Local currency vs company code currency

Hi
Can company code currency is diff. from local currency ?
In 90 % cases co. code is always local ..
Thank you
Vedavatee

Exactly prakash, but is there a consequence by not using company code currency as the local if we want to produce reporting but with the hard currency ?
What is the difference between using "local" (used day to day) currency as company code currency and using it as hard currency ? Is there an issue to convert exchange rates to produce statutory reporting ?
I hope my question is clear.
Thanks a lot.

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Changing GL a/c currency, maintained in foreign currency, to Company Code currency

Hello Friends – We have got few GL Accounts maintained in foreign currencies and posting also made to these accounts. Now, for some reasons, we need to change their currency to Company Code currency.
We have referred SAP Notes – 146824 and they say that it is possible to change the currency to local currency.
My doubt is that when I change the currency, I should reclass the balance to zero, once done, and then reclass the balances back.
Or I can directly change the currency?
Can you pls advice.
Thanks

Hi
There is absolutely no problem in changing an account currency from foreign to local currency. This is because, when you have the account currency as local currency, transactions in any currency can be posted to the account including the foreign currency in which the account was previously maintained. You do not need to set/reset the account balance for this change. Please also look at the below links which are helpful:
Change Account Currency - Implications | SCN
http://books.google.co.in/books?id=WuhM4yEffEUC&pg=PA19&lpg=PA19&dq=changing+the+currency+of+a+G/L+account&source=bl&ots…
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Sowmya

Ledger group currency Vs Company code currency

Hello Experts,
Can any one tell me the difference between Ledger group currencies and Company code currencies in New GL in ECC 6.0?
Also can anyone explain me any scenario where and why we use different currencies in Ledger group and Company code ?
Regards,
Sriram

Hi,
In New GL we can use different currencies for ledgers. We can maintain 3 types of currencies for each ledger. 1st one should be company code currency. You can maintain additional 2 currencies as you choice which assigned to co code and group. You can generate the report in different currencies for each ledger
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Document Currency Vs Company code Currency.

As per business requirement Company code level currency is mainatained as USD but when i am generating the Excise invoice for loacl currency INR., the Excis edocument posting in USD . can any body helpme out to Post excise invoice as document currency where Excise tables is also updating the USD.
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Ramesh.

Closing this Thread as I found the answer
Within the Purchase Order, when the new TOTAL NET ORDER VALUE is higher than the old one, release strategy will be triggered once release charateristic is set for checking rule
System will check through The total net order value which is linked to CEKKO-GNETW for a purchase order.
In purchase order, the currency conversion will act as below:
Purchasing documents: Header currency converted to company code currency.
Company currency converted to characteristic currency
Hence, eventhough the exchange rate is increased but document currency is remained unchanged, the company code currency is increased and hence trigger release strategy.
for more information, please refer to http://wiki.sdn.sap.com/wiki/display/ERPSCM/RELEASE+PROCEDURE

Transfer Pricing Utilizing Third Local Currency in Company Code?

I was wondering whether utilizing the third local currency under the "Additional Local Currencies for Company Code" section of the IMG would not allow you to use Supply Chain going forward because that third local currency must be saved for Transfer Pricing in PCA?
I ask because we have an Company Code that's local currency is EUR, and the group currency is USD. However, we also need this specific entity to report by GBP for consolidation with the UK entity. Let me know if you have any questions.

Exactly prakash, but is there a consequence by not using company code currency as the local if we want to produce reporting but with the hard currency ?
What is the difference between using "local" (used day to day) currency as company code currency and using it as hard currency ? Is there an issue to convert exchange rates to produce statutory reporting ?
I hope my question is clear.
Thanks a lot.

Company code currency is different to the FM area currency

Sir,
There is 2 companis one in India and one in USA as such the currency diffence is coming and the error comes as :-
company code currency is different to the FM area currency
Please resolve
Also Not able to do the Cost Centre budget upload in KP06

Hi,
if both company codes have to be assigned to the same FM Area (which I guess is your scenario), you should define at company code level at least one currency matching the one defined in the FM Area.
Check the online help:
[http://help.sap.com/saphelp_erp60_sp/helpdata/en/f0/ca5716260211d28a430000e829fbbd/frameset.htm]
Within 'Master data -> Enterprise Structure - Organizational Units ->Organizational Structures - Assignments ':
The FM area is derived from the Financial Accounting organizational unit, the Company Code by assigning the company code relevant for Funds Management in your organization to an FM area. One or more company codes can be assigned to an FM area.
With this assignment, you must note that the currency of each company code assigned to the FM area must match the FM area currency.
If the 1 local currency (currency 10 = company code currency) of all company codes assigned to an FM area does not match the FM area currency, you must manage an additional local currency in these company codes. The additional local currencies must have the same currency type and the same currency as the FM area currency.
You define the additional local currencies in the Customizing of Financial Accounting in IMG activity Define Additional Local Currencies and of Funds Management Government in IMG activity Make Other Settings.
hope this helps
Regards
Mar

