1. Objective and Scope

1.1. Objective of this Operation

This document explains the carry out of the update and upload the Foreign Currencies for Argentina Companies using the information available in the "Banco de la Nación Argentina".

1.2. Scope

This procedure applies to Argentina Companies in PF1.

2. Definitions

See Finance Glossary:

• PF1

3. Tasks description

For legal reason is necessary to update the system with the rates from "Banco de la Nación Argentina. The exchange rate defined in PF1 and WP1 cannot be used for Chile Companies".

This procedure describes:

• How to get the exchange rate in the website of  Banco de La Nación Argentina.
• How to input the data in SAP - transaction: ZRATEMOD.
• How to check if exchange rates are right -transaction : ZRATE
• How to save the report image - transaction: OB08
   

4.

Periodicity

The exchange rate should must be updated performed updated every working day and holidays at 5 ppm. m. in at Curitiba time, using the rate of the current working business day rate.

For the closing monthly rate, it should be performed every first day of the current month.

These process is described in detail in the sections below. 

5.

I UPDATE THE RATE  - DAILY

5

.1. I retrieve the data

- Daily

 Access the website: https://www.bna.com.ar/Personas#billetesGo to the Banco de La Nación Argentina.

Click the "Cotizacion Divisas" and click in "Ver Histórico" option:

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Click in "Ver

histórico principal"

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Save this print below in the worksheet: "Taxas Diárias 2022".

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5.2. I update

the exchange rate -

Daily

Run the transaction transaction ZRATEMOD (system PF1) in order to upload to SAP the Exchange Rate. 

In the transaction insert the following information: 

• "Valid

  from

  From" –

  the date that should be insert the rate, which should be the current day you are updating the rate;

  Enter the previous day's exchange rate.

• "From Currency" – the currency, for the Argentina companies must be updated only in USD and EUR;The rate is updated for the following currencies:  "EUR and USD".

• "Exch. Rate type" – the type of

• rate to be modified:

• "LARA , LARD and LARP

• "

For LARA, we should use the "Compra" column

for checking the update of the Dollar (USD) and Euro (EUR);

For LARD,

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we should use the "Venta" column, for checking the update the Dollar (USD) and Euro (EUR);

For LARP, we should use the "Venta" column, for checking only the update the Dollar (USD) type.

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Press enter;
The system will inform the actual rate. 
After that is necessary just to press 

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Image Added . The new rate will be assumed by the system:

For LARD, we should use the "Venta" column, and update the Dollar (USD) and Euro (EUR), for example:
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For LARP, we should use the "Venta column, and we only update the Dollar (USD) type.

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3.3. I update the rate - monthly

3.3.1. I retrieve the data

Do the same process for "EUR and USD".

5.3. I check the exchange rate - Daily

Access the transaction: ZRATE

In the transaction, insert the following information:

• "DATE" – Enter the previous day's exchange rate.

• "From Currency" – The rate is updated for the following currencies:  EUR and USD.
• "To Currency" – The currency for Argentina is "ARS.".

• "Exch. Rate type" – the type of rate to be modified: "LARA , LARD and LARP"

And check that the rates are updated correctly.

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After verifying that the exchange rates are correct, access transaction OB08, save the report image and paste it into the "Taxas diárias 2022" worksheet.

Access transaction OB08

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Click in SELECTION, BY CONTENTS:

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Select VALID FROM:

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Insert the current day: 

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When the report appears, check if the rates are correct based on the print of the rates extracted from the link mentioned above. If everything is ok, give a PRINT.

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Click on ExRt + From + To + Valid from ( CTRL+) column and click on filter:

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For Argentina, we use three different types: "LARA, LARD and LARP"

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After checking the rates, save the report image, and paste it into the "Taxas diárias 2022"worksheet.

6. I UPDATE THE RATE  - MONTHLY

6.1. I retrieve the data - Monthly

Go to the Go to the Banco de La Nación Argentina.

Click the "Cotizacion Divisas" option and "Cotizacion Billetes" for"BRL" currency;

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Save this print below in the worksheet: AR - EXCHANGE RATE UPDATE MONTHLY 2022.

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The rate is updated for the following currencies:

"BRL;

CHF;

DKK;

EUR;

GBP;

JPY;

USD;"

3

6.

3.

2.

 

I upload the exchange rate -

monthly

Monthly

Run the transaction ZRATEMOD (system PF1) in order to upload to SAP the Exchange Rate. 
In the transaction insert the following information: 

• "Valid from" – the date that should be insert the rate, which should be the current day you are updating the rate;Insert the monthly exchange rate on the last working day of the current month.
• "From Currency" – the currency, for the Argentina companies must be updated only in USD and EUR; The rate is updated for the following currencies: "BRL; CHF; DKK; EUR; GBP; JPY; USD;"
• "Exch. Rate type" – the type of the rate to be modified:

For

• for the closing type rate, we use only "LARA and

LARP;

• LARD". (For LARA, we should use the "Compra" column, and for LARD we should use the "Venta" column).

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Press enter;
The system will inform the actual rate. 
After that is necessary just to press  and  . The new rate will be assumed by the system:

Do the same process for "BRL, ; CHF, ; DKK; EUR, ; GBP and ; JPY; USD", for LARA and also for LARD.

6.3.

.

End of document.