Difference betwn bal in local currcy and account currency

hi all,
can any one explain difference between balance in local curreny and account currency.and to which accounts we have to select

Account currecny: Consider this example: You have defined your company code in India and the currency will be in that case INR. So the account currency by default is INR. In that case for this GL account you can post in all currencies.
You have a foreign currency account say in USD. Then you can define this account currecny as USD. So when you define this account USD, you can post only in USD and not in anyother currency and the system automatically translate into INR.
Balance in local currency:
This indicator is set for clearing accounts you use to clear line items in various currencies with one local currency amount and without posting any exchange rate differences that may occur.
This indicator is set  for the following accounts:
Cash discount clearing accounts
Clearing accounts for goods receipt / invoice receipt

Similar Messages

  • Calculation of difference of wages types master data and accounting cluster

    Hi, I am developing a ABAP HR report for calculating the difference of wage types master data and accounting data and in the output i need to display the fields like
    • Officer in-charge of payroll accounting
    • Officer in-charge of Support
    • Officer in-charge of time recording
    also from where I could get the accounting cluster data for the wage types
    I want to know from where I can get these fields and how ther are related with wage types.

    Check through PA30,there are different infotypes by which these data are maintained in the Employee Master.

  • Difference of wages types master data and accounting cluster data

    Hi, I am developing a ABAP HR report for calculating the difference of wage types master data and accounting data and in the output i need to display the fields like
    • Officer in-charge of payroll accounting
    • Officer in-charge of Support
    • Officer in-charge of time recording
    I want to know from where I can get these fields and how ther are related with wage types.

    Hi Luo
    As per below link
    How to... MDG-M: Use the Data Import Framework | SCN
    The IDoc doesn't support flex entities, as they don't write into active area. Therefore, the DIF can only be used to load reuse entities in staging or active area.

  • Need information regarding local , foreign and document currency

    Hi All,
      I need to know the difference between local, foreign and document currencies.
    Thanks in advance,
    vinay

    Hi,
    Document currency:
    This is the currency set at the POS for the sales documents. If the POS system is not able to send this currency to head office, the POS currency is used as the document currency.
    Local Currency :
    Local Currency - This is, in most cases, the formal currency of the country. In SAP Business One, all the reports displayed in the local currency, and all the foreign currency transactions are translated automatically to local currency. This way, the local currency is the common denominator for all currencies, which enables balance calculation of multi-currency accounts/business partners.
    Foreign Currency: This currency we will talk mostly in the Financial areas
    http://help.sap.com/saphelp_erp2004/helpdata/EN/a6/004940f0030272e10000000a155106/content.htm
    For More detailss:
    http://www50.sap.com/businessmaps/5CE8CE5FA6854AC984502823ACC3AA62.htm
    Difference In Currency :
    http://www.sap-img.com/financial/explain-the-difference-in-currency.htm
    Regards
    Ram.
    Edited by: Ramakanth Deepak Gandepalli on Dec 9, 2009 11:52 AM

  • Diff between FSS0-"bal in local curr" and OBY6- no forex dif when clear in

    I want to know the difference between the setting FSS0-only balances in local currency and the OBY6 - no forex rate difference when clearing in local currency.
    I tried to fined the differnce by furfing on the internet and also by F1 help from SAP.  The examples which were provided are not clear to me and any body explain with a simple example.
    I want to know
    1. difference between the two settings
    2.under what circumstances these setting need to be applied, with an example

    HI Anil,
    Please refer the below points.
    1. FS00- Balance in local currency
    If you set the above indicator then while posting any document with more than one currency then this particular GL account will
    update only local currnecy amounts . (In document this particular Gl account is having only currency and it is local currency).
    GL 2000            1000 DEM       600 USD
    GL 1000                                   600 USD
    2.  OBY6  No forex diff when clearing.
    You have one Invoice with Exchanger rate X
    but clearing exchange rate is Y
    then
    If above indicator is set then while clearing the Invoice (posted with two currency and exchange rate  X)
                            Payment currency            Local currency
    Cash receipt             650                             650
    Clearing of receivable        650                             650
    then system will not consider exchange rates here.
    other wise it will consider the exchange rate Y and it will post like below
                            Payment currency            Local currency
    Cash receipt             650                           650
    Clearing of receivable        550                           650
    Revenue from overpayment      100                           100
    Exchange rate losses       0                          100
    I hope above will clear you  issue.
    Reg
    Madhu M

