Bank to bank transfer with multiple currencies

Dear All,
Please guide me on the following transaction where there is funds transfer from one bank to the other bank of the same company:
CoCode currency: INR
Transferring Bank: USD
Receiving Bank: EUR
The user needs to transfer funds from the bank where company is having account in USD to the bank where company is having account in EUR. User will pass only one accounting document, where the sending bank accouont should get credit in USD and receiving bank account should get debit in EUR. Foreign exchange if any should get automatically calculated and posted to the respective accounts.
Which module of SAP supports this kind of transaction (whether is it SAP-FI-Bank Accounting or SAP-Banking or SAP-FSCM).
Please let me know if I need to refer some notes or sites where some guidance is given on this type of transaction.
Thanks,
Amish.

Hi,
You have to configure Forex Settings for these currencies. Then you have to post this business transaction.
Thanks
Chandra

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Bank Payment with Three currencies at a time

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My system is set up local and system currency being the same, but like this it canu2019t manage three currencies it only looks at the local and BP currency when doing a payment not giving me the option to pay in USD. Itu2019s important because when I pay my client out of my USD bank account into their EUR account the system only keeps track of the exchange rate between my local and bank currency and I need it to keep track of both EUR to USD and USD to ZAR.
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Hi Ronald
I had a similar issue with Namibia where they can accept Rands or Namibian Dollars as the Namibian Dollar is linked to the Rand through our Reserve Bank at 1:1. It is a bit tricky to handle but here goes. You could consider using an interim account for the incoming payment to offset in EUR. Then use a journal to transfer the EUR to the USD account. With other words under bank transfer in payment means, choose an interim account instead of the bank account. Then do a journal to transfer the EUR into the USD account. Only problem is that any exchange rate gains or losses must be posted manually.
Give me a call on my cell if you need more assistance
Kind regards
Peter Juby

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Dear all,
I of our Client has issue-- that i want post a wire transfer to vendor with out using APP.
thanks & regards
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Hi Rajendra
1. You need to check with your client which bank they are going to use
2. Check with the Bank the file format they are looking for - XML or TXT, etc
Also ask them the contents of the file, the fields they want in it and how they must be populated
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4. If they dont provide, you may have to write your own program to generate the TXT file
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Br. Ajay M

Manual Bank Statement for multiple Currencies

Hi All
I need to configure the manual bank statement for FF67 to hit 2 different accounts based on the Currency.
For example - if I give my rules in customizing - to pick account that ends with a +++++++++30 for foreign currency and again specify a rule to pick accounts that end with ++++++++80 for EUR. It always picks the first account on the rule.
And on my account symbol assignment to Account step - I am sepcifying the currency for the EUR.
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This is not possible.
See your FI12, for every house bank and account ID, you have given transaction currency.
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company code currency - USD (10)
group currency - CAD (30)
index currency - USD (50)
transaction currency - CAD
When I execute F.05 for valuation of CAD open item in currency code 10, the program only posts adjustments to the company code currency 10; no postings to
index currency 50. As a result, my Revaluation document does not have balanced company code currency and index currency.
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Open item                     = CAD 1,000
company code currency = USD 990
group currency              = CAD 1000
index currency              = USD 990
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This adjustment is only posted at company code currency; no posting for Index currency.
As a result, company code currency is USD 995 but index currency remains at USD 990.
Pls. advise corrective measures.
Thanks!

Currently, I have the following settings:
Chart of Accounts           xxxxx
GL account                    xxxxx
Currency                        blank
Curr type                        blank
F.05 calculates foreign currency adjustment based on above. I tried your proposed solution, and added new entries for currency USD and curr types 10 & 50, but still the program does not post to curr 50, only to curr 10.

Reagarding BP Balance' display with Multiple currency

Hi,All.
The scenario is as below
Local currency : AUD
some BP generate 2 AP invoice by BP currency which are USD and TWD.
Althought the outpayment have generated accroding to related 2 AP invoice , I check the BP balance report display some asterisk .The user can not see the balance(FC).Please give me suggestion.
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Hi Gordon,
Thank you . but I 'm so puzzled.You mean the one BPcode is related to one currency ,or it is show asterisk in BP Balance Report.
Now that it is common regulation in sbo,I want to konw why in BP module currecy can choose the multi-currency . The multi-currency is used for what 's other function.
Please advise.
Regards
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PIR with multiple currency

Hi Experts,
Is it possible for the purchase order automatically choose the condition price according to the header currency?
I've maintain 2 PB00 condition type in the purchase info record, 100 usd/1pc and 100 jpy/1pc.
And now when I create the purchase order nomatter in USD or JPY, the system only choose the 100JPY/1PC for pricing, ignoring the 100USD/1PC.
Any good ideas?
Best wishes.

