Configuration for Foriegn currency Valuation

Hi,
I currently work with blueprint and need help to understand one function in transaction code OB59. I can choose one of two fields:
"Determine rate type from account balance"
or
"Exch. rate type from invoice reference"
I have read the two explanations when pressing F1, but I'am not sure I quite understand the function of the two fields.
Does it simply mean that the exchange rate difference is calculated based on the account balance or based on the invoice reference?
Thanks for an answer.
Naja

Hi Naja,
In this you will be determining the currency exchange rate valuation for debit and credit balances for specific document types.  Based on the requirement from the client you determine if it has to standard, intrastate or any specific.
Also you have fields related to valuation procedure based on requirement.
Also go through the below link which would provide more information about transaction OB59.
http://help.sap.com/erp2005_ehp_04/helpdata/EN/96/8b333943ce11d189ee0000e81ddfac/content.htm
Do let me know for any clarification.
Thanks
madhu

Similar Messages

  • Balance sheet adjustment account for Foreign Currency Valuation

    Hi all,
    I know that we enter AP /AR balance sheet adjustment account for Open items account when we configure for Foreign currency valuation with Tcode OBA1 and KDF. I wanted to know what account can I enter in that field for other balance sheet account which are not open item managed?
    Also, Do we valuate GR/IR accounts in foreign currency valuation??  If yes, what balance sheet adjustment account do we enter for those accounts?
    Thank you.

    HI,
    The valuation of <b>foreign currency balances</b> requires a special key that is assigned the gain and loss accounts for posting any exchange rate differences that occur during valuation. You can freely define this key. You then enter it in the master records of the accounts that you want to valuate. To post the differences that are determined from a group of G/L accounts to the same gain or loss accounts, enter the same key for all these G/L accounts.
    Create the Create here with Tcode OBA1 and KDB-Exch. Rate Diff. using Exch. Rate Key
    And assign this in the GL account master in the Control Tab.
    Thanks
    Vijay

  • Settings for Foreign Currency Valuation

    HI
    Can some one let me know the settings to be done for Foreign Currency Valuation.
    Thanks

    Please check below thread
    http://wiki.sdn.sap.com/wiki/display/ERPFI/ForeignCurrencyValuation

  • Foriegn Currency Valuation Ecc 6.0

    When we carry out foreign currency valuation with the FAGL_FC_VALUATION .
    It generates the following postings:
    DB Unrealised Gains  10 ( Example Amount )
    CR Adjustment account  10 10 ( Example Amount )
    So far so good.
    As part of the delta logic at the time of payment/clearing system should post the following posting:
    Dr Vendor 200 (the full invoice amount)
    Dr Unreal gain 10 (reversal of previous entry)
    Cr Bank -190 (Invoice amt - gain from reval)
    Cr B/S adjustment -10 (reversal of previous entry)
    Cr Realised gain -10
    The question now is system is not passing the above entries. Instead of that system, only passing following entry.
    Dr Vendor 200 (the full invoice amount)
    Cr Bank -190 (Invoice amt - gain from reval)
    Cr Realised gain -10
    In our case System creates adjustment postings (to reverse the difference due to valuation previously posted) in the subsequent valuation run.
    Instead of that we want entry should be posted at the time of Clearing.
    Please Clarify.

    Entry to be posted at period end
    Dr-Vendor 200
    Cr-Exchange gain/loss 10
    Cr-Clearing Acc 190
    Entry to be posted at period start
    Dr-Clearing Acc 200
    Cr-Vendor Acc 200
    System should not consider bank account for the same....pls check

  • Original document for foreign currency valuation.

    Hello All,
    I have executed the foreign currency valuation run and posted the documents through batch job. System has successfully created and posted foreign currency document.
    When I am checking the posted document I found there is some wrong posting has been happen for which system has posted a huge exchange rate difference amount.
    when I tried to check the original posting related to this posting through Environment -> Document environment -> original document, system is not navigating me to the original document instead it is showing same posted document.
    Can you please let me know how to check the original document related to the document posted through batch job of foreign currency valuation.
    Regards
    RS

    Hi,
    In that screen itself, select the Document---->other Document. In that give the Orginal Document Number, then it will display the orginial document with foregin currency and local currency.
    Regards
    Sudharsan.R

  • Rates for monthly currency valuation (FAGL_FC_VAL)

    Hi, Experts
    I would like to try to use different foreign currency rate for B/S accounts and P/L accounts when I run the FAGL_FC_VAL.
    Is it possible or OK to set different currency rate for the accounts? ( At the point of  technical view and business requirement view)
    If it is OK and possible, could you tell me what kind of setting do I need to to do?
    Regards,

    HI,
    in FAGL_FC_VAL, in the view "G/L balances" you can flag "Valuate P&L accounts".
    That means in the first valuation run take your valuation area for P&L accounts and valuate them using this flag.
    In the second valuation run take your valuation area for BS accounts and valuate them without using this flag.
    Result: P&L accounts are valuated with one valuation area, BS accounts with the other.
    You can also select the account numbers to be valuated in this screen.
    The account assignment for FAGL_FC_VAL is done using T-Code OB09. There it is defined which accounts are used to post the valuation difference based on FAGL_FC_VAL.
    This can differ for each chart of accounts / account number / currency / currency type.
    Try first in test client, good luck!
    Best regards, Christian

