Bal.sheet adj.1 - OB09

Dear All,
Can anyone explain in detail the significance of Bal.sheet adj.1, and in what intances system will pick the account .
Thanks!
Mohammed Zia

Dear Chintan,
Thanks for your reply...I have understood this to some level, but when i am testing the scenario with F-44 transaction clearing Vendor down payment and vendor invoice. I am testing it changing the dollar rate.
My question is
Gain Entry
with F-48 i am making down payment to Vendor eg: 1000 $ at  dollar rate 45 INR =45000
and raising an invoice of 1000$ with dollar rate 50 INR =50000
Hence 5000 is Gain and the same is posted to Valuation Gain account
Loss Entry
with F-48 i am making down payment to Vendor eg: 1000 $ at  dollar rate 50 INR =50000
and raising an invoice of 1000$ with dollar rate 45 INR =45000
Hence 5000 is Loss and the same is posted to Valuation Loss account
The above entry are correct,
But sometime even in these kind of entries system is posting to Bal.Sheet.Adj.1 account. when it is actually clear that gain should go to gain and loss should go to loss.
Please clarify
Mohammed Zia

Similar Messages

  • F-44 Clearing Bal.sheet.Adj 1

    Hi All,
    This is with respect to F-44 Clearing for Forex.
    When we try to do the F-44 clearing system is picking 530103 which is Bal.Sheet.Adj 1 account in gain or loss (This is happening for the items which old like for year 2006, 2007 etc)
    When we try to do the same F-44 clearing system is picking 695830 (Loss) and 798530 (Gain) and this is happening for the new items for the year 2009.
    Example :- 2006 item.
    Vendor X  $2000 (Credit)
    Vendor  X $ 2000 (Debit)
    530103 Bal.Sheet.Adj 1 (Debit) $500
    798530 Gain (Credit)  0
    2009 Item
    Vendor X  $2000 (Credit)
    Vendor  X $ 2000 (Debit)
    698530       (Debit) $500
    798530 Gain (Credit)  0
    Please let me know why system is picking 530103 Bal.Sheet.Adj 1 for Old items

    Zia ,
    The account 530103 is hitting in the case of old invoices because there might have been foriegn currency valuation done in in the past. Therefore whatever loss was there at that time would be posted to loss/gain account and the contra/adjustment entry would be posted to bal adj account in transalation TAB.
    For the present entries, as there is no foriegn currency valuation done these accounts does not get hit and the loss and gain account is getting hit in exchange rate difference account realized  TAB.
    Kindly let me know in case of further clarifications.
    Kunal

  • Postings in Bal.Sheet. adj.1 F-44

    Hi All,
    I am trying to understand the reason behind the following posting in Bal.Sheet. adj.1 account which is 530103.
    When we try to clear the transaction with F-44 entries which are for previous years 2006,2007 etc. system is taking Bal.Sheet. adj.1 account profit or gain in exchange rate and when we clear the new postings for the current year 2009 system is taking in respective gain or loss account
    698530 - Loss account
    798530 - Gain Account
    530103 - Bal.Sheet Adj 1 account.
    Please let me know why system is considering   530103 - Bal.Sheet Adj 1 account for old transactions and why it is considering 698530 Loss and 798530 Gain for new postings.
    Thanks for help

    Zia ,
    The account 530103 is hitting in the case of old invoices because there might have been foriegn currency valuation done in in the past. Therefore whatever loss was there at that time would be posted to loss/gain account and the contra/adjustment entry would be posted to bal adj account in transalation TAB.
    For the present entries, as there is no foriegn currency valuation done these accounts does not get hit and the loss and gain account is getting hit in exchange rate difference account realized  TAB.
    Kindly let me know in case of further clarifications.
    Kunal

