Foreign Currency Revaluation Posting and Reversal

Hi any one give a fix for the below issue.
We have done foreign currency valuation Posting in the month end through F.05.Unfortunatley the reversal posting is not happening on the first day of the next month.Anyone tell me what will be the error and fix for not getting reverse posting,
Thanks in Advance.

Hi..Check the all parameters in F.05
Check with SAPF100 with flag 'Balance sheet preparation valuation' active. The value difference shows the amount
saved in BSEG-BDIFF Field. This field is only updated by SAPF100 when the flag 'Balance sheet preparation valuation' is activated.
For open items, the fundamental distinction, whether you set the 'Bal.sheet preparation valuatn' indicator (POST_UPD) or not, is very important.
Please note that this is the expected system behaviour after running SAPF100 with "Bal sheet preparation" set, if SAPF100 is run with "balance sheet prep" flag, the system does create a valuation document only, but no reversal document. And then field BDIFF is updated on open items.
Even if you reverse the valuation documents manually, the valuation difference (field BSEG-BDIFF) in the document is not changed.
Please also refer to the attached note 87538 and 545032 regarding information on the posting run and when postings are reversed and when they are not.This note also gives more information on the difference in behaviour between selecting the "balancesheet preparation" flag and not selecting it,
I hope you will get idea
Regards
vamsi

Similar Messages

Foreign currency revaluation posting.

Hi Friends,
I have processed Foreign currency revaluation through F.05 and got a report onscreen showing without errors.
When i am looking in SM35 for batchinput monitoring error log and looking for G/L codes the postings work for G/L codes only but not specific Balancesheet control account.
Can you please give me your valuable answers.
Regards,
Baltha

Hi
I have not understood your question clearly.
The message shows clearly processed without errors.
The log will show doc nos. Please see the document posted - will show the accounts posted.
Revaluation of FC of vendor and customer will get posted only to GL accounts - and not sub-ledgers.
By seeing the Exch Loss/Gain- Unrealised - you will get these doc also- as per the posting dates.
These docs are special docs - where only co code currency will get posted (DMBTR) and no doc currency.
In all other docs both currencies will get populated eventhough it is same.
hope this will help you a little

Does Foreign Currency Revaluation Post to an Account which is Open Item Man

Hi,
When running the FC revaluation, it is not posting to an account which is Open Item managed.
I have read somewhere that FC Reval. does not post to accounts which are OI managed or the Recon accounts.
Is this correct? If yes, what are the option for posting to an account which is OI managed?

Hello Deepak,
In FAGL_FC_VAL,the flag of revferse postings is only for "G/L account Balance valuation", not for open line items account(OPLA). and addition. and for OPLA, the system was desiged to post reversal document Auto.
In case in your countries you are not allowed to reverse year-end foreign
currency valuation postings in the following year, pls. using the Delta Logic Foreign Currency Valuation, for the details pls. refer to note:960661.
Hope the above informations are useful to you!
Best Regards,
Gladys xing

Issue with Posting Date in F.05 - Foreign Currency Revaluation

Hi All,
We have a problem with the US-GAAP Foreign currency revaluation run which we're doing every month.
Although the posting date is entered correctly (for this month as 30.09.2011), the postings that are created have the posting date of 31.07.2011. But the reversal date is right (01.10.2011).
Could you please explain why wrong date is appearing.
Thanks IN Advance
Regards,
Payal Saxena

Hi,
Have you scheduled any batch job to carry out the Foreign Currency Valuation? If yes, then check the variant which has been created for the program. There the posting date might have been entered as 31.07.2011. Dynamic date calculation must be maintained for the posting date.
Thanks,
Aman

Re-run Foreign Currency Revaluation

Hi,
Hope somebody can help me with my problem.
I performed F.05 transaction and upon saving the report in our shared drive I encountered problem causing to lost of the report.
Question, is there any way to retrieve the report? Please adivise.
Thanks in advance.

