Gain Revaluation Account in MIR

Hi,
Gain Revaluation account is hitting in MIRO, for material having moving price.
I could not able to find the right reason for this, one thing i observed is, in PO for this material their is change in quantity has took place and half GRN has been made.It will be of great help if any one provide the reason for this

Hi,
Even MAP controlled materials sometimes cannot post variances direct to the stock account. This normally happens because there is not enough stock to post the variance to. For example if a GR of 20 items takes place at 10 USD, 200 USD will be posted to the stock account. If the invoice comes in for 20 USD and additional 200 USD will be posted to the stock account to correct the values. BUT if the 20 items have been used or written off the invoice verification cannot post the 200 USD to the stock account because there would be a value of 200 USD and no qty. In this situation variances for MAPs are written to the appropriate price variance (or gains / losses due to revaluation) accounts instead of the stock account.
this may have happened in this case (a price variance or exchange rate variance plus or minus).
Steve B

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Valuation gain/loss account for gl,customers and vendors

How to find out valuation gain/loss account for all the GL account/Vendor/customer in client.
Edited by: ficorsr on Dec 6, 2011 3:36 AM

dear you asking for foreign currency valuation:
this is used to valuate the accounts which maintain currencies other than the company code currency. like vendors, customers g/l accounts etc.
for the process follow below:
>>>define account principle
fin accounting global settings->parallel accounting>
>>>assigning account principal to ledger group
define valuation method:
Financial accounting (new)- General ledger accounting (new)-Periodic processing u2013 Valuate- Define valuation methods
define valuation area:
same path you will get it
prepare automatic posting for foreign currency revaluation:
OBA1
Financial accounting (new)- Financial accounting Global settings (new) u2013 Ledger-Define ledger group
maintain accounts in KDB AND KDF
KEEP POSTED
REGARDS
ROHIT

Revaluation account

HI all,
my client requirement is Revaluation accounts should include IC, cash on hand & AP for Euro Automate AP revaluation calculation.
we define the reconciliaiton account for creditors or debitors at OBA1., but
1) where do we define the loss, gain and b/s adjustment for cash on hand and IC accounts.,??
2) what is IC stands for ?

Hi,
you define all GL accounts with FS00
you define with OBA1 for each open item managed GL account the FC gain and loss and balance sehhe adjustment accounts.
IC stands for inter company.
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Asset Revaluation: Depreciation calculation not hiting revaluation accounts

Dear All,
I have to revaluate assets. I have done the configuration as follows:
1. Assignment of Balance sheet and Depreciation accounts for revaluation.
2. Configured depreciation key so that it will calculate the depreciation on the replacement values.
3. Selected 'check box' for 'Post Revaluation' in posting rules for my company code.
4. Defined the depreciation area for posting of acquisition and production cost and depreciation.
5. Selected 'All values allowed' for 'revaluation' in required depreciation area (01).
I am posting the revaluation on the asset through transaction 'AB01', after that in the depreciation posting run an accounting document is getting generated for revaluation on APC. The entry is as follows :-
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This entry is correct as per the revaluation scenario but, no accounts are getting posted which are assigned in 'Account assignment for revaluation on depreciation' i.e.
1. Revaluation accumulated ordinary depreciation a/c.
2. Offsetting account revaluation ordinary depreciation.
System is not postign values on 'revaluation of depreciation' to these accounts. System is posting the depreciation revaluation amounts to normal depreciation accounts i.e.
1. Expenses a/c for ordinary depreciation.
2.Accumulated depreciation account for ordinary depreciation.
The required 'depreciation revaluation' accounts are not getting posted (in any period depreciation run).
Is there any other revaluation configuration that, I am missing here or is there any other way to post to these two 'revaluation on ord. depreciation accounts.' Can anyone shade light on this problem.
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Edited by: Aniruddha B Mahalle on Dec 19, 2011 12:42 PM

Dear Rohit,
Thank you very much for your reply. I followed the same procedure posted by you. While executing AR29, system is giving following error.
Revaluation data does not agree with date of depreciation posting*
Message no. APERB023
Diagnosis
You want to execute the revaluation posting in period 011/2010. This requires that this period was the last period posted by the depreciation posting run. No other period may be posted after that. The posting run for this period is also not allowed to be still outstanding. According to the log table, the last run posted was 009/2011.
The asset value date of the asset is 01.04.2011 and have to revaluate this asset in current posting perid (9). The fiscal year is from 'Aprl-Mar.
Could you please let me know the following things:
1. Is it necessay to select the checkbox for 'Post automatically' in the offsetting accounts.
2. I have created one transaction type 'Z80', it has an account assignment as 'Debit transction'. The posting type options selected in this transaction type are as follows
a. Post gross --> Yes
b. Do not post to affiliated company --> Yes
3. I should use the same transaction type/configure a new one or use any other std. transaction type in 'AR29'?
4. Is it the case that system takes current date as posting /revaluation date in transaction AR29, because from the error it seems that it is considering the curent date.
5. Which options from the 'control data for posting' should be selected from ' New valuation of an asset' tab page of 'AR29?
a.With depreciation write back.
b. W/out Dep. write vback
6. If i change the inputes in AR29 transaction, system is giving the following error:
''No records were selected''
7. What should be the correct inputs in transaction 'AR29'
Please help.
Regards
Aniruddha
Edited by: Aniruddha B Mahalle on Dec 21, 2011 7:12 AM

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Please be more elaborate in your query.
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Hi gurus,
Please tell me that, when system will hit Price Difference Accounts and Revaluation Accounts???
Thank YOu

Hi Gverma
Please note that price difference would happen on the following
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Revaluation Account Assignment

Hi Experts,
In SAP ECC6.0, i got errors when ran depreciation. It said "G/L account 1601000 is a reconciliation account 'A' so it cannot be directly posted". The errors disappeared when i deleted G/L account assignment for "Revaluation Account" in t-code : AO90, folder "Balance sheet account".
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thank you.

