Change Local Currency For Company
Dear Expert
I Want to change local currency for company that already have a data.
So From 1996 - 2010 that company used local currency SGD. Now 2011 will be change to USD.
all previous data no need to change.
Can I just change local currency in T-code UCWB?
Thanks
Yes all previous data will remain the same and only the opening balances and onward have the new local currency.
Make the master data change as well as including the translation method in the balance carry forward task in the configuration (UCWB) before it is executed. This will cause the balance carry forward to translate the old LC to the new LC for the opening balances.
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[Parallel Currencies in Financial Accounting|http://help.sap.com/saphelp_47x200/helpdata/en/e5/0782c54acd11d182b90000e829fbfe/frameset.htm]
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Hi Experts,
I have a client that need to change the local currency. now it was IDR and then they want to change to USD.
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you are correct in saying that you will have to create a new database. Before doing so, please keep in mind that all transactions in a company are held in Local Currency (LC), all tax reporting, financial & accounting reporting is done in LC. You might check with a qualified accountant in the country whether it is permissible to use another LC than is actually used in the country. If your client is located in Indonesia, he maybe could use IDR as LC & then can employ USD as system currency (SC). All financial reporting can be done in SC, every JE is posted in SC as well (except RU journals).
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Kerstin -
Amount in local currency for GRs
Hello gurus,
can anyone please explain to me this phenomenon:
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Thanks
AliciaHi
The problem is due to non sequential operation.
Generally,
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Inventory (Dr) and GR/IR ( Cr.)
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GR (122): -7 pcs., $6,17 (goods return)
Till now it is o.k
Now : IR: 1 pc., $ 7,73 (wrong IR, 1 pc instead of 10) : Unit price is 7.73$.
GR (101): 10 pcs., = 1 pc. price from IR ( 7.73) + 9*(.86) = 15.47$
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Guru's
Can any one help me on this.
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Hello,
i am not sure if this is the right forum, but i try it.
I have a MTO for that i see in the material document a price in the field " Amount in Local Currency".
But this price is much lowver then the sum for all packaging and semi finished products.
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If i look in the material master cost2 the CDT is higher than this price.
So is it possible to see the precalculation for the prodcution order somewhere.
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