  • Difference between Invoice Date, GL Date and Accounting Date Oracle AP

    Hello,
    I have a question that might help a lot of people too later.
    I tried to run these queries
    select aia.INVOICE_ID
    from AP_INVOICES_ALL aia, AP_INVOICE_DISTRIBUTIONS_ALL aida
    where aia.INVOICE_ID = aida.INVOICE_ID
    and aia.INVOICE_DATE <> aida.ACCOUNTING_DATE
    select aia.INVOICE_ID
    from AP_INVOICES_ALL aia, AP_INVOICE_DISTRIBUTIONS_ALL aida
    where aia.INVOICE_ID = aida.INVOICE_ID
    and aia.GL_DATE <> aida.ACCOUNTING_DATE
    I can see that there are lot of results for these queries, where the Invoice Date is not equal to the Accounting date and the GL_Date of an invoice is not equal to the accounting date in the distributions table.
    So, what is the difference between these dates.
    And if I had to take the Invoice Accounting document entry date, which date do i have to take for these invoices in AP
    Thanks
    Bob

    Hi
    Let me try to explain this with an example.
    Suppose I buy some stationary from a vendor and he provides me with a detailed invoice of the goods puchased.
    In this case the invoice will always have a date printed on it and this date should ideally be entered in the invoice date at AP_INVOICES_ALL level.
    Now suppose the invoice happens to be received by me in february and for some reason I could not capture the invoice in my books in february and made a provision for the liabilities and close the books.
    However in march i want to book the invoice say on 10th of march in my books and pay the vendor the amount payable.(I Have to reverse the already provided liability in march to reverse the accounting effect).
    In this case my book entry date of invoice is the accounting date i.e. 10 March.
    In case of oracle, the accounting is maintained so that the invoice header hits the liability account while the invoice distribution hits the charge account(expense account so to say). And to gain more flexibility oracle provides date in both header and distributions to provide an option of booking liability and charge on different dates..
    As per the 11i checks there is no check on any of these dates except that accounting date at header and ditribution level must be in an open AP and GL period.
    Thanks
    MAV.

  • No difference between using a local variable and a notifier in timed parallel loops?

    The example code "Pass Data With Notifiers.vi" that came with LV 7.1 illustrates using notifiers with parallel loops.  Just looking at two of the loops, the one that generates the sine wave and the one for "User 1", you can change the timing of the two loops and you can change the condition of the "Ignore Previous" status on the "Wait on Notification".  I have a special case of this to consider, where I'm wondering if there's any reason not to use a local variable instead of the notifier:
    Set the delay on the generator portion (which contains the Send Notification) to something very short, say 5 ms.  Set the delay on the User 1 (which contains the Wait on Notification) to something relatively longer, say 200 ms.  Set the Wait on Notification to False.  Now you have a situation where the User 1 loop action is contingent only upon the loop delay time, since each time the loop timer runs the loop there will always be a value in the notifier.  In this case it seems to behave just like the case where you update a local variable in the fast loop and read it in the slow one.
    Is my understanding correct?  Would there be a performance difference between the two methods?  What do you prefer in this situation and why?
    Thanks,
    Hosehead

    Hi H.,
    I think your idea is to write to a Global Variable in the data-producer VI, and read it in the data-consumer VI(?)
    One reason this might be less efficient than using Notifiers is if you want to graph every new value in the "consumer" - or make sure the value read in the consumer has changed at least once since the last loop.
    > since each time the [consumer] loop timer runs the loop there will always be a value in the notifier...
    > Would there be a performance difference between the two methods? 
    If you don't use the Notification "event" to synchronize the producer and consumer, then to be sure the consumer gets a new vaue, you've made the producer loop faster - every 5 ms - a waste of cpu-cycles.  More often the situation is reversed, that is, there's a consumer that needs to see every single new value, and (without events) the consumer must loop faster than the producer (to catch every new value) - this is called polling and it wastes cpu-cycles.
    Just about anytime one's tempted to make a loop execute "fast" to check on some value (or to make sure there's a fresh value,) there's an opportunity to improve performance through synchronization with events (including notifiers, queues, occurrances, semaphores, and rendezvous')
    tbd
    Message Edited by tbd on 07-09-2006 03:51 AM
    "Inside every large program is a small program struggling to get out." (attributed to Tony Hoare)

  • Local, Document and Third Currency Driven Amount?