Hanhan Zhuang wrote:
Hi Experts,
>
> Is it possible for the purchase order automatically choose the condition price according to the header currency?
>
> I've maintain 2 PB00 condition type in the purchase info record, 100 usd/1pc and 100 jpy/1pc.
> And now when I create the purchase order nomatter in USD or JPY, the system only choose the 100JPY/1PC for pricing, ignoring the 100USD/1PC.
>
> Any good ideas?
>
> Best wishes.
This idea does not work. there can only be one valid condition at a time. SAP does not pick the condtions from an inforecord according to the currency chosen in the PO.
It is even not really logical to have 2 prices in different currenies for one vendor/material combination.
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Multiple currency transaction with DI not possible

Hi all!
I'm trying to make a jounral entry with multiple currencies. For example I want to book on Debit in EUR and on Credit side in USD. When I want to add the journal entry I got an error:
Transaction includes more than one currency.
I can reproduce the error in Business One, making a Journ Entry in the form. But there I have a form setting called "Allow multiple currency transactions". When I check it I can add my journal entry without any problem.
Can anyone help me find a solution in this?
As the Add-on I'm developing is a stock-exchange reporting tool and it passes journal entries to B1, multi currency transactions are regular task
Thanks!
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Ok, I find a solution by myself.
In the AdminInfo object is a property called MultiCurrencyCheck. When this is set to cc_NoMessage, I can save the journal entry.
If you want to change this setting in Business One:
Select Administration --> System Initialization --> Document Settings --> Per Document tab --> Journal Entry tab
There is a check box "Allow multiple currency transactions". The description is wrong and it should say "Block multiple currency transactions", like the other. When it is unchecked, I can make multiple currency transaction otherwise not.

PO multiple line items -multiple currency

Hi,
I had one issue.
Can I create PO with multiple line items ,with multiple currency ?
E.g 2 line items one line item with INR and second with USD.
I tried I am not able to create PO , But its allowing to create the same for Scheduling agreement and Contracts.
E.g I create a Contract with two line items.
one line item with INR and second with USD.
But the Header Currency is fix either INR or USD whatever u select before creating the contract remanins same and cannot be changed later.
Q :Is this correct ?
Q: what will contract vaule in this case in USD or INR .
Please see if u can add some in puts.
Thank you
Regards
Amar

Amar,
You can create a PO with multiple line item, but you can not create the PO with multiple currency.
Regards,
Manish

Multiple currency planning and budgeting?

Hi all
We are having a requirement of planning and budgeting in same WBS with multiple currencies and also seeing reports in different currencies on single screen.
Now has anybody explored this area and has anything to suggest.
Thanks in anticipation
Raman