Hi,
You must mean SAP 4.6C (there is no 4.7C). The reason for the error in ECC6 and not in 4.6C is that from 4.7 the depreciation was changed from Batch processing to Online Posting and therefore SAP included additional error checks.
In 4.6C you would eventually have gotten the same error message when you tried to process a Batch file that included a posting to that account.
Kind regards

Realised exchange gain (Capex account)

Hello,
We have capital advance in USD and same are cleared in subsequest month.As of now , exchange gain loss account is hit.
We need in this scenario a capex gain loss account to be hit.Have done config in OBA1 for capex advance account but not for vendor reco accocunt because it is common for both revenue & capex.Can only configuring for capex account in OBA1, give desired result.
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HI,
Please use alternate reconciliation account concept.
Regards,
Tejas

Link Recon to Revaluation account

Hi Experts,
we are with a project with some developments.....
if we are linking Reconciliation account to Revaluation account , does it will affect to any of the developments.....?
Thanks in advance
Alex

Hello Alex,
What I understand is that your client needs a separate account for revaluation and wants to reconcile the result. In that case you can define a GL account in OBYC / UMB. A better idea would be to create a cost element for this GL and link an internal order to the cost element master. When your client would require material wise details for the revaluation account he can refer to the internal order report.
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GR/IR Revaluation Accounting Entries

I need the related accounting entries for eg. I assume at goods receipt, the foreign denominated PO would be received and recorded in local currency at the current u201Cspotu201D exchange rate loaded into the system. My questions are:
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Hi,
1) Yes, the GR/IR can be revalued at each period end for changes in the balance sheet rate of foreign denominated items.
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SAP ECC 617
Material ledger activated with activity rate revaluation (i.e. cost center over/under absorption posts to ML and not to production orders)
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For reporting purposes I would like to determine a unique account for the activity rate revaluation entries. There is no relevant general modifier available for transaction key PRV. Is it possible and practical to modify table T169A for a specific value string / field name combination that represents this material ledger transaction? If so, what is the combination? Or will this cause major issues with ML processing?
I'm trying to find a creative way to fill this gap without account substitution.

Hi Eric,
This is an interesting one.
Modifying value string might be an option but in my opinion is quite a serious "brain surgery" on the system :-).
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for version 0, Controlling Area Settings, Settings for Each Fiscal Year in tab Price Calculation there is field Revaluation.
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In reports you can separate postings based on Business transaction.
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I'm not sure if it works for Activity Udate 2 (no revaluation of production orders).
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Revaluation accounting not getting posted

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Hello Sanjeev,
have u assigned the Gl account in AO90 and have u activated the posting for revaluation in depreciation area.

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Hi All
I have to revalue an item in a specific warehouse, i set accounting in warehouse GL Decreasing Account = Stock in trade
and GL Increasing Account= Inventory Clearing Account. But when I am entering transaction, system creating JE
Stock in trade = Debit
Stock in trade = Credit
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One side of this entry will always be stock, you have the option to have your expense (write off) and income (write on) coding to different accounts. If you have set your decrease account to stock, the entry you described is what you will get:
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Posting in Material Price Gain/loss Account

Hi Experts
I am following FIFO method of Invetroty valuation. I have copied a GRPO to AP invoice and no changes were made in Document. But journal entry is passed in Material price gain account
Regards
Joby

Hi Joby........
WIll you please mention here which Account in GRPO is Cr and Dr?
Also Please mention the journal entry which account is Dr. and Cr.
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FI Forex gain loss & Exchange Rate difference on Foreign Currency & Chart of Accounts

Dear All,
I have queries on following :
1) what is difference b/w Forex gain loss account & Exchange Rate difference on Foreign Currency account .
2) Under which Heads in Balance sheet they should come as per Indian Accounting Standards.
3) Are these accounts common for Vendor & customers or different.
4) they record FI data at Company code level or at sub-ledger level first (Vendor /Customer) .
4) Is it advised to use same Chart of Accounts to two companies in same country by using different GL's with different FSV?
Regards
MJ

Hi M J,
Please note the answers below:-
1. It is one and the same thing. When you say forex gain/loss account, it means a GL account and exchnage rate difference means, the difference in rates at which you purchased/sold and the rate at which you made paid/collected.
2. Ask Client where they want to show these GL's in Financial statement Version.
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5. Yes, you can use same chart of accounts and you do not need to create separate GL's at the company code level for two company codes. Same GL's can be used as the posting is made at Co. code level.
Regards,
Kavita
Note : Please raise separate thread for different questions. Your Point No. 5 is not related to the rest.

Gain Revaluation Account in MIR

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