Model Currency Translation and Unit Conversion (2024)

Conversion Options

Simple conversions can be performed between units of measure that belong to the same dimension (such as meters to kilometers, kilograms to grams).

You can also perform InfoObject-specific conversions, such as an example where two palettes (PAL) of material 4711 were ordered and this order quantity must be converted to the stock quantity carton (CAR).

The way that you want conversion factors to be determined, is the decisive element in defining a conversion type.

Transfer all the tables relevant for unit conversion from other SAP systems connected to the SAP BW/4HANA system. Specifically, this includes the tables T006, T006A, T006B, T006C, T006D, T006I, T006J, and T006T.

Model Currency Translation and Unit Conversion (1)Note

In the Data Warehousing Workbench, under Modeling, choose the source system tree. In the context menu of your SAP Source System, choose Transfer Global Settings. The Transfer Global Settings: Selection screen appears. Under Transfer Global Table Contents, select the Units of Measure field.

Model Currency Translation and Unit Conversion (2)

The specific options for dynamic determination of conversion factors are as follows:

  • Use reference InfoObject.

  • Use central units of measure (T006).

  • Use the reference InfoObject if available. Otherwise, use central units of measure (T006).

  • Use central units of measure (T006) if available. Otherwise, use reference InfoObject.

Dynamic determination of conversion factors allows for the determination to come from either a reference InfoObject (and the linked quantity DataStore Object (advanced)), from table T006, or both. If both, the order of operations is set and if the system fails to find it in the initial source, it searches the alternate source for final determination.

The following options are available for conversion factors:

  1. Using a reference InfoObject

    The system tries to determine the conversion factors from the reference InfoObject that you chose or from the associated quantity DataStore Object (advanced). Consider this scenario: you want to convert 1000 grams to kilograms but the conversion factors aren't defined in the quantity DataStore Object (advanced). In this case, the system can't perform the conversion (even though it's a simple conversion).

  2. Using central units of measure

    Conversion can only take place if the source unit of measure and target unit of measure belong to the same dimension. For example, meters to kilometers or kilograms to grams.

  3. Using reference InfoObject if available, central units of measure if not

    The system tries to determine the conversion factors using the quantity DataStore Object (advanced) you have defined. If the system finds conversion factors, it uses these to perform the calculation. If the system cannot determine conversion factors from the quantity DataStore Object (advanced), it tries again, using the central units of measure.

  4. Using central units of measure if available, reference InfoObject if not

    The system tries to find the conversion factors in the central units of the measure table. If the system finds conversion factors, it uses these conversion factors to perform the conversion. The system may not be able to determine conversion factors from the central units of measure. If so, the system tries to find conversion factors that match the attributes of the data record by looking at the quantity DataStore Object (advanced).

The settings that you can make in the system affect performance and the decision must be strictly based on the data set. Consider the following points:

  • If you are performing conversions only within the same dimension, the second option is most suitable.

  • If you are performing InfoObject-specific conversions (for example, material-specific conversions) between units that do not belong to the same dimension, the first option is most suitable.

    Model Currency Translation and Unit Conversion (3)Note

    In both cases above, the system accesses only one database table. That table contains the conversion factors.

  • With the third and fourth options, the system tries to determine conversion factors at each stage. If conversion factors are not found in the basic table (T006), the system searches again in the quantity DataStore Object (advanced), or in reverse.

  • The option you choose depends on how you want to spread the conversion. For example, the source unit of measure and target unit of measure may belong to the same dimension for 80% of the data records that you want to convert. If so, try to determine factors by using the central units of measure (the fourth option). Accept that the system must also search for the remaining 20%in the second table.

Conversion Factor from (Key Figure) InfoObject

The Conversion Factor from (Key Figure) InfoObject option (as with Exchange Rate from InfoObject in currency translation types) is only available when you load data. The key figure that you enter here must exist in the InfoProvider and the value this key figure has in the data record is taken as the conversion factor.

Source Unit of Measure

The source unit of measure is the unit of measure that you want to convert. During the data load process, the source unit of measure is determined dynamically from the data record or from a unit (quantity) attribute of an InfoObject (characteristic).

You can also specify a fixed source unit of measure or determine the source unit of measure using a variable.

When converting quantities in a Query, the data record determines the source unit of measure.

Target Unit of Measure

You have the following options for determining the target unit of measure:

  • You can enter a fixed target unit of measure in the unit conversion type (for example, kg).

  • You can specify an InfoObject in the unit conversion type that is used to determine the target unit of measure during the conversion. All InfoObjects that have at least one unit attribute type are listed under InfoObject for Determining Unit of Measure. Select one of these attributes as the corresponding quantity attribute.