    Guys, in the presentation and RPD layer, i see local, document amounts for just about every Fin Analytics subject area.
    What if the we want to have a "reporting" currency in EURO (example only). How do we expose that column into presentation layer?
    I see no "Global" column in the RPD except the following:
    Global Currency Code --> Currency Attributes
    Balance Global1 Amount --> Facts - GL Balance
    What about something like "Global Amount" which show data in EURO.
    Thanks for any pointers.

    HI,
    The currency codes for the GLOBAL currencies are set in DAC configuration. See section "3.1.2 How to OCnfigure Global Currencies" in the "Oracle® Business Intelligence Applications Configuration Guide for Informatica PowerCenter Users Version 7.9.6.1 " manual if you are on 7.9.6.1 or 2 or the same section in the 7.9.6.3 version of the manual if that is appropriate.
    This goes through how to set your Global Currencies so they are populated correctly in the datawarehouse.
    For example if you set Global1 to be EUR then your Balance Global1 Amount --> Facts - GL Balance presentation column will be in EUR.
    Alos in ither financial SA's the GLOBAL1 amount is used as the amount e.g. AP Amount -> Facts AP Transactions. If you look at the Logical source for this it's computed from the GLOBAL1 columns.
    Hope this helps.

  • Urgent : OBIA - Handling multiple Global, Local and Document Currencies

    All,
    I need input on how to configure multiple currency codes in DAC for OBIA 7.9.6.x
    My client's business goes around the the world and with multiple local currencies.They also need reporting currency to be multiple like in Euro, USD etc.
    I went through a couple of threads in this forum,like -
    Re: Configuring Global Currencies in BI Apps 7.9.6 for EBS 11.5.10 Source
    Re: How we are using Global, Local and Document Currencies  in DAC.
    But I have some confusion regarding the configuration of DAC's 3 Global currency codes.
    In order to fulfill my requirement - should I add additional codes in DAC?
    Basically How am I supposed to handle multiple Local,Document and Global currencies? And then possible changes in rpd/reports required also?
    Regards,
    Krish

    Currencies are discussed in the Setup and Configuration Guide here:
    7.1.1.2 How to Configure Global Currencies
    To configure the global currencies you want to report in your warehouse:
    In the DAC Client, display the Design view.
    For more information about logging into the DAC, see Section A.1, "How to Log Into the DAC Client".
    Select a container from the drop down list to the right of the Execute button.
    Display the 'Source System Parameters' tab.
    Locate the following parameters and set the currency code values for them in the 'Value' box:
    $$GLOBAL1_CURR_CODE (for the document currency).
    $$GLOBAL2_CURR_CODE (for the local currency).
    $$GLOBAL3_CURR_CODE (for the global currency).
    Make sure that you spell the currencies as they are spelled in your source OLTP system.
    Save your changes.
    As far as for PLP items, those are Post Load Processing elements that perform cleanup tasks after the Base Warehouse tables have been loaded. They should never be modified and frankly run without any issues provided the rest of the plan executes properly. Do you have a specific quesiton about a PLP?

  • How we are using Global, Local and Document Currencies  in DAC.

    Hi All,
    How we can configure Local,Global and Document currencies for GL Load.
    and where we can use these parameters in informatica.
    What does stand for PLP and what is logic behind PLP.
    Thanks in advance
    Thanks,
    Bhavik

    Currencies are discussed in the Setup and Configuration Guide here:
    7.1.1.2 How to Configure Global Currencies
    To configure the global currencies you want to report in your warehouse:
    In the DAC Client, display the Design view.
    For more information about logging into the DAC, see Section A.1, "How to Log Into the DAC Client".
    Select a container from the drop down list to the right of the Execute button.
    Display the 'Source System Parameters' tab.
    Locate the following parameters and set the currency code values for them in the 'Value' box:
    $$GLOBAL1_CURR_CODE (for the document currency).
    $$GLOBAL2_CURR_CODE (for the local currency).
    $$GLOBAL3_CURR_CODE (for the global currency).
    Make sure that you spell the currencies as they are spelled in your source OLTP system.
    Save your changes.
    As far as for PLP items, those are Post Load Processing elements that perform cleanup tasks after the Base Warehouse tables have been loaded. They should never be modified and frankly run without any issues provided the rest of the plan executes properly. Do you have a specific quesiton about a PLP?

