficial for the company. 
  
  Step-by-step How to Use: 
  To use the TX23 transaction code, users must first enter the desired exchange rate scenario. Then, they must enter the desired currency and select the desired period for the simulation. After that, they must enter the desired amount of money and select the desired currency for the simulation. Finally, they must enter the desired date for the simulation and click “Simulate” to generate a report with the results of the simulation. 
  
  Other Recommendations: 
  It is recommended that users use this transaction code in conjunction with other SAP tools such as SAP BusinessObjects Analysis for Office or SAP BusinessObjects Analysis for Microsoft Excel in order to gain a better understanding of their financial position in different exchange rate scenarios. Additionally, it is recommended that users consult with their financial advisors before making any decisions based on the results of this simulation.