  • Alternatively, you can specify that the target unit of measure is determined from a variable during the conversion.

Model Currency Translation and Unit Conversion (2024)

FAQs

What is the math for currency exchange? ›

If you know the exchange rate, divide your current currency by the exchange rate. For example, suppose that the USD/EUR exchange rate is 0.631 and you'd like to convert 100 USD into EUR. To accomplish this, simply multiply the 100 by 0.631 and the result is the number of EUR that you will receive: 63.10 EUR.

What is the definition of exchange rate in math? ›

An exchange rate is the rate at which the money of one country can be changed for the money of another country. It can also be referred to as a foreign exchange rate and be seen as the price of one currency expressed in terms of another currency.

Do you multiply or divide for exchange rates? ›

To make it simpler, if you are converting currency from left to right (base to quote), multiply. Alternatively, if you are converting currency from right to left (base to quote), divide. Now, it was easy to buy sell 100 Euros using the EURUSD quote but, what if we wanted to convert 100 Dollars using the EURUSD quote.

What is an example of a currency conversion? ›

The exchange rate is calculated by dividing the new currency by what it is worth in the home currency. So, if 1 U.S. dollar is worth 0.63 British pounds, then the exchange rate for converting the US dollar to British pounds is 0.63 British pounds/1 U.S. dollar = 0.63.

What is the formula to calculate currency? ›

If "a" is the money you have in one currency and "b" is the exchange rate, then "c" is how much money you'll have after the exchange. So a * b = c, and a = c/b.

What is the formula for exchange? ›

Fisher's equation of exchange is MV=PT, where M = money supply, V = velocity of money, P = price level, and T = transactions.

What is unit rate in math? ›

A unit rate means a rate for one of something. We write this as a ratio with a denominator of one. For example, if you ran 70 yards in 10 seconds, you ran on average 7 yards in 1 second. Both of the ratios, 70 yards in 10 seconds and 7 yards in 1 second, are rates, but the 7 yards in 1 second is a unit rate.

How do you solve for the exchange rate? ›

Calculate an FX rate using this simple formula: Your starting figure (in your local currency) divided by the final number (in the new foreign currency) = the exchange rate.

What is the formula for the real exchange rate? ›

The core equation is RER = eP*/P, where, in our example, e is the nominal dollar/euro exchange rate, P* is the average price of a good in the euro area, and P is the average price of the good in the United States.

How do exchange rates work for dummies? ›

The exchange rate gives the relative value of one currency against another currency. An exchange rate GBP/USD of two, for example, indicates that one pound will buy two U.S. dollars. The U.S. dollar is the most commonly used reference currency, which means other currencies are usually quoted against the U.S. dollar.

How to convert currency backwards? ›

You would divide 1 by the current exchange rate of the two currencies for the inverse relationship. So for example, if the USD/EUR exchange rate was 0.89, to find the reciprocal exchange rate of EUR/USD, you would perform the following calculation: 1/0.89 to arrive at 1.12.

How to do the math for currency conversion? ›

How to work out exchange rates
  1. Write down the exchange rate and the other information given. Keep the same currencies in line.
  2. Highlight the rate.
  3. Decide whether to multiply or divide by the rate. ...
  4. Multiply or divide the given currency by the exchange rate.
  5. State your final answer with the correct currency symbol.

What is the difference between direct and indirect exchange rates? ›

The exchange rate can be quoted directly or indirectly. The quote is direct when the price of one unit of foreign currency is expressed in terms of the domestic currency. The quote is indirect when the price of one unit of domestic currency is expressed in terms of Foreign currency.

What is it called when the value of a currency goes down? ›

Currency depreciation is a fall in the value of a currency in terms of its exchange rate versus other currencies.

How is currency exchange calculated? ›

In a floating regime, exchange rates are generally determined by the market forces of supply and demand for foreign exchange. For many years, floating exchange rates have been the regime used by the world's major currencies – that is, the US dollar, the euro area's euro, the Japanese yen and the UK pound sterling.

How do you calculate currency trading? ›

The actual calculation of profit and loss in a position is quite straightforward. To calculate the P&L of a position, what you need is the position size and the number of pips the price has moved. The actual profit or loss will be equal to the position size multiplied by the pip movement.

How do you calculate conversion rate in math? ›

Conversion rates are calculated by simply taking the number of conversions and dividing that by the number of total ad interactions that can be tracked to a conversion during the same time period. For example, if you had 50 conversions from 1,000 interactions, your conversion rate would be 5%, since 50 ÷ 1,000 = 5%.

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