Hi,
You can still use t-code F.05 to get back the report, as long as leaves the indicators of "Create posting" and "Reverse posting" blank, then execute the report again, you will get the report of foreign currency revaluation back.
Good luck
Tao

Report for foreign currency revaluation - FAGL_FC_VAL

Hello Experts,
I have executed FAL_FC_VAL - Foreign Currency Revaluation Program. System posted some accounting entry for the same. However, I want to know how system calculated and for which invoices it calculated.
For this I want a report from SAP, for foreign currency revaluation. Please let me know the TCode for the report.
I can see some output on screen, showing calculation, during test run. But it does not get saved anywhere.
Please help

Hello Ms Meena,
You can achieve to have this if you are in ECC 6.0 by activating the Logs to be stored.
This can be done via FAGL_FC_VAL & go to the last tab as below.
Precondition : Make sure before user run the revaluation they click on both tick mark.
Click on Logs
give the date when they it is run & execute
Select the log
Here you can select your fields like vendor name/customer name/GL account Name.
I would strongly suggest to create a variant by yourself & save & then ask the user to change the date to revaluation everymonth.
Many thanks
PB

Foreign Currency Revaluation

Dear Consultants,
We have maintain the Exchange rate in C and V for the customer and Vendor
respectively.
In fact we had maintained the Exchange rate perfectly for both C and
V in the system.
Some documents are posted with currency type"EUR".
We are in the process of passing Foreign Currency revaluation Entries
for the Open Vendor Items and Open Customer Items for the fiscal year
2006-2007.
Sytem is taking the latest rate maintained in T.code:OB08 for exchange rate type of "EURX"
Any reasons.Please provide solution as early as possible.
Regards,
Kalpana

Dear Kalpana,
When you are doing Foreigh Currency Valuation, System will take the Currency rate which is valid on key date ( the date you enter while running f.05).
If require, let us know.
Regards,
Venkat

Foreign Currency Revaluation of open items in ECC6

Hello,
while running the foreign currency revaluation of GL open items via FAGL_FC_VAL, I notice that open items on our VAT account are revaluated.
the account is flagged for balances in local currency only and open item management.
I am very suprised to see this account popping up in the revaluation. This was not the case in previous releases.
How can I prevent this,
kr
Nico

Hello,
I understand that you DO NOT want to revaluate VAT accounts (which make sense).
Check if those accounts are included on FCR customizing and remove them.
As an additional check exclude them from program's variant and they will not be selected nor revaluated.
My question is how the program revaluates posting on VAT accounts if they are open item managed? Revaluation of open items accounts should need a not open item account in order to post the postings.
Regards

Foreign Currency revaluation in SAP

Hi Friends,
I run the Foreign currency revaluation using FAGL_FC_VAL Transaction code in SAP.
After run the revaluation i go and see the GL Balances but it's not appear any items.But in FAGL_FC_VAL sysyem showing the Document 1800001057 001 2009 already valuated with valuation are YB on 31.03.2010
Can any one help me about this issue.
thanks,
Hani

check the amounts are posted in the LOCAL Currency 2.

JVA Foreign Currency Revaluation

Hi,
We are implementing SAP-JVA for our client with New GL Active (Document Split not active). We wish to do the Foreign Currency Revaluation in JVA instead of FI using T-Code GJ91 (JVA Open Item Foreign Currency Revaluation).
As I understand, for the Unrealized Foreign Gain/Loss posting, the Cost Object that should get posted for the said UXD Loss/Gain Account should be the Original Cost Object (WBS in our case) derived from the expense line item. Hence, the Cost Object may/will vary for each line-item in the Unrealized Foreign Gain/Loss account. But the system is not picking the expense line Original Cost Object (WBS) inspite of maintaining the configurations and assignments in GJ56 for Exchange Difference Account, GJBA for assigning the respective UXD Loss/Gain and Balance Sheet Adjustment Account. Instead, while executing the Foreign Revaluation for Open Items in JVA, the system gives an Error saying that Cost Object is required for the UXD Loss/Gain Account as it is a Cost Element. When we maintain the OKB9 Default Account Assignment (Cost Center) for the Unrealized Foreign Gain/Loss account, then the Error is not there but the Cost Object is the one maintained in OKB9. Ideally it should be the Cost Object of the expense line item.
However, if I create the Unrealized Exchange Loss/Gain Accounts without Cost Element (example 6210720-Loss and 6110820-Gain), and assign the respective settings in GJ56 with Cost Element GL (6210710-Loss and 6110810-Gain), I still cannot post the UXD since the Program picks T8JK-COSTS which has GL Accounts with Cost Element and thus requires a Cost Object. The Balance Sheet Adjustment Account is though picked from T030H-LKORR in all cases.
We have implemented the SAP Note 998431 to enable GJ91 posting in New GL. I can see many other SAP Notes on the related issue but am not sure on which is the aappropriate note to be applied, if any.
We wish to process GJ91, GJNO and GJ90 in JVA in respect to Foreign Currency Revaluation. We wish to get the postings to Original Cost Object for all Exchange Difference related postings. Kindly suggest and recommend the relevant procedure and appropriate guidance to get things working.
Kindly revert back if you need any further clarification or information.