  • Accounting Currency

    Hi,
    In PRRW travel expense posting, only company code currency is getting posted. For an international trip, i want both the document currency and accounting currency to get posted. That is, if an employee spends in INR and his company code currency is MYR, i want both the currency value to visible in posting. INR as document currency and MYR as accounting currency.
    Do we have some customizing settings for make this possible?? If not how to go about it??
    Best Regards,
    Raj

    Hi,
    In Define Global Settings, select the settlement of Foriegn Currency Reciepts as below
    1. Choose between Trip Currency  and Hard Currency Receipts
    Reimbursement of foreign currency receipts per receipt in trip currency or hard currency. For each foreign currency receipt or advance, you can choose the trip or hard currency as accounting currency.
    2. Choose Foriegn Currency Receipt
    Reimbursement of foreign currency receipts per receipt in any foreign currency. For each foreign currency receipt or advance you can choose either the trip currency, hard currency or a foreign currency of your choice as the accounting currency.
    While posting the expenses you can choose either the Company Code Currency/Trip Currency/Foreign Currency.
    Hope this helps.
    Regards,
    S.Srikanth

  • Difference between local amount and document amount in the same currency

    Dear All,
    Why different between local amount and document amount with the same currency in some FI document line items? Both currency is 'TWD' and update currecy(BSEG-PSWSL) is 'USD'.
    What is the purpose of update currency(BSEG-PSWSL) and update amount(BSEG-PSWBT) ?
    Does update curreny cause the difference mentioned above?
    Thanks all in advance.
    Best regards,
    SAP user

    Dear Sir,
    Thanks for your kindly response!
    These fields of the FI document header are following:
    Local currency 1(BKPF-HWAER) : TWD
    Local currency 2(BKPF-HWAE2) : null
    Local currency 3(BKPF-HWAE3) : null
    Document currency (BKPF-WAERS) : TWD
    Transcation currency means which field ?
    Transaction code (BKPF-TCODE) : FB1S
    The line items as following :
    Itm PK Account    Account  short text   Amount
    1   40   21302500  A/E-Maintenance     1,119,350
    2   50   21302500  A/E-Maintenance     1,119,350-
    Amount in document currency is 1,119,350(TWD) but amount in local currency is 1,087,998(TWD).
    The line item's additional data :
    Amount for Updating in General Ledger : 33,894.02(USD)
    Thanks a lot !!
    Best regards,
    SAP user

  • Difference in the Balance between FS10N and Customer Balances in Local Curr

    Hi,
    When i am trying to match the Balances between FS10N and Customer Balances in Local Currency for the Period 8, we are getting the difference, The reconcilliaton Account was changed on 30.08.2010.
    Please help Us in tracing the differences between FS10N and Customer Balances in Local Currency.
    What could be the possible reasons for the differences..
    Thanks

