B. Set up the relationship between currencies using translation ratios.
The sources state that in an SAP S/4HANA system, translation ratios for currencies "must be maintained periodically (often daily)." This means defining how many units of one currency are equal to a unit of another currency.
D. Specify a purpose for the exchange rate type.
The sources explain that the system uses exchange rate types to allow users to enter different exchange rate ratios depending on the business scenario. Examples of scenarios requiring different exchange rates include:
Legal valuation, Internal/group valuation. Planning
Options A and C are not directly related to configuring a new exchange rate type. Maintaining daily exchange rates is a separate process, and the company code currency is typically defined at the company code level, not at the exchange rate type level.
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