Hi Amit Agarwal,
I have a situation now, very similar as yours.
We wish to get the postings from IVA to Original Cost Objects at JVA.
Now the system brings just one Cost Object for IVA and all the other lines are without cost object splliting.
We really need the split and we are with New GL.
Could you help us?
Thanks a lot for your help.
Dante Souza

F.05 foreign currency revaluation

Hi All,
Please any body suggest me how the foreign currency revaluation works.
Once we run F.05 transaction means what it will do and which items it will pick and where it will post, and what is the realised gain and unrealised gain vice versa loss.
And why the tcode fb1s and what it will do.
I have one item there is no value in document currency and there is value in local currency2. due to this item there is a inconsistancy balance in F.08 GL balances, how can i correct it.
For knowing the above things please any body explain the process of foreign currency revaluation f.05. And appreciate if suggest the answer for the above issue.
Thanks in advance
Nandha

Hi Expert,
Please any body suggest me how the foreign currency revaluation works.
This link will explain foreign currency revaluation works.
http://help.sap.com/saphelp_erp60_sp/helpdata/en/91/5ac4402418742ae10000000a155106/content.htm
http://help.sap.com/saphelp_dimp50/helpdata/en/a6/004940f0030272e10000000a155106/content.htm
Once we run F.05 transaction means what it will do and which items it will pick and where it will post, and what is the realised gain and unrealised gain vice versa loss.
http://help.sap.com/saphelp_46c/helpdata/en/a1/61b60c142b11d3a6710060087d1f3b/content.htm
And why the tcode fb1s and what it will do.
u2022 This transaction is used to clear open item managed general ledger accounts.
A similar transaction exists for customer and vendor account clearing.
u2022 If you have numerous items to clear, and prefer to deselect those that should not be included in the clearing document,
click and deselect Selected items initially inactive checkbox.
The transaction will then start with all items active (i.e. selected for clearing).
u2022 You can clear multiple items in one posting. The only requirement is that the sum of debits and credits equals zero, meaning the clearing document is balanced.
Field Description Tables
The R/O/C column of each Field Description table indicates whether the field usage is:
R - Required in SAP.
O - Optional in SAP.
C - Conditional in SAP.
Procedure
1. Double-click on Clear Open Items to go to the Clear G/L Account: Header Data screen.
2. Complete/review the following fields:
u2022 Account
u2022 Clearing date
3. Perform one of the following:
If Go To
You wish to specify a selection value range by selecting the options in the Additonal selections panel.
For example, you may only wish to review items which have posted in the previous month.
4. Select the radio button for the option for the open item filter you wish to enter, in our example Posting date.
Clear G/L Account: Enter selection criteria
5. As required, complete the following fields:
u2022 Posting date from
u2022 Posting date to
6. Click to go to the Clear G/L Account: Process open items screen.
7. Double click on the amount of the first open item in the GBP Gross column that you wish to clear.
The system will activate the line you have chosen, and the amount in the Assigned field in the Editing status panel will reflect all activated items. If the system shows a balance in the Not assigned field, then your clearing document is not in balance.
8. Select an offsetting item by clicking on the amount in the appropriate line.
Both items will now display as active, and the Not assigned field will show zero, indicating your clearing document is in balance and can be posted.
9. Click to post your document.
The system displays the message, "Document xxxx was posted in company code xxxx".
I have one item there is no value in document currency and there is value in local currency2. due to this item there is a in-consistency balance in F.08 GL balances, how can i correct it.
In the below link, Burak Uygur explained about the Foreign Currency Valuation
F.05 foreign currency valuation
For knowing the above things please any body explain the process of foreign currency revaluation f.05. And appreciate if suggest the answer for the above issue.
This link will explain the process of foreign currency revaluation..
http://help.sap.com/saphelp_erp60_sp/helpdata/en/91/5ac4402418742ae10000000a155106/content.htm
Regards,
GK
SAP

