How to update the S4HANA Cloud Public exchange rate automatically?

[ricdtc]

Hello,

We are in a S4/HANA Cloud public implementation and we have the need to automatically update the exchange rates by making a connection to the Bank of Mexico API.

The connection to the bank's API we know that it can be done through the integration suite, but we see that there is no standard API in public to update the exchange rate.

It would help us a lot to know what are the next steps or alternatives for this case

Thanks!

[JulianoRomanato]

Hello ricdtc.

How are you? I have excluded the Tag "SAP S/4HANA Cloud" and included the Tag "SAP S/4HANA Cloud for Finance" for this question, as Exchange Rates are related to Finance Line of Business.

Regards.

Juliano Romanato.

[DennisLeslie · Accepted solution]

Hi Ricardo,

Please look into scope item 1S4 (Automatic Market Rates Management) for this. It supports Refinitiv data option, or via Bring Your Own Rates (BYOR). BYOR seems to fit your need.

Regards,

Dennis

[ricdtc · Accepted solution]

Hi, Dennis

Thanks for your answer,

Do you know if there is any way to update the exchange rates through ABAP Development Tools or any api?

Regards,

Ricardo

[Saumitra]

@ricdtc: I do agree with the approach mentioned by @dennis.leslie about the BYOR. That's the easiest and fastest way to get the exchange rates into your system from central banks. If you are looking for bringing the rates into the Cloud ABAP environment, please check the option mentioned over here - Cloud ABAP Exchange Rates.

This is detailed for the SAP BTP ABAP Cloud, but I believe this also can be applied in the SAP S/4HANA Cloud ABAP environment (ADT).

Thanks,
Saumi