Bank Reconciliaiton and Clearing Process of Banks in Foreign Currency

Dear all
Can you please help me out in this process? My client has a bank account managed in USD and his Local Currency is in EURO.
Payments are made to a supplier in USD at an established exchange rate. The bank reconciliation (manual) is then processed on a later date with a different exchange rate - the rate in the system.
The client is then clearing the Vendor Payments with the Bank reconciliation posting. This in turn posts a clearing document as well as a realised gain/loss on exchange. The clearing of the Payment with the invoice also takes place as a further process with a further gain/loss on exchange created.
The client is saying that in the case when clearing Payments with the Bank reconciliation for foreign currency the posting should not create a gain / loss on exchange.
Can you please help? Is the process correct? They can update the foreign exchange rate in the table when posting the bank reconciliation to be more or less equal to average exchange rate of payments but this is not practical.
Is it possible to someway define the exchange rates during manual bank reconciliation or avoid the creation of an exchange rate division?
Many thanks
PRG

Hi PRG,
When the Invoice has been made at a different rate and payments are being processed at a rate different from the Invoice, system is bound to create the additional line items for gain/loss on forex.
One option you can look out for is in the OBY6-Company code global settings-Select the check box Indicator: No ex.rate difference when clearing in local crcy.
Thanks
Aravind

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YE Ret Earning Roll and Clear Process produces out of balance.-MA to fix....
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xxxxx-xxx-xxxxx-xxxxx-xxxx-xxx-x-xxx-xx-xx-xxx-xxx-xxx
ENTITY OU PRIME SUB CC PRD R DC ST NW SP STAT FUT
As a result of our year end retained earnings roll and clear process, our stat segment (seg 12) is not balancing and rolling up to retained earnings. Our balancing segment is legal entity. Currently our countries have to perform manual entries to reclass all non 000 stat accounts back to it's original P&L account. Attempting to automate via Mass Allocation.
Currently, working the following formula. However, unable to move from 000 to applicable stat (130 for example)
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C S C S S S S S S S S S S
B 03011-TTT-30100-TTTTT-TTT-TTT-T-TTT-TT-TT-TTT-TTT-TTT
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C 03011-TTT-30100-TTTTT-TTT-TTT-T-TTT-TT-TT-TTT-TTT-TTT
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Hi,
If I understand you correctly, you are trying to move balances from ONE account combination to another right?
So, let's say, my COA is structured as
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B 1
C 1
T 10-130-6110-0000-000
C C C C C
O 10-000-6110-0000-000 (same as A to empty it out)
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sreeni..

In customizing of Electronic bank statement, choose "make global settings for Electronic Bank statement".
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difference, eg.GBP with RM.refer to attachment- I would like to offset
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no answer reply so have to close for no solution.

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Prior to this note 540245:
https://websmp230.sap-ag.de/sap(bD1lbiZjPTAwMQ==)/bc/bsp/spn/sapnotes/index2.htm?numm=540245
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Hi,
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I have an issue with electronic bank processing.
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Hi all,
I'm working with the electronic banking program to import statements and want to clear items from sub ledger accounts automatically.
From the tests I have done so far, it seems that SAP always tries to locate the business partner via the bank details FIRST. In other words:
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Hi Jay,
Open items for G/L Accounts, Vendors and Customers can be cleared automatically by running the Clearing Program
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u2022 Reconciliation Number
u2022 Currency in which the General Ledger is updated
u2022 Four freely definable criteria
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u2022 Accounts must be managed on an open item basis.
u2022 Accounts to be cleared must be defined in customizing.
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AS well see the notes for better understanding.
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Hi,
I am facing a problem to clear the customer open items.
Let me explain the situation.
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Now, I have received a bank statement, when I posted the receipt. When I posted electronic bank statement, the entry the system is going to post is:
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Debit Bank
Credit customer
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Hi,
We are facing a problem with the foreign currency Bank account from which we make payment in foreign currency but when we see the balance in local currency there is a difference.
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Nirmala S.

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Hi
I have connected a MIDI keyboard to the Java synthesizer and can play notes but I cannot access all the instruments in the Soundbank
MidiChannel[] channels = synthesizer.getChannels();
synthesizer.loadAllInstruments(synthesizer.getDefaultSoundbank());
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Should I try new BIOS Versions ? I'm still using good old ver 3.3 and I don't plan to update it, since I didn't find any fix fitting to my problem.
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Ouch ! My fingers hurt ... I've been switching Memory sticks now for some hours just to find out that neither the old nor the newly bought memory stick work in bank 2 and 3.
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Well, yes ... I tried every imaginable permutation - but it didn't help at all.
Yet, I finally saw that one stick is somehow double-sided (top side: chip-gap-chip..., lower side: gap-chip-gap ...), while the other one is not. Maybe that's the reason why this doesn't work. Will ask my vendor for an alternative stick on monday ...
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Shouldn't the computer start properly, when I put one stick in - let's say - Bank 2 and leave the other banks empty ? I thought it doesn't matter in which bank I install the stick ...
Should I try new BIOS Versions ? I'm still using good old ver 3.3 and I don't plan to update it, since I didn't find any fix fitting to my problem.
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Wallenstein

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