AP Currency Exchange
FI Experts,
We have a few invoices that we pay with a differnt currency on monthly basis. Can you entered an invoice and at the same time enter the conversion rate? or do you have to maintain a specific table.
Can someone advice on this procedure? right now we pay and book everything in dollars
Your help will be greatly appreciated,
Sorry, yes company code is in USD, we just want to use currency exchange for reporting purposes, we can use tcode F-43 I guess since we will be entering the invoice in USD, and just entering the currency exchange for reporting.
I just wanted to ensure that using this field will not end up cutting checks in foreign currency if we ever have to cut checks here.
yes the currency exchange will be one.
We just want to be able to display the amount when we run FBL1N, and so forth.
Thank You,
Edited by: Frank on Aug 11, 2009 11:07 PM
Similar Messages
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How to Add a parameter of currency exchange rate in the selection screen
Dear Friends,
How to Add a parameter of currency exchange rate in the selection screen with format (9999.99999). wich field i need to take.
Thanks,
SridharTCURR-UKURS.
~Suresh -
Document Split for Currency Exchange while posting Incoming payment
Hi Experts,
Scenario:
> Post incoming Customer payments using F-28
> posting entered today (14 Jan 2009), but posting date is 30 Dec 2008)
> Tested in Clients 001 and 005 (same setup in terms of GLs, Customers, Vendors, etc)
I was able to post the incoming payment in Client 005. However, in Client 001, I got error message:
*Ex.rate diff.accts are incomplete for account 0000140000 (Trade Debtors/Customers) currency SGD
Message no. F5063
Diagnosis
The accounts for posting exchange rate differences could not be determined. For the specified G/L account and the specified currency key, the accounts are only specified incompletely. Either the accounts for the implemented exchange rate difference, the accounts for the valuation differences or the balance sheet adjustment account are missing.
System Response
The system cannot generate the exchange rate difference posting.
Procedure
By pressing ENTER, you achieve that the document is reset to a status without automatic posting. In another window, you can complete default settings for exchange rate differences and post the document afterwards.
Proceed*
When I clicked Proceed, the system took me to OBA1, with "Document Split for Currency Exchange" option highlighted in blue.
Does this mean that I need to create a new GL account to post Document Split for Currency Exchange?
Note: Setup for OBA1 both 001 and 005 are the same. But I only encountered the error in 001.
Hope someone can help me.
Thanks...problem solved: add relevant Open Item GLs in OBA1 (Account Determination for OI Exchange Rate Differences)
-
Different currency exchange rate at time of sales order and invoicing
Hi Friends,
Actually,we are facing a crucial problem in Export where we would like to have the current currency exchange rate to be applicable both at excise and commercial invoice.
Regards,
PraveenHi Ankur,
Thanks for your reply.But our problem is sales order,exchange rates are defined with M type in OB08 as u have said.However when the periods are different for order entry and invoice generation we are facing the following problem.Orders are at old exchange rates and excise invoice is getting generated at current exchange rate.This is resulting in value difference between commercial invoice and excise invoice.
Please help.
Regards,
Praveen -
About foreign currency exchange difference when do MIRO
Dear all,
There's a purchase order with foreign currency, for the currency rate floated every month, if we do MIRO in the next month after we do GR, there's foreign currency exchange difference happened,
the problem is if the mat'l code with stand price control, in OBYC, I set the transaction KDM with account determination:exchange difference, then I do MIRO, it's ok, the currency exchange diff goes into the right account(exchange difference),
but if the mat'l code with price control V, when do MIRO, the currency exchange difference goes into the inventory account automatically, seems not determined by the setting of OBYC KDM,
so what can I do,?
Appreciate your kind reply in advance.
RgdsHi Kathy Wan,
Try the SAP Note No:980402.For me it worked only for material price with Moving Average price.
Still We are analysing to get for Accout assignment purchase order and service purchase order.
If you got complete your requirement ,Please let me know.
Thank and Regards,
Rajesh -
Currency exchange rate differences in rebate agreement settlements
Hi Experts,
My customer has issue in Rebate agreements and final settlements.
