Best Practice scenario Automatic Market Rates Management (1S4)

Automatic Market Rates Management (1S4)

In this process, market data is automatically imported from the currency service provided by the SAP Business Technology Platform. You can load market rates with either Refinitiv data option, or via Bring Your Own Rates (BYOR).

The Refinitiv data and BYOR options support eight different types market data, including Currency Spot Rate, Interest Rates, Forex Swap Rates, Basis Spreads, Credit Spread, FX Volatility with Moneyness, and Securities and Exchange Rate Volatilities.

You can schedule the request for current market data as a job to get the data when you need it and tailor the market data for importing to get only the market data you need.

You can also import historical market data into your system for comparison reasons.

Key Process Steps Covered

Define translation table
Retrieve market data

Benefits

Get an accredited source of data

Where is Automatic Market Rates Management(1S4) being used?

This Scope item is used in the following way:

As a support function of Treasury Management within Finance Scope Item Group

Process flow of Automatic Market Rates Management (1S4)

Find below the process flow of the scope item Automatic Market Rates Management as it is defined for release s4hc-2111.

Download Process Flow of Best Practice scenario Automatic Market Rates Management (1S4) - S/4HANA Cloud

Ref: Finance of SAP S4HC-2111

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*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.

Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered: