Accounting of foriegn currency transactions

In my case, there is only one company code but they are involved in import/export. So I want to cofigure the SAP system which can record the transactions in foriegn currency without group currency configuration.

If your requirement is to post in difference currency, you can set the requirements like:
Currency translation ratios : OBBS
Maintain Exchange rate : OB08
Then you can post in other currencies.

Similar Messages

  • Accounting in foriegn currency

    In my case, there is only one company code but they are involved in import/export. So I want to cofigure the SAP system which can record the transactions in foriegn currency without group currency configuration.

    If your requirement is to post in difference currency, you can set the requirements like:
    Currency translation ratios : OBBS
    Maintain Exchange rate : OB08
    Then you can post in other currencies.

  • Foriegn Currency Transactions

    Hi Experts
    Please anybody help me is it possible of updating of  exchange rate fluctuations automatically by system.
    Regards
    Jyo

    Hi:
                    If you talking about updating exchange automatically in OB08 then i think you can have it in  Financial Supply Chain management...Treasury and Risk Management....Market Data Management ..Please refer to its F1 help
    Market Data Management
    You can transfer market data to the system in two ways:
    Datafeed: You have an exchange information system such as Reuters or Dow Jones and a relevant external partner program installed on your system with which the datafeed can communicate.
    File interface: You can store your market data in SAP format and transfer this to the system using a report program. Make sure you use the correct file format.
    This section describes all the settings which allow you to transfer market data to the system.
    Hence you may have to use 3rd party help for doing so and feed the data in to SAP in the form of external file ...Your ABAP will help you making an upload for the ER to be uploaded in system automatically...
    Regards

  • Document currency (Transaction currency) wise G/L account balance report.

    Dear All,
    Is there any report available in FI for Document currency (Transaction currency) wise G/L account balance display.
    Something similar to S_ALR_87012277; which gives currency-wise balance display?
    Thank you for help.
    Regards
    Vijay

    Hi Mike
    Thank you for your quick responce.
    I don't have access to this S_PLO_........ tcode; Ours is ECC 5.0 installation.
    Is any other report available.
    Thank you
    Vijay

  • Error: Transaction currency differ from Account or BP currency

    Hi all
    While adding Goods Receipt PO I am getting this error "Transaction currency differs from account or BP currency-Goods Receipt PO"
    For your information I am using Foreign Vendor dealing in UD Dollar and following setting in Basic Settings:
    1)Local  currency = Indian Rupee
    2)System Currency= US Dollar
    3)Default Account Currency = All Currencies
    PLz solve the issue.
    Kush

    Hi Khushwant
    Check the related G/L accounts are set to multi currency. In this case Trading Stock and Allocation Account. If you are using Freight charges (Additional Expenses) then check their G/L accounts too.
    Kind regards
    Peter Juby

  • Foriegn currency fluctuation

    Hi experts
    I have made PO for 1kg and price is 1 USD
    I have made a PO on 1 march. in USD. tht day 1 USD = 50 INR
    I did GR on 1 April . tht day 1 USD = 53 INR
    I paid vendor in USD on 15th april  tht day 1 USD = 55INR
    During GR I want accounting : debit Material : 53 INR
                                                 credit GR/IR : 53 INR
    During MIRO I want accounting : Debit  GR/IR :53 INR
                                                    Debit foriegn currency fluctuation : 2 INR
                                                    credit vendor : 55 INR
    The above accounting is what i want to be in my system but it is not happening.
    Can u please tell me how to achieve this type of accounting??? what are the settings for it?

    Hi
    Maintain the config settings for exchange rate fluctuation in MM - LIV - incoming invoice - Configure how exchange rate differences are treated (between GR and IR). Then maintain OBYC settings for KDM transaction key. If there is any exchange rate difference between GR and IR, it will hit KDM defined GL account.
    Thanks

  • Is it possible to have two currency transaction in one minisite (istore)?

    We are evaluating one project of possible business prospects in european country. We already have the US Instance running in istore. manamgenet does not want to spend time in setting up new oeprating unit for new this new europen business but want to leverage the same structue of us instance and same site. the problem is europen site would do the transaction in Euro and US in dollars.
    Is this even possible ? if yes, can you provide some documentations/ideas on how to accomplish this?
    Thanks.