Hi Raman
The following is the literature from SAP on the subject. You may find it useful.
Planning and Budgeting in Any Currency
Use
International groups often use one uniform company code currency (group currency) in CO. However, it may be necessary to plan and budget in the respective local currency as the majority of costs will be incurred in the local currency. The local currency is usually the corresponding company code currency.
Previously only budgeting of jobs (orders and projects) was possible in the local currency.
From Release 4.70, you can also budget investement programs in the local currency. In addition, it is possible to plan investment programs, appropriation requests and jobs directly in the local currency.
As was previously the case for orders and projects, plan and budget values for investment programs and appropriation requests are also saved in both the controlling area and local currencies defined in the master record of each object. If you change or re-specify the exchanged rates used, it is now possible to recalculate the values in the local currency using the values in the controlling area currency, and vice-versa.
In reporting for IM, it is even possible to calculate evaluations in any report currency (plan, budget and assigned values). If the values are available in the specified report currency, they are issued unchanged. If they are not available, they are converted from the controlling area currency into the report currency.
Effects on Existing Data
Before Release 4.70, the plan values for appropriation requirements, were only saved in the controlling area currency. This was also the case if a local object currency was specified in the master record for the appropriation requirement. From Release 4.70, the plan values for appropriation requirements are always saved in the controlling area and local currencies. Therefore, you must adjust appropriation requests that were created in an earlier release and use a local currency that varies from the local object currency. The easiest way to do this is to use the program RAIMCRC2 to recalculate the plan values in the local object currency for appropriation requests whose plan values are in the controlling area currency (transaction IMCRC2, menu path: Financial Accounting -> Investment Management -> Appropriation Requests -> Tools -> Recalculate Currency Plan for Appropriation Requests). Before you run the program, select the relevant option in the Process Control section of the initial screen.
Effects on Customizing
Adjustment of Planning and Budget Profiles
To enable the planning of investment programs, appropriation requests and jobs in a transaction currency different to the controlling area currency, you must adjust the relevant planning profiles.
To enable the budgeting of investment programs in a transaction currency different to the controlling area currency, you must adjust the relevant budget profiles.
In the planning currency (or budgeting currency) section of the planning (or budget) profile, you must define the transaction currency in which planning (or budgeting) is to be executed:
Only in the controlling area currency (default),
Only in the object currency
(= local currency defined in object master record ) or
In a transaction currency chosen at the start of planning/budgeting
(this option is not possible for appropriation requests).
In the planning or budget profiles, you must also define the exchange rate types to be used for the conversion of total values that are not dependent on the fiscal year.
To adjust the planning profiles, use the process steps:
Maintain Planning Profiles (investment programs)
Maintain Planning Profile for Cost Planning (appropiation requests)
To adjust the budgeting profiles, use the process steps:
Define Budget Profiles for Investment Programs (investment programs)
Exchange Rate Types
In the fiscal-year-dependent data of the CO planning versions, you must also define the exchange rate types to be used for conversion of plan values that are not dependent on the fiscal year.
For conversion of fiscal-year-dependent budget values and fiscal-year-dependent plan values of appropriation request variants not yet assigned to a plan version, each exchange rate type is taken from the fiscal-year-dependent data of the CO planning versions 0.
As the plan or budget values are stored in the transaction, controlling area, and local currencies, the exchange rates used must enable the conversion of the transaction currency into the controlling area and local currencies. Where necessary, the exchange rates used must be extended.
To enter the exchange rate types, use the process step:
Define Versions (investment programs)
Change Planning or Budget Currency
If you always planned or budgeted existing investment programs/measures in the controlling area currency, it is not subsequently possible to change the planning or budget currency to the object currency in the planning or budget profiles. This conversion is not prevented in Customizing, but leads to an error when you next plan or budget existing investment programs/measures. Alternatively, you can convert the planning or budget currency into the transaction currency in the planning or budget profiles, and set the object currency indicator as default.
A similar restriction does not exist for appropriation requests. You can change the planning currency in the planning profile at any time.
Use the process step under "Adjust the Planning and Budgeting Profiles".
Detailed Planning
When you call up detailed planning from structure-based cost planning or revenue planning, the standard SAP planning profiles are used, to which the standard SAP planning layouts are assigned. These planning profiles cannot be changed in the planning transactions. Import the standard SAP planning layouts 1-401-IM, 1-402-IM, 1-403-IM, 1-701-IM, 1-702-IM and 1-703-IM using the transaction OKBF from client 000 in your client.
To execute the import, choose the process step:
Import Standard Planning Layouts.
Reporting Currency for IM Reporting
In IM reporting, if you want to be able to specify a reporting currency that is different to the controlling area and object currencies used in the investment program items or subordinate appropriation requests and measures, another exchange rate type is required for the due conversion of plan, budget, or values into the reporting currency. You define this exchange rate type in Customizing for the program type for the investment program to be reported ( Group Reporting).
To enter additional reporting currencies, use the process step:
Define Program Types (investment programs)
you may also refer the following link in SAP help on the subject
[http://help.sap.com/saphelp_47x200/helpdata/en/86/98853478616434e10000009b38f83b/frameset.htm]
Venu

House bank with three currencies for bank statement

Hi,
I need to know, how I can customize a house bank that has one account with thee different currencies (usd,gbp and eur) for the bank statement ??
Thak you,
OSCEL

Hi,
An account can be only of 1 currency.
For same House Bank, you can create multiple Account IDs (and Bank accts) in different currencies. But each of those Account IDs (and Bank accts) represent differrent physical accounts at the House bank.
Manish

