C_TS4FI_2023 · Question #79
At which levels do you choose between direct and indirect quotation? Note: There are 2 correct answers to this question.
The correct answer is A. Client D. Exchange rate type. In SAP Financial Accounting, the choice between direct quotation (price of 1 unit of foreign currency expressed in local currency) and indirect quotation (price of 1 unit of local currency expressed in foreign currency) is configured at two levels: the Client (A) - which sets…
Question
At which levels do you choose between direct and indirect quotation? Note: There are 2 correct answers to this question.
Options
- AClient
- BCountry
- CCompany code
- DExchange rate type
How the community answered
(37 responses)- A95% (35)
- B3% (1)
- C3% (1)
Explanation
In SAP Financial Accounting, the choice between direct quotation (price of 1 unit of foreign currency expressed in local currency) and indirect quotation (price of 1 unit of local currency expressed in foreign currency) is configured at two levels: the Client (A) - which sets the system-wide default quotation method - and the Exchange Rate Type (D) - where you can override that default for specific rate types (e.g., M for average rate, B for buying rate). Country (B) is incorrect because SAP does not use country as a configuration level for quotation methods; country-specific requirements are handled elsewhere. Company code (C) is also incorrect because quotation settings are not maintained at the company code level - they apply more broadly across the system.
Memory tip: Think "C.E." - Client sets the default, Exchange rate type fine-tunes it. If the level isn't one of those two, it's not where quotation is configured.
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