Bank reconcilaiton-Foreign currency.

Question

Hi Experts,
I am facing problem with foreign currency bank reconciliation, the problem is as follows,
1.Invoice posting 01.01.2012- 100 USD=4400 INR (@ 44)
                  Exependature.....Dr 100
                                 To vendor account ......Dr 100
2 At the them time payment  10.01.2012  to vendor exchange rate is 95.65 USD-4400 INR  (@46)
                              Vendor account.............Dr  100
                                              To bank account        95.65 (Sub clearing account)
                                              To Exchange gain/loss  4.34
                                                                                3.At the time bank reconciliation 31.01.2012          (@ 45)
                                      Sub clearing account......Dr  97.77
                                                 To main account ................95.65                
                                                 To Exchange gain/loss.......2.22          (this should not post to the gain or loss account)
The reconciliation should be with value date i.e exchange rate should be @ 46
Note: Company code currency is -USD.
Awaiting for your solution.

Answer 1

Hi
Whenever you do clearing in FB05(Bank Reconciliation ) from sub bank account to main bank account system will revaluate the figures with current date exchange rate.
You can have two options
Option 1: In OBY settings tick the clearing in local cuurency tab so that system will not revaluate with the current date exchnage rate mentioned in table.
Option2: If the above solution is not acceptable in OBA1 settings for bank accounts maintain  main bank for calculating forex gain or loss, so that it will post to forex gain or loss account once again. Get back in case of any  doubt regarding the above process
Pushkala