Seeking Information on Company Code Currency in COPA

Greetings all,
I am working on a project to activate the company code currency flag in COPA (attributes under KEA0). I have activated the flag in a test system and as expected I now get two PA docs, a 10 and a B0. The oddity begins when I compare PA docs created from SD and FI. In my example I am creating documents in three different currencies; 1) transaction curr = SEK, 2) company curr = EUR, and 3) operating concern curr = USD. I am on ECC 6.0 EP 4.
If I create a PA from a billing document (record type F) then the data looks exactly as I expect it. The foreign currency key (FRWAE) is SEK. I can see the transaction currency is SEK with value fields in SEK, I can see the company currency is EUR with an exchange rate of SEK <-> EUR along with value fields in EUR, and I can see the operating concern currency is USD with an exchange rate of SEK <-> USD along with value fields in USD.
However, if I create a similar document with FB50 (record type B) the foreign currency key (FRWAE) is EUR instead of SEK and the exchange rate to USD is 1 (KURSF) instead of the actual exchange rate. I only get company currency and operating concern currency values. The values in the value fields are correct per currencies eventhough the fx rate is whacked. In FI the transaction currency is SEK but you would never know it in PA. The really bizarre thing is when I go to display the PA doc (I am branching from the FI doc) it behaves very odd. The default view is Op conc which is in USD. If I click the foreign curr button it displays USD. If I click the company code curr button it displays EUR. If I then go back to the foreign curr view it is now in EUR???
I am hoping someone can explain the difference between the two, or at least point me to a good resource. If there is a rational reason for this system behavior then I am hoping someone can suggest some way to manipulate the data.
Many thanks,
Chris

Hi,
CO-PA will only store values in either operating concern currency or company code currency(if active). For FI postings CO-PA fills the field foreign currency in the CO-PA line item with the currency with the currency of the company code. The reason for this is that the currency conversion for FI documents is that the currency conversion for FI documents is executed with the
company code currency and the field FRWAE is always filled with the currency that is used for conversion. This is designed in order to allow a reconciliation between FI and CO-PA. CO-PA uses company code currency as the base to convert to operating
concern currency for FI postings. The field FRWAE is not intended to reflect the transaction currency. It is just used to store the currency from which the conversion to the currency of the record is made.
In case of direct postings from FI/MM CO-PA takes over group currency directly if group and operating concern currency are identical. As group currency is translated in FI with exchange rate ( according the settings in transaction 'OB22' for company code) you'll find this exchange rate in CO-PA too. I have attached SAP Note 604936 to this ticket that describes the translation logic used in PA for postings from FI and MM.
The currency translation from SD however works differently as described in SAP Note 429517. In this case PA will not consider any values in group currency. Values in operating concern currency are either translated based on transaction or company code currency using exchange rate type 'M'.
Hope this will help.
Best regards, Takashi
Edited by: Takashi Kotani on Mar 6, 2010 2:24 AM

Cost centre reports in Company code currency

Hi
I want to check all reports in company controlling area currency and company code currency. Controlling area currency is USD and company code currency is SAR.
For example when i execute the following report it shows only in controlling area currency.
S_ALR_87013611 - Cost Centers: Actual/Plan/Variance
KSB1 is working fine I can check object currency which called company code currency.
regards
imdad

Hi Ajey
I have make changes in RPC0 following changes and as you said re-login but still this report showing results in controlling area currency instead of company code currencye.
Reporting currency tab:
- Select radio button controlling area currency
Currency Translation into target currency
- Select radio button object currency
Exchange rate
- Current
Exchange rate type
- M
Its still not working, whats wrong setting in RPC0. please advise.
regards
imdad

