Quantcast
Channel: SCN : All Content - SAP ERP Financials - Treasury Applications
Viewing all articles
Browse latest Browse all 2236

Converting price per unit of commodity future

$
0
0

Hello Experts

 

We deal in commodities futures. Each lot of commodity future is of Metric Tonne (MT) i.e. 1000KGS. But the price quoted in market is in 100KGs. For example, Rs.4500 per 100KGs.

 

Now while entering deal in FTR_CREATE, I entered 1 unit i.e. 1MT. But I need to manually convert price per 100KG into price per MT and then entered price.

 

But my requirement is that I should not manually enter price per MT in the system. I should enter price per 100KG only. System should automatically multiply by 10 (i.e. 100KG rate getting converted in MT rate) and post the transaction.

 

Please let me know how we can achieve this.

 

--

Deepak


Viewing all articles
Browse latest Browse all 2236

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>