ISSUE:
Rebate agreement currency is EUR
Billing document currency is EUR
Company code currency is SEK
Initially ( Before final settlement)
The accrual amount in sales volumen 3151.05 EUR
the accrual amount in drill down 3152.05 EUR
After Final settlement
The accrual amount in sales volumen 2.62 EUR
the accrual amount in drill down 3152.05 EUR
The accounting documents shows after final settlement
customer A/c 3151.98 EUR credit
Expenses A/C 3151.98 EUR debit
Accrual A/c 3149.43 EUR debit
Expenses A/C 3149.43 EUR credit
The difference of 2.55 EUR is due to currency differences.
there is no retrospective rabte processing .
Kindly give your expertise resolve the issue of currency exchange rate difference in customer currency.
Immediate response is highly appriciated
Thanking you
With regards
Murali
Message was edited by:
Murali Krishna Lanka
Message was edited by:
Murali Krishna LankaHiI
f you set this selection field then the settings in the ERD Setting column for this currency type are no longer relevant. The system calculates and posts exchange rate differences between order-related goods receipts and invoices not just for materials with standard price, but also for:
Materials with moving average price
Account-assigned transactions
Planned delivery costs
The valuation of the inventories or consumption is effectively done at the exchange rate for the goods receipt, and not at the exchange rate of the invoice. When you post the good receipts, the fixed exchange rate from the purchase order is not used, but the translation of the purchase order values to local currency is always done at the posting date of the goods receipt.
If you are using the material ledger with actual costing, the system does not include the posted exchange rate differences at period-end closing in the actual prices of the materials.
Regards
Antony -
To maintain foreign currency exchange rates
Hi,
Please help me with this scenario.
I want to maintain foreign currency exchange rates.Kindly tell me the process to maintain these rates. and also please tell me that is their any feasibility to maintain exchange rates on daily basis.
Regards,
Pavani reddyHello,
you can also use currency worklists in order to maintain exchange rates on daily basis. In order to enable this functionality you have to maintain the following configuration:
1) Define Currency Worklist using the following path: SAP Netweaver - General Setting - Currencies - Define Worklist for Exchange Rate Entry (specify the name of the worklist, short description and maintenance interval);
- assign exchange rate to the worklist using the following path: SAP Netweaver - General Setting - Currencies
2) Assign Exchange Rate to the Worklist (please specify your exchange rate type, from and to currencies, the name of the worklist previously created as well as quotation type).
3) In order to maintain exchange rates you will have to use t-code TCURMNT (you can also find this transaction under standard SAP Menu (Fin. Accounting - GL - Environment - Current Settings - Enter Exchange Rates using a Worklist).
In my opinion, this t-code is more user-friendly than the standard OB08. But it's now up to you to decide whichever to use.
Best regards,
The Wirtschaftsmann -
Maintain foreign currency Exchange rates
HI Sap Experts,
Maintain foreign currency Exchange rates , whether it is month end activity or year end activity.
for this what is the t/code what are the parameters are need to be given.
Regards,
PrabhakarPrabhu,
At the very minimum, this is monthly activity ... however, if the company has large volume of transactions in foreign currency, then these rates are typically maintained on daily basis.
You can maintain exchange rates for relevant currency pairs using T. Code S_BCE_68000174. Corresponding configuration tasks are in IMG under NetWeaver General Settings.
HTH,
Manish Patel
Sr. SAP Solutions Consultant -
%GT 'Document Currency Amount' takes care of automatic currency exchange?
We created a formula KF of %GT 'Document Currency Amount'. Let's assume we've got two records: 1st record with US dollars, 2nd record with Canadian dollars, then the KF column would show the correct percentage number for the %GT 'Document Currency Amount'? or in other words, the currency exchange would be automatically taken care of by the %GT 'Document Currency Amount' when displaying the result?
Thanks!I know this does not work with quantities (e.g., mix of LB and KG), so I assume it also does not work with currencies. If not, you will have to do the currency conversion on the Document Currency Amount first, then the %GT should be correct. To do this, I would suggest adding a new kf (e.g., "Document Currency Amount in USD") where the currency conversion is done on the Properties screen, then change your formula kf to %GT 'Document Currency Amount in USD'.
