Foreign currency transaction in SAP Business One depends on the exchange rates table. These daily rates are updated into SAP B1 manually.

SAP Business One: Exchange Rate Import
Add-on features
01
This add-on is to download the rates from MAS web API and update SAP B1 exchange rate.
02
This add-on can run from both inside SAP B1 application and triggered manually by user or it can be scheduled to automatically update the rate as required (via windows task scheduler)
03
Support SAP Local Currency SGD as well as other currencies supported by MAS API.
04
Support both SAP Direct/Indirect exchange rate.
05
Auto Update supports multiple companies.
MAS (Monetary Authority of Singapore) provides a web API for anyone to download the exchange rates.
Read about MAS API from https://secure.mas.gov.sg/api
Setup determines what and how the rate should be imported into SAP.

Strategising Your Operations in the Global Game begins with First Contact.
TWM takes the time to analyze and understand about the issues at your organization before recommending a solution that fits. We provide professional advice during the initial discussion to ensure successful implementation. Or Call us for a Chat at +65-67419198.