    Hi Varshani,
    Please use the program/report SAPF070 to compare or reconcile your AR with GL balances. You can use SAPF071 to correct any inconsistencies. Provided below documentation for these programs.
    SAPF070  - Compare Documents and Account Transaction Figures
    Description
    This program compares debit and credit transaction figures in customer, vendor, and G/L accounts with the debit and credit totals from documents posted in the corresponding posting period (accounting reconciliation). The sales totals are also compared for customer and vendor accounts. There is no separate comparison for special G/L transactions.
    A comparison for G/L accounts can be made in company code currency and in parallel currencies (such as group currency). A comparison for customer and vendor accounts can only be made in company code currency.
    After the program has finished, a message is issued to the user that started the program. This message summarizes the results of the reconciliation.
    Output
    The program compares the totals of an account on a periodic basis. If the debit and credit total differs between account and documents, the account is printed with the debit and credit totals and the difference.
    Differences in G/L accounts are shown per transaction currency. The first line shows the amount in local currency, the second line shows the amounts in transaction currency.
    If a document which falls within the selection range is posted during the program run, the program is terminated since a reliable result can no longer be delivered.
    SAPF071 - Adjust Balances after Comparing Documents/Transaction Figures
    Description
    If a financial accounting comparative analysis (SAPF190) or a comparison of documents and transaction figures (SAPF070) shows that there are differences between documents and transaction figures, you can use this program to make an adjustment. The documents form the basis for this adjustment. The program adjusts the (redundant) transaction figures, which are only totals of amounts from documents.
    Requirements
    All of the following listed requirements must be fulfilled:
    1. A financial accounting comparative analysis (SAPF190) or a comparison of documents and transaction figures (SAPF070) must be made, and differences must be found between documents and transaction figures.
    2. There must not be any inconsistent documents found. These are listed in both SAPF070 and SAPF190 as well as in this program.
    3. There cannot be any problems in the other modules. Caution: You have to check this yourself. Financial Accounting may be correct but the other modules may not be, and this will adversely affect the program run.
    4. You can only make the adjustment in the ledgers which are compared by program SAPF070. This is ledger 00 or a user-defined ledger for all parallel local currencies except the group currency. (The program displays these ledgers). You have to adjust any additional ledgers as well as average balance ledgers yourself.
    5. No documents during the period in which you are adjusting transaction figures can be archived. Caution: You must ensure that these documents are not archived by establishing appropriate organizational rules and procedures.
    Only use this program after consulting with SAP or after checking the prerequisites thoroughly.
    You should adjust all differences together for a single company code. By setting the program parameters you can limit the adjustment to G/L currency types or to balances in subledgers.
    It is advisable to execute a test run first, which will list any differences that are found.
    Further notes - Authorizations
    Repair program authorization group (F_005)
    Company code authorization         (F_BKPF_BUK)
    Thanks
    Venkata Ganesh Perumalla
    Edited by: Venkata Ganesh Perumalla on Sep 28, 2010 1:30 PM

  • Unable to clear GL due to Val difference between Local and group currency.

    hi,
    We have an open item managed Revaluation G/L account in our company code which has a local currency USD.There are some documents posted to this account in both USD and CAD. But when we analyze the docs posted in CAD we found a valuation difference in the local currency(USD) and the Group currency(again USD). I am not sure of the reason for this. But due to this difference we are unable to clear this account. Please let me know if anyone can think of how to clear this particular GL account.
    Rgds,
    Raj/
    Edited by: raj3875 on Oct 8, 2009 11:37 PM

    We have an issue even with document currency in USD. there is a valuation difference between Local currency (USD) and Group currency (USD).
    For example:
    Doc currency = 0 USD
    Local Currrency = 171,000 USD
    Group currency  = 0 USD
    Because of this I am not able to clear the account. Not sure why there is a difference inspite of the same currency. I try to clear it in F-04 but I get the below error:
    Posting is only possible with a zero balance; correct document
    Message no. F5060
    Regards,
    Raj

  • What is difference between local variable and property node ?

    What is difference between local variable and property node ?
    " 一天到晚游泳的鱼"
    [email protected]
    我的个人网站：LabVIEW——北方客栈 http://www.labview365.com
    欢迎加入《LabVIEW编程思想》组——http://decibel.ni.com/content/groups/thinking-in-labview

    To make things clear, here are two small examples that show how nasty locals and value properties can be to the naive programmer.
    - Open the diagram of the race condition.vi before running it and try to predict what will be the values of the two counters after the third run.
    - Use the Compare Locals Properties and Wires.vi to find out how slow locals and value properties can be (times 1000+).
    This being demonstrated, I must add that I use globals and value properties quite often, because they are often very convenient
    Chilly Charly    (aka CC)
             E-List Master - Kudos glutton - Press the yellow button on the left...        
    Attachments:
    Race condition.vi ‏9 KB
    Compare Locals Properties and Wires.vi ‏18 KB

Maybe you are looking for