Company currency does not differ from company code currency

Hi Everyone,
I am a newbie in SAP FI. Forgive me if this is a rpet pos. I could not find an answer using search.
Here is my problem:
I defined a compay with currecny as USD. I defned two company codes one with currency USD and the other
with currency INR.
I assigned compay code 1 (with USD as currency) to cmpany successfully.
However, when I tr t assign the secnd company ( wih INR currency)it gives me the following error:
"Company currency does not differ from company code currency".
How do I solv this problem.
Thaks,
Cheruvu

hi
when you defined your company currency as USD and Company code currency is also USD therefore it is not shown any warning but second company code currency taken as INR system expressing warning since company currency and company code currency differs as company stands for group for consolidation point of view
therefore it is only warning not error you can just enter and further configure nothing will be adverse
regards
srinivask

COPA-Company Code Currency

Hi,
In CO-PA, we have operating concern, say abcd, having operating concern currency, say KD. Now, we have activated company code currency, say AD using T.Code KEA0. Now, our requirement is that if we run T.code KE30, we need report in operating concern currency and company code currency. Presently, we are getting the report in Operating Concern currency only. Any clue...
Thanks in advance.
Regards-
Ganesh

Hi
CO-PA supports the following currency types:
B0 (operating concern currency)
10 (company code currency)
When To Use Multiple Currencies
The answer to this question is demonstrated in the following example.
An international corporation has its headquarters in the United States and has a subsidiary in the UK. The operating concern currency is the U.S. dollar, while the company code currency of the subsidiary is the British pound.
If this organization uses parallel currencies in CO-PA, all transactions carried out by the British subsidiary are posted in British pounds in Financial Accounting (FI), but stored in two currencies in CO-PA - pounds and dollars. Both of these currencies are updated simultaneously in CO-PA when each transaction is posted.
It makes sense to use both currencies when the organization carries out transactions in currencies whose exchange rates change daily (such as US dollars and British pounds). This helps you avoid exchange rate differences and makes it possible to reconcile the CO-PA data with that in FI.
You can plan in CO-PA in either the company code currency or the operating concern currency in each version. You can convert your planning data to the other currency by copying the data to a plan version that uses the other currency and translating it using a planned exchange rate.
In the information system, you can display reports in the operating concern currency as well as in the company code currency.
When Not To Use Multiple Currencies
If your organization works with average exchange rates by period instead of exchange rates that fluctuate daily, it is advisable not to update both currencies. If you did, you would be doubling your data volume without gaining any additional information. Alternative currency translation functions are available in planning and in the information system to let you translate all values using average exchange rates by period.

ZXKKEU03 delivers wrong values in company code currency

Hello,
it is requested to transfer the value of a SD-condition (tables A004 + KONP) to a COPA value field with the help of the exit ZXKKEU03. Although the SD condition value is already in company code currency the system converts the value from operating concern currency into company code currency. An attempt to revert the conversion within ZXKKEU03 fails due to less decimal places (2) in ZXKKEU03 than in the SAP standard programs.
Does anybody have an idea how to solve this problem?
Many thanks in advance,
regards,
Martin