Foreign Currency Revaluation concept

HI experts,
I am an MM Consultant, I would like to know the concept behind Foreign Currency Revaluation, I want to know the process in depth with concept wise and configuration wise.
good reply will be rewarded.
Thanks in advance.

Hi,
i am valuating my vendor open item balances. My scenario is like
Balance of Acer Limited on 10 April 2014 amount USD 1000 @ Rs 65/- = Rs 65000/-
    On Month End (30 April 2014) one usd = INR 70 in that case below entry
     Unrealized Exchange Gain Debit Rs 5000/- (USD 1000X5) (Expense A/C)
     Acer Limited Credit RS 5000                                                      (Vendor A/C0
Is there any chance to post such type of entries using this functionality
Regards
vasu

Foreign Currency Revaluation Configuration

Dear Expert,
How to configure OBA1 Foreign currency revaluation. please expline KDB and KDF,
Which GLs will assign in Exch. Rate Diff. using Exch. Rate Key (KDB) and Exchange Rate Dif.: Open Items/GL Acct KDF. please explain .
Regards
Jhaanu

Dear Jhaanu,
Please fallow below Details and see step by step. it should help full for you..
Purpose
This wiki provides a demonstration of valuation of Open Items In Foreign Currencies
Overview
From the help.sap.com documentation the following is stated
Valuation of Open Items in Foreign Currencies.
Use
All open items in foreign currency are valuated as part of the foreign currency valuation:
The individual open items of an account in foreign currency form the basis of the valuation, that is, every open item of an account in foreign currency is valuated individually.
Example of open items are customers, Vendors, or GL accounts managed on open item basis (SKB1-XOPVW = X)
The total difference from all the open items in an account is posted to a financial statement adjustment account. The account therefore retains its original balance.
The exchange rate profit or loss from the valuation is posted to a separate expense or revenue account for exchange rate differences as an offsetting posting.
A valuation cannot be made by posting to the payables/receivalbes account, since reconcilation accounts cannot be directly posted to.
For this reason the amount is posted to an adjustment account, which appears in the same line of the balance sheet as the reconcilation account
Step 1 - General customizing
Local currency of company EUR -
Implementation Guide: Financial accounting (New) -> Financial accounting global settings (New) -> global Parameters for company code - Transaction code OBY6
Exchange rate 1 USD = 1,7 EUR
Implementation Guide: SAP NetWeaver -> General settings -> Currencies (check all settings) -> Enter Exchange rates (Transaction code OB08)
Step 2 - Create Invoice
SAP Easy Access -> Accounting -> Financial accounting -> Accounts payable -> Document entry -> FB60 Invoice
Post document
Display document posted via FB03
Change in exchange rate occurs 1 USD now equals 1,63 EUR
SAP Easy Access Screen choose -> Accounting -> Financial Accounting -> Accounts Payable -> Accounting -> FBL1N -Display/Change Line items
Step 3 - Review of Foreign Currency Valuation customizing
Prior to performing a foreign currency valuation review of customizing:
Implementation Guide:Finanical Accounting (New) -> General Ledger Accounting (New) -> Periodic Processing -> Valuate
Define Valuation Methods
Define valuation Areas
Define Accounting Principles
Check Assignment of Accounting princples to ledger Group
*required if you have more than one ledger
Perpare Automatic Postings for Foreign Currency Valuation
Select Transaction KDF, enter Chart of Accounts
The Target Accounts for KDB/KDF can also be defined per valuation area
Account Determination per Valuation Area
Step 4 - Perform Foreign Currency Valuation
To perform a foreign currency valuation, from the SAP Easy Access Screen, choose Accounting -> Financial Accounting ->
General ledger/Accounts Receivable/Accounts Payalbe -> Periodic processing -> Closing -> Valuate -> Foreign Currency Valuation (New)
Transaction FAGL_FC_VAL (Program FAGL_FC_VALUATION)
Execute
Click on Postings button
To create valuation documents create postings must be ticked on, if you execute without create postings ticked, this means that program is run in test mode.
If there are errors when posting, a batch input session is created (transaction SM35)
Update run is saved in table FAGL_BSBW_HISTRY
Best Regards,
Krish.