  • Incoming Payments posting to bal. sheet adjustment account

    hi Sap consultants,
    I have a situation where one company is in china and the other in Europe.
    when posting incoming Payments to the european com in a foreign currency the system posts
    Debit to  Bank account,
    credit customer Payment,
    Credit exchange rate Realised gain account
    when posting in the company in china 
    system posts
    Debit to  Bank account,
    credit: customer Payment,
    credit: exchange rate Realised gain account
    credit: Bal. shhet adjustment ac.
    Ive checked the Settings in customizing and the reconciliation account for both companies are same
    Chart of Accounts     1000
    G/L Account           1150000
    Currency                  -
    Currency type          -
    Ex rate diff Real
    Loss                 7201009
    Gain                 7200009
    Valuation
    Val.loss 1           7201000
    Val.gain 1           7200000
    Bal.sheet adj.1    1150900
    The Acounts are all set up the same, the invoices are in foreign currency  and I cant find the setting where it post this extra line item in the company in china and not in Europe.
    Does someone know why this takes place.
    Thanks
    Dave

    HI,
    During valuation differnces is posted to FX. This entry is reversed in subsequent month.
    These is reversed when you carry out actual clearing. That what where ur entry are standing. This is automatically carried out by the system.
    I hope that during valuation (f.05), option for actual posting is selected and as such theseentry is generated.
    The solution to this is reverse the valauation run.
    Also, please check setting for Valuation and revaluation.I don't have much exposure to it but yes some experts can express their experience,if any
    Regards,
    Atul

  • Balance Sheet Adj account

    We have an instance where the user trying to clear the Vendor items through transaction F-44, sometimes they are getting error u201CEx rate difference accounts are incomplete for acc XXXXXu201D
    We assigned balance sheet adjustment accounts (OB09) and the error rectified.
    But here the concern is while simulating system is picking the exchange gain or loss in Balance sheet adjustment account, but the client wants only to pick ex gain account in case of gain and loss in case of loss.
    When we try to take out balance sheet adjustment account system is again giving the above error.
    Also when we do the testing for current year and new transactions system not taking 530103 accounts though it is assigned and it is taking in respective loss or gain accounts
    It is happening only for the old entries for 2006 and 2007 system is picking 530103 Bal adj account
    We have explained to the user running of Foreign Currency Valuation (F.05) could be the reason of system picking the 530103 bal.adj account, but as per the user they have not done the F.05.
    Please let us know under what circumstances system will pick the Balance Sheet Adj account?
    530103- Balance sheet adj account
    698530 u2013 Gain
    798530 u2013 Loss.

    Hi,
    Maintain GL accounts in FBKP and automatic posting and exchange rate difference accounts in that maintain Gl for KDF.
    regards,
    Santosh kumar

  • What is the significance of having Ver 1 and Ver 2 in a Bal Sheet?

    Hi,
    1. What is the significance of having Version 1 and Version 2 in a Balance Sheet(Income Statement)?
    Any real life significance of these versions?
    2. I had a previous question which was not answered, can verify if having version 1 and version 2 in a query addresses that problem:
    u201C Is there a way to compare two different income statements (or two Bal Sheets) for say, Year 2005, if Income statement 1 is from R3 but Income statement 2 is from a non-sap system. i.e. to create a variance for them as a means of reconciliation? u201C
    If Version 1 and Version 2 in a balance sheet does not deal with this, can you help with it?
    Thanks

    Hi,
    thanks for the response.
    Does this versioning process also takes place in Balance Sheet or it is something done only for Income Statements?
    Is this the reason why some queries have varaibles to enter Version 1 and Version 2?
    If Version 1 and Version 2 are from the same datasource, and you bring all into a DSO, what will be the advantage to separate the Version 1 and Version 2 data different cubes?
    To help me get your response well, is the Versioning concept used in addressing the other part of my question:
    i.e.  if having version 1 and version 2 in a query addresses that problem:
    u201C Is there a way to compare two different income statements (or two Bal Sheets) for say, Year 2005, if Income statement 1 is from R3 but Income statement 2 is from a non-sap system. i.e. to create a variance for them as a means of reconciliation? u201C
    If Version 1 and Version 2 in a balance sheet does not deal with this, how do you address this?
    Thanks

  • Transferring Bal sheet balances online to PCA

    Hi All
    What is the procedure to transfer opening balances for Bal Sheet to PCA if the online transfer indicator is already on and postings have already beeen made before the additional balance sheet accounts were specified in customising (t-code 3KEH)?

