Benefits of Maintaining Group Currency

Hi,,,,,
Can anyone tell me the benefits of maintaining Group Currency. An organisation under which i am working has 3 foreign Susbsidiary. In that we have maintained company code currency as per the local requirement as 1st currency.
But any one can tell me the benefit of maintaining group currency.
Regards,
Thnaks in advance.
SAN2008

Hi,
Group currency is maintained at client level so if you are using four company code in different countries and if your parent company is India then your management will want to see balance sheet of other country's company code in INR also.
So, your group currenyc will be INR which is maintained in SCC4. So, when ever foreign company code make posting in their currency like USD, EUR, simultaneously it is also updated in INR.
In report S_ALR_87012249 just select 30 i.e. Group currency in currency type. You will be see your balance sheet in group currency.

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Re :- What is the Importance of Group Currency

My client maintained two company codes having different currencies. But they want to maintain reports only for local currency . In that case I am Activated Groups currencies for the both the company codes. It is correct or wrong.

Hi Ramu,
Yes, please maintain group currency as local currency, so u can consolidate at group level in local currency and report.
Thanks, Ashok

GRIR Maintenence and Clearing for non group currency PO

Hi Experts
I have an issue where I have a PO in say USD where group currency for company is Aus Dollar (AUD)
At Month end, for whatever reason there is a GR/IR balance and we maintain it with MR11 but MR11 balances the difference in group currency (AUD) where all other postings for the PO are in USD.
When we run F.13 or F13E the account never clears as it only clears transactions of same currency. We seem to never be able to clear these (without introducing a large tolerance in F.13 perhaps?)
Any ideas on a way forward?
thanks
AC

Try the finance forum ?
I'd expect all currency amounts to get converted to company currency and I've never known MR11 not to clear balances. Wild guess: have you got required exchange rates in place ?

Valuation Currency not posting Group Currency equivalent

Hi FSCM Experts,
Can you help with this query please? We are activating FSCM FX and Hedge Management components.
We have maintained the Valution Currency as EUR for the company code. The company code has Local Company Code currency of EUR. When the postings to the FI account happen from the TPM1 valuation transaction, the EUR value is only updated in the Loc Curr field. There is no USD equivalent showing in the Loc Curr2 field. There is no value at all updating in the Doc Curr field.
It is required that the values on the GL account also show out in USD equivalent and not just in local currency EUR.
This company code is a USD functional company code. That meas that under transaction OB22 (Additional Local Currencies for Company Code) under sections '1st Local Currency' and '2nd Local Currency' the translation being used is 'Translation taking transaction currency as a basis'. This setting is a fundamental business requirement and cannot be altered.
Due to the fact that the Doc Curr (= Transaction Currency) field is not being updated in the TPM1 posting above, there is no value in the Transaction Currency field and therefore no translation is being done into Loc Curr2 (= Group Currency of USD).
Can you advise is there a way to get the USD equivalent to show on the GL account posting please? For example, is there a way to get the Doc Curr field to be populated when the TPM1 posting is done? If the Doc Curr field could be populated (eg maybe by the Position Currency etc) then the system would be able to do a traslation to USD equivalent amount per the settings in OB22 above.
Thank you for your advise here.

We resolved this using a BADI TPM_ACCIF_TRAC

Alternate Exchange Rate Type Not Picked while converting from Document Currency to Group Currency

Hello Gurus,
We have setup an alternate Exchange Rate type MNB for rate M for the postings happening in Hungary. Local currency is HUF. Group currency is USD.
If the document currency is, lets say, EUR, latest MNB rate is correctly picked up (EUR to HUF) and postings are correctly converted into local currency (HUF).
Although, for the same document, when a group currency is being calculated (EUR to USD), exchange rate type M is being picked up. Same happens if document currency is HUF. Even then, the conversion is based on exchange rate type M.
Is this a normal SAP behavior? How to prevent/correct this? This is also throwing off balances when we check in FAGLB03 or BSEG values in local and group currencies. In OB22, we have local currency1 and local currency 2 setup with exchange rate type M and we may not want to make any changes there as it is setup at global level.
Do we need to run any valuations after the fact? if so, how?
Thank you for your inputs in advance.
Regards,
Sagar