Hi Eric,
my message refers to that part of the source code within ZXKKEU03:
SELECT SINGLE * FROM VBKD INTO W_VBKD
                   WHERE VBELN = LINE_ITEM_7000-KAUFN
                     AND POSNR = '000000'.
                       Z_DATUM = W_VBKD-PRSDT.
     SELECT * FROM A912                          "Price acc. Price list
           WHERE KAPPL       =   'V'
           AND    KSCHL       =   'PR00'       "Gross turnover
           AND    VKORG       =   LINE_ITEM_7000-VKORG
           AND    VTWEG       =   LINE_ITEM_7000-VTWEG
           AND    SPART       =   LINE_ITEM_7000-WWVSP
           AND    MATNR       =   LINE_ITEM_7000-ARTNR
           AND    DATBI      >=   Z_DATUM
           AND    DATAB      <=   Z_DATUM.
    IF SY-SUBRC = 0.
      SELECT * FROM KONP INTO W_KONP
               WHERE KNUMH    = A912-KNUMH
               AND    KAPPL    = A912-KAPPL
               AND    LOEVM_KO =   ' '
               AND    KSCHL    = A912-KSCHL.
               EXIT.
      ENDSELECT.
      IF SY-SUBRC = 0.
          LINE_ITEM_7000-VV104 = W_KONP-KBETR * LINE_ITEM_7000-VV005 /
                                 W_KONP-KPEIN.
      ENDIF.
    ENDIF.
    ENDSELECT.
    IF LINE_ITEM_7000-VV104 = ' '.
    SELECT * FROM A004                           "Price acc..Price list
           WHERE KAPPL       =   'V'
           AND    KSCHL       =   'PR00'          "Gross turnover
           AND    VKORG       =   LINE_ITEM_7000-VKORG
           AND    VTWEG       =   LINE_ITEM_7000-VTWEG
           AND    MATNR       =   LINE_ITEM_7000-ARTNR
           AND    DATBI      >=   Z_DATUM
           AND    DATAB      <=   Z_DATUM.
    IF SY-SUBRC = 0.
      SELECT * FROM KONP INTO W_KONP
               WHERE KNUMH    = A004-KNUMH
               AND    KAPPL    = A004-KAPPL
               AND    LOEVM_KO =   ' '
               AND    KSCHL    = A004-KSCHL.
               EXIT.
      ENDSELECT.
      IF SY-SUBRC = 0.
          LINE_ITEM_7000-VV104 = W_KONP-KBETR * LINE_ITEM_7000-VV005 /
                                 W_KONP-KPEIN.
      ENDIF.
    ENDIF.
    ENDSELECT.
    ENDIF.
    IF LINE_ITEM_7000-FRWAE NE 'EUR'.
    IF SY-SUBRC = 0.
    SELECT * FROM TCURR INTO CORRESPONDING FIELDS OF TABLE I_TCURR
           WHERE KURST      = 'M'
           AND   FCURR      = LINE_ITEM_7000-FRWAE
           AND   TCURR      = 'EUR'.
    IF SY-SUBRC = 0.
      SORT I_TCURR ASCENDING BY GDATU.
      LOOP AT I_TCURR INTO W_TCURR.
           Z_UKURS = W_TCURR-UKURS.
           LINE_ITEM_7000-VV104 = LINE_ITEM_7000-VV104 * Z_UKURS.
           EXIT.
      ENDLOOP.
    ENDIF.
    ENDIF.
    ENDIF.
Regards,
Martin

Material Ledger Additional local currencies for company code

Hi Expert,
I would like to add a second local currency in the "Additional local currencies for company code" in order to have 2 currencies available for material ledger. (Material ledger is not yet activated for this company code)
The second local currency must be the group one "30". Could you please tell me wich valuation I have to choose ? 0 1 or 2.
I went on the SAP library but I didn't find something clear. I tried 1 but I have an error message...
Thanks and regards

Hello,
I also recommend:
1442153   Transfer price valuation for material transfers
532932    FAQ: Valuation logic with active material ledger
1253944   Activating actual average moving price posting logic w/ ML
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Additional local currencies for company code

We are using company code currency INR -The clients wants additional currency USD as 2nd local currency--In OB22 the
2nd local currency -we want to give it to USD
2nd local currency is also by default system is showing INR-
and it is in grey field-how to enter USD for 2nd local currency-
for 2nd local currency we have given the following data:
currency type: 30 group currency
valuation 1 group valuation
exchange rate type: m
CO is active for this company code-
how to enter USD as 2nd local currency
regards
joseph

Hello Joseph,
Currency & valuation are considered as life blood of ERP systems as such those should be managed intelligently right from the day 1.
Additional currencies cannot be activated once the company code is live!
One needs to evaluate various options available, depending upon your requirements and system & solution landscape.
However due to hugh impact of such changes, it would be better to take the help of SAP SLO services.
Ambadas

Source currency in OB22 (Additional Local Currencies for Company Code)

Hi!
I'm setting up a third local currency for one of my company codes and the only source currency options I have are "Translation taking transaction currency as a basis" and "Translation taking first local currency as a basis". I need to have my third local currency translation basis be the second local currency (which is not an option). I've already set my company code currency and have done postings, so I cannot change that. Is there a way to add another source currency option?
Thanks!
Laura

Laura,
I don't think there is way to specify second local currency as a basis for translation. Only options 1 and 2 are available in OB22.

Additional local currencies to company code- OB22

Hi All,
Could you please tell me, why do we need to assign two more additional local currencies to company code(which scenario), and what we are achiving by assigning two more additional local currencies to company code.
Regards,
Suresh Patipati.

Dear Suresh Patipati,
Please review the following links:
[Parallel Currencies in Financial Accounting|http://help.sap.com/saphelp_47x200/helpdata/en/e5/0782c54acd11d182b90000e829fbfe/frameset.htm]
[Parallel Valuation Methods and Currencies|http://help.sap.com/saphelp_47x200/helpdata/en/e9/00f61d416b11d6b20800508b6b8a93/frameset.htm]
Here you can find a detailed documentation.
Regards,
Antje

Local currency vs company code currency

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