    If you can identify the documents that were posted before the you switched on the flag, you can go to SPRO> CO > PCA > tools > Prepare production startup
    From here, depending on where the documents originated from you can transfer them selectively to PCA. (assuming company has not been set to productive)
    OR
    Other option, delete all the data and do the above steps (without bothering about what has already been transferred and what hasnt
    OR
    find out what has not gone to PCA and post PCA documetns (single sided entries) (9kE0) to plug in the difference to match FI to PCA.
    Before deciding any of these, please test out in a copy of your PRD system.
    Hope this helps
    Praveen.

  • 'Bal.sheet preparation valuation' indicator in F.05

    hi,
    Would someone explain the use of 'Bal sheet preparation valuation' indicator on F.05 transaction?
    Is it one this indicator is selected, no foreign curr reval will be posted to the same period if there is any for currency transaction posted after the foreign currency reval run?
    What is the implication if this indicator is not selected?  Each time it is executed, the difference will be posted?
    Thanks.

    Hi guru,
    "You should not forget to change the SAP configuration again to Always valuate and then run SAP Transaction: F.05 with revised exchange rate."
    Can you advise how and where to make teh config change to ensure that the system always valuate at the revised exchange rate as a whole?
    I have problem which system only valuated the difference b/w last and current mth.
    Regards
    CL

  • F.05 bal sheet preparation valuation

    Dear All,
    May I know what is the difference if i tick bal sheet preparation valuation and without tick?
    I know that bal sheet preparation valuation and reverse posting, they are mutually exclusive.
    What I need to know is what would be the difference if i tick bal sheet preparation valuation like update any table if ticked or anything else.
    Thanks

    Valuation Update in the Item
        Select the parameter if you want to carry out a subsequent debit/credit
        of the balance sheet / P&L account in addition to the valuation
        If this parameter is selected, the valuation difference is noted in the
        item (BSEG). This is a precondition for subsequent debit/credit of the
        balance sheet and P&L account. No depreciation/valuation area can be
        used here.
        If a depreciation/valuation area is used, the differences for the item
        will be stored in a separate table (BSBW). This parameter does not have
        to be selected for this purpose.  These valuation differences are read
        by the sorted list (SAPF101) and flat-rate value adjustment. However,
        the reconciliation and the subsequent credit/debit does not use this
        data.

  • 'Bal.sheet preparation valuation' indicator in T-Code: GJ91

    Good Day Community Members,
    In one month end close, we marked the field: 'Bal.sheet preparation valuation' in T-Code: GJ91 (JV Foreign Currency Valuation). We know with that, the exchange differences (or valuations) posted to the balance sheet adjustment account do not automatically reverse in the subsequent month, as it is stored in the table BSEG related to the open item document, until subsequent compensation (payment) or reversal (with T-codes: F-32, F-44, F-03, F-53, F-28 and FB08) of the open item, at which time the exchange difference (stored in the BSEG table) is then reversed. So far so good.  
    However we have noticed that, the exchange difference stored in the BSEG table for some open items are not being reversed when the open item is compensated with the above listed t-codes.   I have made comparisons between two compensations (one with the exchange valuation being automatically reversed and another not), but I cannot detect why the system seems to be inconsistent in this way.  
    Please can I get some help in understanding what would cause the system to reverse the exchange difference upon compensation of some open item posting and then sometimes not?  For us, we believe that, once the open item is compensated, the exchange valuations should be reversed out of the balance sheet adjustment account in all instances.

    Hi guru,
    "You should not forget to change the SAP configuration again to Always valuate and then run SAP Transaction: F.05 with revised exchange rate."
    Can you advise how and where to make teh config change to ensure that the system always valuate at the revised exchange rate as a whole?
    I have problem which system only valuated the difference b/w last and current mth.
    Regards
    CL

  • Wrongly creation of bal sheet items

    hi all
    The user wrongly created a gl account as a bal.sheet item insted of pl item,certain transaction were posted to it. i have tried to change the account from bal.sheet to p&l account after making the balace is zero.even than its given a error message .how it rectify that?