    The currency code and the price list drives the transactions on the shopping cart, since you wanted to change the currency code based on the user logged in, I am assuming the price list would be account level price list rather than Minisite level. As for the currency code, the Minisite level code is passed into the cookie which is user through the flow of the cart / store, when I said we can flip-flop the cookie value, the customization should update the "default currency code" cookie based on your user logic. Once the cookie is updated, it retains its new value through out the flow on the cart.
    As for the OM part, if the price list on the user account supports the currency code on the cookie, then I don't see any further issues. Of course you would need to do the due diligence and test it throughly. I believe this will work.
    VKKY

  • APP RUN Error -Foriegn Currency

    HI Guru's,
    Iam trying post  APP run for Foriegn currency showint following error..
    Job started
    Step 001 started (program SAPF110S, variant &0000000004436, user ID RJRAO)
    Log for proposal run for payment on 21.08.2008, identification T4
    >
    > Additional log for vendor 302289 company code G1SG
    >
    > -
    Payment method selection additional log
    > Payment method selection for items due now to the amount of USD       25,000.00-
    > Payment method "B" is being checked
    > Bank details are being checked
    >    Customer/vendor bank details are being read
    > Country SG / Bank number 7375048 / Account 3043051758 ...
    >     Customer/vendor bank details are being checked
    >   System reads house banks and checks if they are allowed
    >   House bank is selected ...
    > No suitable bank can be selected for comp.code G1SG pmnt meth. B curr. USD
    > Payment method "C" is being checked
    > Payment amount is not within the limits allowed ( 0.00 - 19,999.99 )
    > Payment method "I" is being checked
    > Bank details are being checked
    >   System reads house banks and checks if they are allowed
    >   House bank is selected ...
    > No suitable bank can be selected for comp.code G1SG pmnt meth. I curr. USD
    > No permitted payment method exists
    Information re. vendor 302289 / paying company code G1SG ...
    ... payment not possible because of reported error
    End of log
    Job finished
    regards
    Dhana

    Hi Janardhan...
    Sorry if this is not the correct place to put my question... Can you please provide any documents or any links for setting up the Workflow approval process for parked documents as you have already done that ...
    Please kindly help me...will be really thankful

  • Foreign currency transactions

    Dear All,
    Please advice on how I can be able to pay from a Bank setup as a USD bank to a supplier invoice in GDP in SAP B1 SP2 PL50.
    Currently this is what is done:
    - Go to outgoing payments and select the supplier whose currency is set up as GBP
    -Clicking on payment on account
    -click on the payment means bag at the top.
    - by default the payment means currency displays just the GBP and the local currency.
    - click on the check option
    -select a USD bank
    - enter the figure to be paid.
    when trying to add this transaction I get the message account currency does not match with document currency message comes up.
    Regards,
    Monil.

    Hi Monil,
    the easiest way to do this is to have the bank accounts set to multicurrency, then all balances will default back to local currency.  Do you pay your supplier out of you normal bank account? Are there other suppliers you trade with in a different currency?
    If you have extensive foreign currency transactions you might wish to have a tighter control on FX rates in relation to your local currency, then you can set up several different monocurrency bank accounts in the application & move cash around from one monocurrency account to another using the method outlined in SAP note 1260658.
    All the best,
    Kerstin

  • Foreing Currency Transactions

    Hi Experts.
    I am facing a problem in foreign currency transaction.Say I have entered vendor invoice(f-43)  in month of Feb and ex rate in that month is say 43 and I am entering payment document (f-53) in month of march. Ex rate in this month is for ex 46. I have did configuration in OBA1 in for KDF with respect to Acc Payable. At the time of posting payment document sys showing error that 
    Ex.rate diff.accts are incomplete for account 0000151000 currency USD
    Message no. F5063.
    Where i am wrong I am unable to understand.
    Help is appreciated.
    thanks in advance

    Hi Anamika,
    Go to OB0(Zero)9
    Double click on GL which u have assigned
    Now u will see the Exchange Rate Diff Loss & Gain
    Assign the GL for Loss and GAIN
    I think u have created only one account that is for GAIN, so ur loss and gain will be going to only one GL...
    so if u want to separate then u r required to create another GL for LOSS account and that will be assigned to OB09
    I hope this will resolve ur issue
    IF USEFUL THAN ASSIGN POINTS
    Regards,
    Jigar

  • Reg:Foriegn Currency Revaluation

    HI all,
    What is the use of Foriegn Currency revaluation and how to configure it.
    regards
    JK

    Hi,
    Normal Business practice is to revalue the foreign currency balances (Vendor balances, Customer balances and other GL Accounts) at the end of every month. And this is reversed on the first day of the subsequent month.
    Further, when the year end revaluation is done for Balance Sheet purpose, the same is not reversed.
    Thanks
    Murali.