Hope this helps...
Bob -
DTW Purchase Invoice upload-Currency Exchange error
Hi everyone
I've been trying to upload some Purchase Invoices for some time now but it keeps giving me back this error on every single one:
"Exchange rate not updated ,'USD'Application-defined or object-defined error65171"
I've changed all the dates in the excel file to the current date and have established exchange rates on SAP for that date but still it won't work...
Please help me, I've run out of thing to try here
ThanksI had a similar problem: importing down payment requests with DTW working, then some days later giving the Currency Exchange error.
I found the reason which was having changed the business partner's currency. As soon as it was different than the default, DTW stopped to work as expected.
Even better, I did found a solution. Set the currency and the rate also at the document level not only in the lines. It will make the import to work without the Currency Exchange error.
Edited by: Péter Forró on Oct 9, 2008 2:56 AM -
I, have a question regarding the Currency exchange rate.
We have a total of 20 -25 different local currency data records in R/3.
In BW reprot we need to convert all these local currency to CDN.
Can anyone suggest me how to do it and anylinks that would help me, please help me as i am new to BW.
thanks
SAMYou can set the translation directly in the query and BW calulates the conversion at runtime. Obvious you must specify the type of exchange rate, the date of reference, and so on...
In the BEx Analyzer, there are two possibilities for handling different currencies :
1 Definition of a currency translation per key figure in the query definition
2 Ad hoc currency translation in the Workbook (after having executed the query)
You can find here some info:
http://help.sap.com/saphelp_nw04/helpdata/en/80/1a682de07211d2acb80000e829fbfe/content.htm
https://www.sdn.sap.com/irj/sdn/advancedsearch?searchpluginname=sdn_library_adv
Here you can find the following:
https://www.sdn.sap.com/irj/servlet/prt/portal/prtroot/docs/library/uuid/287bab90-0201-0010-f48e-cc55b0cd13d0
https://www.sdn.sap.com/irj/servlet/prt/portal/prtroot/docs/library/uuid/e473ab90-0201-0010-22ac-fdd925cac167
Hope this helps... -
Currency Exchange rate maintenance
Hi all FI Master,
My local currency is in GBP. I maintain foreign currency exchange rate like USD to GBP, SGD to GBP and so on. My question is do I need to maintain the exchange rate in the other way round (like GBP to USD)?
Secondly, if my vendor bill me is foreign currency USD, and I pay in foreign curr SGD, do I need to maintain the exchange rate from SGD to USD?
Thank you.Hi Cire,
The Answer depends on your settings for the Exchange rate type
(SPRO > General Settings > Currencies > Check exchange rate types)
1) No if Invert flag is set for the exchange rate type.
Yes if flag is not set.
2) No if you have specified GBP as the Ref.crcy.
Yes if no Ref.Crcy is specified.
Kind regards -
Package/class which gives currency exchange rates
Is there any package /class in Java which gives the current currency exchange rate ? If not how can this be achieved?
you'll have to find an online provider of that information and write code
to subscribe to the information. Up to the minute rates will probably cost you as well. -
Dear Experts,
One of SAP our user edited the maintained currency exchange rate table (F-62) but he is lying. Now how can I check who edit the table in a particular date? Is there any t-code or way?
Thanks in advance for this help.
Best Regards.
Ripon Kumar PaulHi:
If change log is enabled by your BASIS guy then you can see it menu...utilities...Change log.
Regards -
Hi All,
While running FI-SL Currency Translation in t-code gwul, I am getting the error message u201C No values entered, difference in local currencyu201D
Is there any problem with the master data or config, as it is working fine for other company codes?
Please Assist.
Thanks in advance
Edited by: Reema Sen on May 28, 2008 6:20 PMI had a similar problem: importing down payment requests with DTW working, then some days later giving the Currency Exchange error.
I found the reason which was having changed the business partner's currency. As soon as it was different than the default, DTW stopped to work as expected.
Even better, I did found a solution. Set the currency and the rate also at the document level not only in the lines. It will make the import to work without the Currency Exchange error.
Edited by: Péter Forró on Oct 9, 2008 2:56 AM
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