Hi,
You mentioned that "in OB22, we have local currency1 and local currency 2 setup with exchange rate type M". Then, I'm wondering how MNB is picked up for the first local curr. conversion to HUF? It should be 'M' instead. There must be some settings in your instance for such behavior. Can you check that?
Actually, Group Curr. conversion happens with the rate defined for 2nd Loc.Curr.in OB22 which is 'M' in your case. Therefore, all the transactions are converted with M instead of MNB.
Since you can't change OB22 per global co.policy, the exch.rate defined in OBA7 will overrule OB22. However, you've to make sure it's set up for all doc.types which are affected and posted in different curr. than HUF.
As a workaround, another thought would be to maintain the same conversion rate for both exch.rate types MNB & M, for eg. HUF > USD rate is the same both exch.rate type MNB & M. This way, you ensure all transactions are posted with correct exch.rate irrespective of whatever rate type is used.
From business, & global org. perspective, I'm sure they are sending the 'M' exch.rates to all their sister concerns monthly, so they would like to consolidate results as per standard rate in their system. Then, why ,as a local company, would you like to fiddle with standard process? It's a management decision, please run them through again before going ahead.
Thanks,
Nirav

Amount in document currency & group currency is different

dear all,
In my company i have been activated material ledger & parallel currency. I want to make sure is my setting is correct or not and i want give the example:
Material master data:
MAV material :
Company code currecny : 20000 IDR
Group currency : 2 USD
Purchase Order (foreign currency)
PO currency : 2 USD
Qty order : 10 PC
Result of FI document on GR transaction(Exchange rate : 9000):
Document Currency
Inventory 22,22 USD 200000 IDR
GR/IR 20 USD 180000 IDR
ML 2,22 USD 20000 IDR
Group Currency
Inventory 20 USD 200000 IDR
GR/IR 20 USD 180000 IDR
ML 20000 IDR
My assumption, calculate to get amount inventory in document currency & group currency is different,
Document currency:
Previous MAV (IDR) * Qty GR
Current Exchange rate
Group Currency :
Previous MAV (USD) * Qty GR
My question is it correct, amount in document currency & group currency is different. If not correct there is other config to setting that.
Thanks for your help..

see if you have maintain the PO in the some other currency and your local currency is different from the Po currency and if you have maintain in the excahnge rate for the same then the system will calculate the price in both currency and yoy can choose 1SAP Amount in document and local currency and if you want to display in the group currency then maintain the exchange rate and craete the layout and save that you can display in that cureency while you do the invoice the system will show the accounting documents in that way on chossing the correct layout.
Regards
sunny

Depreciation in group currency shows huge differences with local currency

hi,
i am posting depreciation for SG01(Singapore CC).System posts 100 SGD local currency and 20000 MYR in Group currency. I maintain currecncy rates and I checked the rates are correct.Inspite of maintaining the rates correctly.sap posting 20000k as group currency.
Sap should post 100 SGD and 300 Group currency.why system is posting the group currency as 20000.whether any config i am missing or anything i have to maintain.
Any help is greatly appreciated.
Thks
cra

Check translation ratios between SGD and MYR in TCURF table

Group currency update problem

Hi FICO gurus
We have a problem of group currency update.
We have company code currency GBP and 2nd local currency activated (Group currency) also in GBP.
Now when we do postings in FI, some of the FI documents are not updating 2nd local currency amount (Group currency).
Hence while clearing the 2 or more line items in the same GL account we are having a problem of exchange rate fluctuations in group currency.
Does any one know why some of the documents are not updating group currency?
Do we need to really maintain OBA1 configuration (exchange rate derivation)?
Thanks for your reply
Mr GK

Does the ECCS ledger include group/ledger currency in the definition (CXL2)?
Another thing to check is that if the desired GC values are loade in before the translation. If so, the translation method can be changed to "do not translate" for certain items such as the P&L items. This way the values are not changed from the original ledger CAD values as a result of translation.
Edited by: Dan Sullivan on Nov 16, 2011 8:18 AM

Group currency error

we use jpy as local and transation currency, group currency is eur. our GD13 shows 230000 JPY for current asset account in both local and transation currency for Sept.
but GD13 shows negativ - 1300002566 EUR under group currency column, we maintain exchange rate correcly, why GD 13 is showing huge negative value? do we need to apply special notes. thanks

May be translation ration is wrong. Please check translation ratio using the below path.
SAP NW-General Settings-Currencies--- Define Translation Ratios for Currency Translation.

Ledger group currency Vs Company code currency

Hello Experts,
Can any one tell me the difference between Ledger group currencies and Company code currencies in New GL in ECC 6.0?
Also can anyone explain me any scenario where and why we use different currencies in Ledger group and Company code ?
Regards,
Sriram

Hi,
In New GL we can use different currencies for ledgers. We can maintain 3 types of currencies for each ledger. 1st one should be company code currency. You can maintain additional 2 currencies as you choice which assigned to co code and group. You can generate the report in different currencies for each ledger
Thanks & Regards
Assign points if useful