Cross currency FIBLFFP bank transfer

Dear Experts,
Our customer requirement is to post cross company code and cross currency bank transfer.
However FRFT_B can't enter the local currency amount. So I use tcode FIBLFFP instead.
my questions are:
1) since bank reconciliation (FF67 & FF.5) selects FI document by document currency (bank account currency), so the bank account with currency differs from the bank transfer document can't be cleared automatically and must use post-process in the next step which may incur unnecessarily gain/loss if different posting date from the bank transfer document.
Can SAP bank transfer post according to bank account currency?
For example,
Transfer bank A (SGD) to bank B (USD)
posting entries are:
1) Dr cross company bank transfer    SGD
    Cr bank clearing A                          SGD
2) Dr bank clearing B                         USD
    Cr cross company bank transfer    USD
Currently SAP posts both into USD since bank account currency is in USD and local curr is SGD,
2) once FIBLFFP is saved, system just posts with payment request clearing account and we have to do F111 again.
Is it possible to auto post the F111 immediately?
3) How can we configure to select document for clearing when doing bank recon statement via local currency instead?
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PNS

Hi,
You have to configure Forex rates in OB08 screen.
As per your company code currency INR, you have to display the reports in INR correct.
then configure like this
1:1 USD to INR
1:1 EUR to INR
1:1 USD to EUR
Try with this belwo scenario
Then post Transfer entry usitng T Code F-02 and enter Currency in you want to transfer
If you posted in USD then it stores with USD and report displays with INR
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Thankss
Chandra

Problem with creation of Bank Transfer file by standard Payment Wizard

Hello,
I am currently trying to check if the file created by the Payment Wizard is gathering the appropriate data for Bank transfer payment.
All the steps of the wizard are undergone successfully. However, no file is created or updated.
Do you have an idea of what would be related to this problem and what could be the solution ? All the bank and accounts information are in the database, so basically nothing is missing as for data.
Is the path for the file location important ?
Do I have to create the file before and with an appropriate format ?
Thank you for your help !
Francois

Hi,
First of all you need to verify that you have allocated a bank file format for the particular payment method. I assume that you have since you are able to successfully generate the payment run. Once you reach the last step which is step 9 of 9 where you are able to print reports carefully observe and locate the bank file icon to the bottom right of the screen. Once you click on that icon you will be able to select the output file location and need to complete the test run successfully whereafter you need to execute the production run. Once the production run has been completed the output file will have been generated.
Regards,
Andre

Outgoing payment with Payment Wizard with Bank Transfer

Hello to everyone !!!
I'm Configuring a Company who want to use the 'Payment Wizard' to make Outgoing Bank Transfers payments with it.
I did the configuration in 'Payment Methods' of Outgoing Bank Transfers, where I chose a File Format from the list (Even I don't know which one should I choose) and I also chose de 'House bank', bank and account where the Outgoing Bank Transfers will come.
At the time when I did the payment wizard it suggest me to make an outgoing payment of my due A/P invoice very well. The problem is in the next step (STEP 7) when i run the execution and in STEP 8 it says:
0 Payments were added
0 Bank transfers were added
So, It did not make any bank transfer Transaction!!!! =S
Someone knows what i'm missing from the configuration???
Someone knows if this is a bug??
Thanks for your Help!!!!

