Clearing of foreign vendors
Dear all,
We have certain foreign vendors for which transaction is already completed.Balance is laying zero in their accounts.Now when we are clearing those open items the system takes the exchange rate of current date. In which we are not able to clear the vendor.Now how to proceed further.
Thanks
shivaji
[F-44: error: "The diference is too large for clearing"]
Refer to the above link.
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We have a issue where we need to clear a Forien Vendor.
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Company belongs to France
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So please advice us what are the settings to be done where we can clear the foreign vendor.through F110.using a payment method wich alloes FOrien vendor using Local Bank Account.
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SwethaHi Sujatha,
All the settings of F110 come From FBZP, have you check the following :
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House Bank : Name of the Local Bank Account (France)
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Don't forget to check also if for this foreign vendor we have the payment method ' T ' in the master Data (Tcode : XK03)
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Error In Transaction F-44 for Foreign Vendor Payment
Hi Experts,
User is getting the Error In Transaction F-44 (G/L account 14281001 xxxx does not exit) while doing Vendor Payment to Foreign Vendors.
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Dear Gurus,
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PROCESS FOR SENDING DEFECTIVE PART OF ASSET(MACHINE) FOR REPAIRING TO OVERSEAS SUPPLIER/REPAIRER AND RECEIVING BACK INTO FACTORY AFTER REPAIRING.
PACKAGING MACHINE
DEFECTIVE PART IDENTIFIED
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Will Be Very thankful to you if you can throw some light on the Duties that my client pay while the material is going out and coming in .
Regards
ShaileshHi,
Do the recursive subcontracting , send the same material and assign the same material as component by
creating subcontracting PO , and pay as sun con charges to overseas vendor
Map ,freight duty and custom in subcontracting PO as in regular PO
Try it should help
Diwakar -
How to app run for foreign vendors and customers please tell the steps
hai every body this is raj
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and another questions is how to run app for customers tLets say your company code is in country IN. Every vendor you create (using XK01, lets say) with a country other than IN is a foreign vendor for your company code. To enable APP for foreign vendors, make sure you check the checkbox 'Foreign Business Partner Allowed' in 'Payment method in company code' in T Code FBZP. If the vendor invoice is in a foreign currency, make sure you include that currency as permitted currency for that payment method.
To run APP for customers, your 'Payment method in country' in FBZP must be for incoming payment. -
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Hi all,
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You need to have a Bank Account which is setup to issue payments in foriegn currency.
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Provide points if found usefull.
Thanks,
Praveen -
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Hi Experts,
Can some body shed light on this..
Can we run the payment program for foreign vendors in their currency.. if soo what r the settings needed.Pls send in this mail iD ([email protected])
thanks in advance,
R.ManigandanHi,
Yes we can run the payment program for foreign vendors in their currency.
In FBZP double click on Pment Methods in Country
Select your country and double click on Currencies allowed
You can specify the foreign currency here. SAVE and Back
Double click on Pment Methods in Company Code
Double click on the company code
and Tick all the three check boxes for foreign payments and foreign currency payments. SAVE
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Hope it helps
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Jyostna -
Not able to post Realized Gain/Loss GL acct during foreign vendor payment
Dear Experts.
1. When I make a vendor payment by using F-53 for USD payment for foreign vendor. I am supposed to get Realised Gain /Loss account for the variation on payment date.
2. My local currency is INR and foreign Currency is USD.
3. DIrect quote and indirect quote maintained for INR and USD.
4. During payment I have selected USD currency and given the conversion rate.
5. When I paid to vendor, realzied amount did not capture.
My configuration for Foreign currency valuation is as follows:
1. T. COde OBA1. and KDB - Here I maintained unrealized gain and loss account
2. T. COde OBA1. and KDF - Here I maintained Realized gain and loss and unrealized loss and gain along with balance sheet adjustment account for foreign vendor reconciliation account.
Please suggest me for this issue.