    Hi,
    Once you create a GL account as a BS item instead of P&L item, and some entries are posted to it, you will not be able to change at least for that year (This is true even though the balance is ZERO). Please read the following SAP text.
    If you determine that you erroneously defined a G/L account as a balance sheet account instead of a profit and loss account for the previous fiscal year, the G/L account master will have to be changed. You then have to rerun the SAPF011 program so that the balance carried forward for the G/L accounts is correct.
    Hope this is useful.
    Regards,
    Ravi Kumar

  • Reversal of foreign currencey valuation run with bal sheet prep val option

    We have created foreign currency valuation run for the month ended 30th April 2008 on 30th April 2008 with reversal postings. Subsequently another run was created on the same date for the same month erroneously with u201Cbalance sheet preparation valuationu201D option for which system has not created reversal document. Now we want to reverse these documents without manual reversal to avoid adjustment entries during clearing. Please advice me.

    Hi
    You could reset the valuation difference by using the following method:
    1.T-cd:OB59->selecting the valuation method ->in valuation precedure area, selecting "reset" radio button->save it.
    2. T-cd:F.05 ->using the same parameters that you ticked the balance sheet preparation valuation" box when you ran F.05 last time.
    3.After running F.05->BSEG-BDIFF will be reset to zero in valuated docs.
    4. change customization Reset -> your old method.
    5. once again run foreign currency valution
    Best Regards,

  • Indirect GL A/C Wrongly given Bal sheet a/c  I want change P& L A/C

    Hi Gurus
    I create one GL A/C for (FS00) indirect exp a/c, wrongly I selected balance sheet a/c , I posted  two  entry I want change P&L A/C, I reverse the two entry also but system does not allow to change . Tell me i want change P&L A/C .
    Thanks
    Selva

    Dear,
    It will not be able to be changed to P & L account. Only option is to create a new P & L account and transfer balance of old account to the new one. Please don't forget to block old GL account after successful migration.
    Regards,
    Chintan Joshi.

  • Bal.Sheet and Profit and report in New GL

    Hi All,
               I am trying to execute the Financial Statements Query (0FIGL_V10_Q0001) which is based on the Virtual cube 0FIGL_V10. The issue is I am unable to see any data when I execute the Query. I tried other queries too based on the 0FIGL_V10 cube but no data is displayed when the query is executed. I loaded data into the 0FIGL_C10 & the Hierarchy too for Financial Statement Item Infoobject (0GLACCEXT). I can see data in the queries based of 0FIGL_C10 & 0FIGL_R10 & they execute OK . But no data for queries baes of 0FIGL_V10 & 0FIGL_V11 Cubes. Can anyone please let me know if I am missing out on any steps?
    Thanks a lot!
    PS: I apologize for posting this question again but unfortunately no one answered my earlier post, hoping someone will answer this one.

    Thanks Ashok, i already read that thread & researched on SDN too but I still cannot see any data when i try to execute the virtual cube queries.
    Any suggestions?
    Thanks!

  • Can auto. posting accts for exchnge diff. (trnx.OB09) defined per company

    Can automatic posting accounts for exchange rate difference of an account under open item management (Defined via transaction OB09) can be assigned per company ?
    Pansy

    Dear Ben,
    Please call by transaction FB03 the documents Youu2019re trying to clear                           
    and go into menu   > Environment  >                        
    Valuation  > Display valuation: if there is a valuation in foreign currency,  
    Please run transaction OB09 AND FILL THE g/l count for                 
    Bal. Sheet adj field as following:
    Chart of Accounts     INT  Chart of accounts - international
    G/L Account          
    Currency
    Currency type
    Loss              xxxxxx  
    Gain              xxxxxx  
    Val.loss 1           xxxxxx
    Val.gain 1           xxxxxx
    Bal.sheet adj.1      !!!!!!!!!!!!!!!!!!!! You have to fill it as well!!!!!!!!!!!!!
    I hope this helps You.
    Mauri

Maybe you are looking for