Foreign Currency - Revaluation / Translation

Hi:
I wanted to discuss and understand the best practice for foreign currency revaluation and translation routine.
This is how we do and configured the revaluation / translation routine:
Valuation Area:
SG for revaluation - Currency Type 10 (Local)
S2 for translation - Currency Type 30 (Group)
Valuation Method: EVR (Always Valuate)
In the ledger currencies for 30, "Translation taking transaction currency as a basis".
Plus other coniguration for account determination (both revaluation and translation). - OBA1 and "Define Account detemination for currency translation".
Based on this configuration, we run following transactions at month end:
Revaluation: FAGL_FC_VAL using S2
Translation: FAGL_FC_TRANS using SG
So what it does is, it revalue document currency into local currency and then translate document currency into group currency.
Ideally, what should be as per GAAP is: Revalue document currency into local currency and then translate local currency into group currency.
In our configuration, we are not able to translate out of local books. The configuration translates from document currency to group currency.
Are we missing anything in the configuration or this is standard? What is the best practice or how other companies are running the revaluation/translation routine?
Scenario is:
Document Currency: AUD
Local Currency: GBP
Group Currency: USD
Please advise.
Thanks.
Rahul

As per US GAAP, FASB 52 -
Step (1):-
Re-measurement - Revalue all the balance sheet accounts/open items with 'Document currency' other than 'Local currency' based on spot rate and post this difference to a P&L account (Unrealized Exchange Gain/Loss Account) in 'Local currency'. Do not impact the 'Group currency' here.
Step (2):-
B/S Translation - Revalue all balance sheet accounts from 'Local currency' to 'Group currency' based on the spot rate and post the difference to Cumulative Translation Adjustment account (CTA) in 'Group currency' only. CTA is balance sheet account.
Step (3):-
Unrealized Exchange Gain/Loss Translation - Revaluate the P&L account that's been used in step(1) for exchange differences, from 'Local currency' to 'Group currency' based on spot rate and post the difference to Cumulative Translation Adjustment account (CTA) in 'Group currency' only.
Notes:-
1) Equity and retained earning accounts are never revaluated.
2) CTA account is grouped together with Equity accounts in reporting.
Regards,
Ganesh

Question on Foreign Currency Revaluation

Can anyone help me to clear this question.
Do i need to do GVTR or F.16 (Balance carryforward) for new fiscal year before perform the foreign currency revaluation for a GL account? We are using account balance method (not open item).
The reason i asking this question is because when i do the foreign currency revaluation (tcode:F.05) for a GL account on the first day of the new fiscal year (revaluation key date = first day of new fiscal year,let say '01/07/2007'), the system show 'List contains no data'. However, when change the revaluation key date = last day of current fiscal year (30/06/2007), the system is able to display the relevant data.
Thanks in advance.
CH Wong

Hi Sachin,
the question is in fact how can we tie back the postings to the original documents:
e.g. I have 1 custumer invoice. Document number 1 which through document split has received 2 profit centers.
On the first screen 1 get 1 line:
                                            original FX rate          reval FX rate
document 1 : 100 USD        ,75          75 EUR       ,80     80 EUR       5 EUR exchange rate difference to be posted
If I click on the postings button I see :
debit FX differences    3 EUR profit center 1
credit FX gain               3 EUR profit center 1
debit FX differences    2 EUR profit center 2
credit FX gain               2 EUR profit center 2
We are searching for a list that replaces the first list and looks like:
                                                                     original FX rate          reval FX rate
document 1 : profit center 1 60 USD        ,75          45 EUR       ,80     48 EUR       3 EUR exchange rate difference to be posted
document 1 : profit center 2 40 USD        ,75          30 EUR       ,80     32 EUR       2 EUR exchange rate difference to be posted
Thanks in advance for your answer.
Best regards
Sven

Foreign Currency Revaluation Posting and Reversal

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