Best Regards
SuryaHai Surya,
Check the OBA7 t.code for doc type whatever ur using like KZ in that check the Exchange rate type specified or not like M,G, or B based on ur OB08 t.code settings
Regards
Madhu I -
I entered an invoice from a foreign vendor who billed in foreign currency but wants to get paid in US dollar by bank transfer. The system correctly converted the foreign currency to US dollar. But in automatic payment run, it did not pay the vendor. The job log displayed the error "payment with currency BDT, payment method:no valid payment procedure". It also displayed "payment is not possible, beacuse of reported error" Payment proposal list shows " Error 006 No valid payment method found"
I am not sure what I am doing wrong. Your suggestion willHi Rashid,
Check in transaction FBZP-> payment methods in company code-> select the payment method you are using , check the foreign payments/foreign currency payment
select all the options as per your requirements
Assign points if useful
Regards
Genie -
Hi Experts,
Can some body shed light on this..
Can we run the payment program for foreign vendors in their currency.. if soo what r the settings needed.
thanks in advance,
siva reddy s.Hi,
For the above problem u can send it my mail id i .e [email protected]
points are assured.
bye
siva reddy s. -
Foreign vendor Excise registaration requirement at goods receipt of importP
Hi All,
Let me know why does system ask to maintain excise registration data in J1ID transaction at the time of goods receipt.
Although this foreighn vendor doesnot come under local jurisdiction.
If required then what information need to be maintained.
Regards,
Vijaykumar PHi,
Let me know why does system ask to maintain excise registration data in J1ID transaction at the time of goods receipt.
Although this foreighn vendor doesn't come under local jurisdiction.
In import PO you have to vendor
1) Foreign Vendor
2) Custom Vendor
you have to do MIRO first for custom vendor,then maintain J1ID for custom vendor and in excise tab on miscellaneous tab check which vendor is there
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Kailas Ugale -
Excise details for foreign vendors, Error: 8I565
Hi Experts,
After upgrade from 4.7 to ECC 6.0 system throwing error message 8I565: Vendor Excise details are not maintained.
Foreign vendors do not have excise details, Is there any config/ SAP note available to ovecome this issue?
Experts Kindly respond.
Regards
NDSHi Jeyakanthan,
I checked that SAP Note, that is already there in ECC 6.0 EHP4.
This Note checks the vendors excise fields in Vendor master excise details and if found balnk throws the error message.
This note was not there in 4.7 so no error message was coming in 4.7
This SAP Note makes it necessary to enter a dummy data in vendor excise details.
But my client does not want to enter any dummy details in these vendor excise fields for foreign vendors.
Reg
NDS -
Check format for Foreign Vendor
Hi guys,
When we need to pay a foreign vendor thru check, the currecny format and date format defaulted from that vendors's country' and most of the time its different than US format.
I am using alternate payee to cut the check for foreign vendors in US currency ,date format.Is there any other way we could achieve this without creating another master record for foreign vendor??
Regards
ShaunHEllo Shaun,
I believe you can add some source code to your form to change the format of the currency and date depending on the country.
Regards,
Renan -
Hi All,
In my company, we are already processing Domestic Vendor Payments (USA) using ACH payment. We send EDI 820 to bank.
Our company requirement is to process Foreign Vendor Payments also using ACH Payment.
Could any one let me know what are the necessary steps i need to focus on to achieve our company's requirement.
1) Configuration part.
2) Vendor Master
3) Exchange Rates
4) What are the changes in EDI 820, which will designate that the payment is made to Foreign Bank.
Thanks
Rajanikanth.I cannot answer all questions but here are some pieces that you need to look at.
In FBZP ("Pmnt methods in company code" option), you need to check the checkboxes 'Foreign business partner allowed' and 'Cust/vendor bank abroad allowed?' for the payment method you want to use. You need to do this in all company codes in which you want to use the payment method for foreign vendor payments.
Assign the payment method in vendor master. You will also have (foreign) bank data in vendor master.
Maintain daily exchange rates in TCURR table (OB08 transaction). -
HI,
we paid a foreign vendor thru check.when we printed out the check ,the amount was messed up, decimal places got displaced, if actual amount was 3,475.00 it printed out as 3.475,00
I know its cuz of country format, cuz vendor belongs to columbia.But if I change the country currency format,the change would be at the clinet level and our other companycodes may get affected.should I change the country currency format or is there any other way to correct it?Thanks
Regards
ShaunThanks Andrew for quick reply, but currency format in the form is comptible with US format, and we run the checks in US$ for these foreign vendors with local vendors, its just these vendors belong to a country other than US in the master record.one simple fix could be to change the country in master record but client dont agree on that.
Regards
Shaun
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