  • Fees account for foreign currencies in payment run F110

    Dear all,
    I have a problem with a house bank with several bank accounts. At the foreign currency accounts with the same account number, the bank charges are always charged at the foreign currency accounts and not at the Euro account (house currency).
    Our desire is that the bank charges are settled in the Euro account.
    It seems, that for each record of a foreign currency account to be debited, it requires an own charge account. For foreign currency accounts with different account number to the Euro account is the setting without any problems. In the house bank with foreign currency accounts the fields for the fee accounts were not filled in the payment transfer medium.
    How should the setting be, so that bank accounts with different currencies, the fees are cleared only on the Euro account?
    We have SAP ECC 6.0 with SAP_APPL 600 Level 12.
    If I have missed important information or if my words were indistinct please feel free to ask.
    Thanks for any help.
    Greetings

    Hello Marssel,
    sorry, perhaps I described my scenario wrong.
    I have only one House Bank with several Account IDs. All but one have the same Bank account number.
    For example:
    House Bank......................Account ID........................Bank Account No
    050.....................................AUSL.................................0444940000
    050.....................................CHF....................................0444940000
    050.....................................EURO.................................0444940000
    050.....................................SCHCK...............................0444940000
    050.....................................SGD...................................0444940001
    050.....................................USD....................................0444940000
    This is the "Bank Account Overview" in transaction FI12.
    The house bank country in FI12 is DE for Germany and the ISO Currency Code for the Charges Account is EUR.
    The Bank Number and Account Number (0444940000) for the Charges Account are also filled in FI12.
    The currencies of Bank GL Account in FS00 are for the foreign currency accounts CHF, SGD and USD. The rest are in house currency EUR.
    After starting F110 the bank fees are charged at the foreign currency accounts in CHF and USD. But we want that they are charged over the Euro account in Euro.
    Thanks for your help.
    Greetings

  • Change GL account in OBYC for transaction keys GBB and BSV

    Dear Logistics Colleagues
    I would like to have your opinion on the following topic:
    I have an request to change an GL account in account determination (OBYC) for transactions:
    - GBB > Offsetting entry for inventory posting
    -BSV > Change in stock account
    What cutover should I consider or which actions should be executed before implementing the change?
    Many thanks in advance for your help?
    Regards,
    Mohamed

    Hi,
    Just check all the orders whose GR is done, there LIV also done, for the scenario where this key will be utilized,
    BSV - change in stock account, this will hit in subcontracting process. When you do GR against 101 mvt type this BSV will get credit, BSV is the balancing account to BSX for Finished goods, this amount goes to P&L accounts
    GBB - Most of the time this will be 0, because it is for offsetting entries, check there is no balance in this GL,
    If you want create OBYC for this 2 for some new valuation class then i do not think you need to look at cutover

  • APP RUN-Foriegn Currency

    HI Guru's,
    Iam trying to run for foriegn currency its shwoing folllowing error.
    Job started                                                              
    Step 001 started (program SAPF110S, variant &0000000004418, user ID RJRAO)
    Log for proposal run for payment on 21.08.2008, identification JOT5      
    Information re. vendor 302289 / customer  / paying company code G1SG ... 
    Payment with currency USD, payment method : No valid payment procedure   
    Information re. vendor 302289 / paying company code G1SG ...             
    ... payment not possible because of reported error                       
    End of log                                                               
    Job finished                                                             
    how to solve it
    regards
    JK

    HI
    Check Payment method in T.C FBZP for currenices allowed for APP. If any currency code is mentioned in currency fields only that currency are allowed for running  APP.(for allowing all currency don't mention any currency in this field)
    Check it for company code  level
    Thanks & Regards
    CRM
    Edited by: crm on Aug 21, 2008 8:35 AM

  • Foriegn Currency Vendor

    Hi,
    We are with SRM 4.0, Extended Classic Scenario. We have one backend Purchase Organization (=1000) and Local SRM Purchase Organization.
    In ECC we are creating the Vendor with Purchase Org 1000 and while replicating to SRM we are selecting the check box 'without refrence to backend purcahse org' and we are selecting 'SRM Purchase Org' and Defualt Order currency as USD. So the foriegn currency vendors also replicating to SRM as USD. Is there any other way to replicate the foreign currency Vendor as their orginal currency in ECC.
    SRM Administrator run this T Code at end of every business day and he dont know which vendors are with Foriegn Currency Vendors.
    Thanks in advance. Points will be rewarded
    Thanks
    Navven

    Hi,
    As of SRM40, you don't have to use a local Porg anymore for ECS scenario. For thsi you have to implement OSS notes 944918 and read consulting note 946201.
    As a consequence, the vendor replication is possible WITH reference to backend Porg.
    Thus, the backend vendor currency is used.
    Kind regards,
    Yann

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