Hi Karina,
please see the info from SAP Note 725786. The note is currently being updated with the new information relating to system behaviour in version 2007 & should be released again shortly:
In order for the payment wizard and subsequently the payment engine to
work properly, SAP Business One must be defined correctly as follows:
1. Define the House Bank:
a) Administration -> Setup -> Banking -> House Bank Accounts - Setup.
b) Choose the Bank Code, Country and Account Number.
c) If the business partner bank is a postoffice bank, tick the Post Office box.
d) Update the window.
e) Enter into the House Bank Account Setup winod again and enter the Branch and the account number of the corresponding G/L Account.
f) Update the window.
2. Define Business Partner bank:
a) Administration -> Setup -> Banking -> Banks.
b) Choose the Country Code, Bank Code and Bank Name, if necessary Swift number.
c) If the business partner bank is a postoffice bank, tick the Post Office box.
d) Update the window.
3. Define Payment Methods:
a) Administration -> Setup -> Banking -> Payment Methods.
b) Enter the Payment Method Code, Description and the Transaction Type.
c) Select the Payment Type and the Payment Means.
d) In "File Format" choose the correct plug-in for the transaction (refer to the Payment Engine Online Help for the correct plug-in for the transaction you have defined).
e) Select your House Bank for this particular payment method.
f) Select the validation options and remember to tick Post Office Bank, if the bank is a Post Office Bank.
g) If the outgoing payment is by cheque, restrictions can also be defined here.
h) Add or update the window.
4. Set up a Business Partner for the payment wizard:
a) Business Partner -> Business Partner Master Data.
b) Under the "Payment Terms" tab, enter the bank country.
c) Enter the account number and the branch, update to return to Business Partner Master Data.
d) Under the Tab "Payment system" tab, tick the desired Payment Method to include it in a payment run.
e) Under the Tab "Payment system", select the house bank that was defined for the desired payment method used for transactions with this business partner.
f) Update the window.
5. Generate invoices for this business partner.
6. Define the standards for the payment run:
a) Banking -> Payment System -> Define Payment Run Defaults (In 2007 A version the path is: Administration -> Setup -> Banking -> Payment Run Defaults).
b) Define tolerance days, cash discounts etc as needed.
c) Define minimum and maximum payments if necessary.
d) Tick the box beside "Payment Methods".
e) Click on the radiobutton beside "Payment Methods" and select the payment method(s) to be executed in this payment run by putting a tick in the tick box.
f) Update the window.
7. Open the Payment Wizard (Banking -> Payment System -> Payment Wizard).
a) Select a new payment run - Step 1.
b) Click on "Next" and define the Payment Run Name and the Posting Date, the payment type and the payment means - Step 2.
c) Click on "Next" and select the business partners to be included in this payment run, make sure that the tick box for the relevant Business Partner Name is ticked - Step 3.
d) Click on "Next" and define the document parameters - Step 4.
e) Click on "Next" and select the payment method this payment run is applied to by ticking the box to the left of the payment method code - Step 5.
f) Click on "Next" and tick the payment number for the business partner to be included, individual invoices can be selected by clicking on the "Expand All" button and either selected or deselected. This also applies to Credit Memos (and to manual Journal ENtries in 2007 A). Click on "Non-included Trans." to identify any troublesome transactions - Step 6.
g) Select to either "Save the selection criteria", or "Mark as recommended" to process at a later point in time or select to "Execute" immediately - Step 7.
h) In Step 8, you are given the Payments Run Summary.
i) If you selected to execute the payment run, in Step 9 the Document and Report Printing options will be displayed. To generate the bankfile and any associated documents relevant to your localisation, click on the radiobutton "Bankfile".
j) A "Browse for Folder" window will pop up where the destination directory of the output files must be selected. Once a folder was selected and "OK" was clicked, the payment engine will take the data out of Business One and create the defined files.
k) Once the procedure has completed, an information system message will be displayed: Payment Engine run was successful"
8. Go to the destination folder and check the logfile and the bank file(s).
All the best,
kerstin

Payment proposal for vendor with multiple bank accounts

Hi there,
I'm currently dealing with payment proposals (F110) with two conditions:
1): several documents with different currencies are attached in the same payment run (one in GBP, one in USD and one in EUR)
2): several banks are defined for that vendor in the master data. We assume that that three banks are defined in the master records (one in GBP, one in USD and one in EUR)
We started developing a user exit to find a way to have the correct bank selected in depending on the document currency; it worked but only for one document-->payment is done to the right bank account even if the vendor has different bank accounts. Whenever several documents for the same vendor are included into the payment proposal, only one bank is selected out of our program, corresponding to the first document.
I wonder if there is a way for setting up a bank selection in another way.
NB: the partner bank type solution within the document is not an option as the sites (which are creating the PO) don't know about bank details and therefore don't indicate anything.
Thanks for reply!
regards,
FX

When you enter bank details in master, update field "Partner bank type" LFBK-BVTYP with free form value, may be currency is good choice.
During invoice entry, this field is available for update, update which bank to be used for payment of this invoice. You may build logic to populate this field, like substitution to populate currency in this field during invoice posting.
During payment, system checks value in field Partner bank type in invoice and selects corresponding bank.
Hope this helps.

Bank to bank transfer with multiple currencies

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