Currency tranlation in case of Multiple group currency

From SAP help:
You want to report in two currencies on the subgroup level: You disclose the subgroup result in the first group currency while reporting the subgroup result to corporate headquarters in their group currency
My scenario:
I have subgroups B,C and top consolidation group as A
Subgroups B, C consolidate in EUR and Group A in USD.
1)
When i want to run my consolidation for sub groups -
All i have to do is go and change the group currency in my Permanent parameters.
Is this correct?
Also - can i use a copy function in this case (i.e. without creating any versions)?
(System does not allow me to specify a source and target grp currency without specifying the source and target versions)
2)
If I want to achieve this by multiple versions
I configure -3 consolidation versions - 001, 002 n 003
Make consolidation unit hierarchy as version dependent (define and assign Spl versions)
In my versions 002, 003 i maintain only the consolidation subgroups B n C respectively.
Create a Copy function which involves-
Three Copy methods X, Y n Z;
One copy Task with method assignment dependent on Company
Assign methods accordingly to each company.
Is this the correct way to do it or is there an alternative through special versions definition for Copy?
Do i have to worry about anything else?
Thanks in Advance!

1. Yes - change grp curr in parameters and execute copy and translation - source and target versions may be the same
2. because you have chosen to use different version for each grp curr, the above mentioned copy must be for differing source and target versions
I see no reason to make hierarchy version-dependent other than to exclude group A from having both EUR and USD grp currs. However, it is perfectly okay to have this dependency.
Unless there is missing information, I see no reason for separate copy methods/tasks or for assigning copy methods based on company.

Zero in Group Currency-FI/SPL

Hi,
There are few invoices in which there is value in document currency and zero in group currency in fi.All exchage rates are maintained well.
Now when we find same invoice in a special purpose ledger the value is both in local currency and group currency.
My questions are
1.How can one maintain value in local currency and zero in group currency for few documents as all have both?
Can anybody explain why this will done and how it will be done?
2.When transfering the document why special purpose ledger is not taking zero in group currency as it is in FI
Can anyone help me on this?
Thanks
Madhavi

Hi,
Generally the Concept of Group Currency will appear in GENERAL LEDGER related Tables (starting with GLT0, and other GLT, GL series tables ) with KSL series fields for 16 periods.
But In Some of our reports we considered DMBE2 (as per client) as Group currency and developed reports.
Regards,
Anji

Depreciation posting Local currency 100 SGD and Group currency MYR 20000

hi,
i am posting depreciation for SG01(Singapore CC).System posts 100 SGD local currency and 20000 MYR in Group currency. I maintain currecncy rates and I checked the rates are correct.Inspite of maintaining the rates correctly.sap posting 20000k as group currency.
Sap should post 100 SGD and 300 Group currency.why system is posting the group currency as 20000.whether any config i am missing or anything i have to maintain.
Any help is greatly appreciated.
Thks
cra

Check translation ratios between SGD and MYR in TCURF table

Activatate second local currency(Group currency)

hi Experts ,
I am going to activate activate second local currency(Group currency) on the current company [ which i close 2 years on it ]
i face serious problem to evaluate the amount has been entered for the previous year is there any to way to evaluate it .

Hello Emad,
To avoid many future trouble, it will be a nice idea to activate group currency at the beginning of a financial year. Acitivate at country level (OY01) and at co.code level(Ob22). Also make sure to clear all open items before activating.
How to evaluate the historical data after activation of group currency needs to be tested.Adding a new currency needs depth analysis about the impact to various modules. Pl see the note-399919 which details the process for maintaining additional currencies.
Regards,
Sam

Enhance 2LIS_03_UM to include Material Ledger and Group Currency

Hi all,
I have searching for a solution for this issue for almost a week now both in SDN and Service Marketplace but seems that there is very less informaton about it.
Background:
We are in the process of implementing the standard content for Inventory in BI and have followed all the steps necessary to initialize and load data. Out data matches perfectly with reports such as MC.1 and MB5L however in the Revaluation datasource there is no provision to pickup other currency type for material price maintained in material ledger.
I have been trying to find some User Exit/BADI either in the V1/V2 posting or during V3 collection run to pick the delta in standard price and Moving Average Price (MAP) for these difference currency types but without any success.
We have total three valuations maintained in the ML (Material Ledger)
10 - Local Currency (this is the only one provided in the standard content extractor)
30 - Group Currency With Group Valuation
31 - Group Currency with Legal valuation
Even if I change the Group currency in MR21 the change is picked up by 2LIS_03_BF and with the field BWGEO blank. This is not surprising since this field is for Local currency only.
I am sure that someone must have faced this issue before where material ledger is active, any help is appreciated.
Thanks
Raj

Hi,
Delta load extracts data from Delta Queue based on your update mode selected in LBWE.
Full Load or Init load extracts data from Setup tables, here if you are extracting data from setup tables ? did you fill the setup tables now or not after deleting the existing data of the setup tables?
are you getting same values when compare to R/3 and BW data for some document numbers?

Benefits of Maintaining Group Currency

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