  • Re-posting old documents for Foreign Currency Valuation

    Hi all,
    I have a lot of old documents in the system that were posted with 'only balance in local currency' set in the G/L account master data. Therefore, when I try to valuate them in FAGL_FC_VAL now, they cannot be fx valuated. The client needs them valuated though., and only new documents after the 'only balance in local currency' unchecked can be valuated in FAGL_FC_VAL.
    Does anyone know how to resolve this so the documents can be fx valuated?
    Thanks,
    Edited by: pistols123 on Apr 13, 2011 10:15 PM

    any ideas would be appreciated, thanks

  • Foriegn currency valuation

    Hello expert,
    I am facing the greate problem,
    the scenariois  :
    I am recieving the down payment from export customer @48.25  2000/- usd ==  96500/- inr
    after that the invoice is raised @49.25 of 5000/- USD =247500 /- inr
    and when i do incoming payment [email protected] i am getting payment of 3000/- only because adv payment exists of 2000/- USD
    system shows-
    bank a/c   3000/-  dr    usd                        147750/- inr
    customer a/c  2000/- dr     usd                   98.500/- inr
    customer a/c  5000/- cr       usd                247500/- inr
    realised forex a/c 000 dr     usd                 1250/-  inr
    rest of 2000/- usd is residued in customer which is to settled by down payment clearing
    when i clear down payment the @ 50.25 then system picks the rate of original down payment documentwhich is @48.25 and
    clear the down payment but the rate difference is not reflecting there in document it does 2000/ usd dr and credit to customer .
    suggest whether possible to make appearance of forex difference in down payment clearing why system pick old rate here.

    hi Prem,
    Let me explain your scenerio if you are receiving 2000 USD from your Customer with exchange Rate @48.25  then your FI Document Entry will be like this;
    Bank / Cash                Dr.    2000 USD
      To  Customer A/c      Cr.     2000 USD
    in Local Currency Document will like this;
    Bank / Cash                Dr.    96500 Rs.
      To  Customer A/c      Cr.     96500 Rs.
    Now you are generating Sales Invoice of 5000 USD @ 49.25 here FI Document entry will be like this;
    Customer A/c                Dr.    5000 USD
      To  Revenue  A/c         Cr.    5000 USD
    in Local Currency Document will like this ;
    Customer A/c                Dr.    246250 Rs.
      To  Revenue  A/c         Cr.    246250 Rs.
    Now your Next Step will be Down Payment Clearing T.Code F-39 Clearing
    Here if you clearing Down Payment with Different Exchange rate then there will be a impact but if you are going with same Exchange rate then there will be no impact.
    FI Document Entry will be like this;
    Customer A/c           Dr.  2000 USD
      To Customer A/c    Cr.  2000 USD
    in Local Currency
    Customer A/c           Dr.  96500 Rs.
      To Customer A/c    Cr.  96500 Rs.
    If here your exchange rate is different then it will be considered as  Loss or Gain.
    Now you make incoming payament of 3000 USD @ 49.25 Here your FI Document Entry will be like this;
    Bank / Cash                Dr.    3000 USD
    Realise FX Loss           Dr.       00 USD
      To  Customer A/c      Cr.     3000 USD
    in Local Currency Document will like this ;
    Bank / Cash                Dr.    147750 Rs.
    Realise FX Loss           Dr.       2000 Rs.
      To  Customer A/c       Cr.    149750 Rs.
    here the point is at which rate r u clearing the Down payment that is the important thing but you need to clear down payment before receiving Incoming payment then everything will work fine but if you clear down payment after that system will only clear down payment with Original rate. if you cleare Down Payment before incoming payment then Gain and Loss will come into Picture .
    thx.
    Ganpat SUndhesa

  • Foreign currency valuation configuration

    HI, experts
    can youone send me the detail configuration of foreign currency valuation , my id is - goutam.jena at genus.in
    thnxs
    goutam

    Hi,
    Initially you have to define the valuation mwethod in "OB59"
    then you will have to assign gl accounts in "OBA1"
    now you post vendor invoice with different date and exchange rate(eg. USD 42) and take different date with exchange rate (USD 40) for Vendor payment.
    Now you can see the difference in exchange rate which is to be valuated.
    Please let me know if you have any concerns,
    Hope understood and assign points if you get through.
    Thanks,
    Vasu..

  • Post foreign currency valuation for special G/L accounts

    Dear experts,
    Our client wants to evaluate the balance of down payment account after each partial clearing with invoice.As down payments are being posted by special G/L indicators, they are not able to post to the down payment account directly.
    and there is no possibility to post foreign currency valuation by SG/L indicators in F-05 and FBB1 transaction codes.
    Could you please tell me how we can evaluate a SG/L account directly?
    Best Regards,

    Hi Rezvan,
    That is not possible also this is not required.
    Because unrealized gain/loss we post to Balance sheet adjustment account and Fx gain/loss accounts.
    We don't post any differences directly to sub ledgers.
    you can use F.05 or FAGL_FC_VAL trasanction for Foreign currency valuation.
    where you can have option of valuate the Spl GL too in selection screen.
    Also
    When you select Vendor option in FAGL_FC_VAL, program valuates all the line items including special gl items.
    And this valuation difference can be posted to balance sheet adjustment account which you maintain in OB09.
    Regards
    Atul

  • Please help  - Foreign currency valuation

    Hi,
    I have a query about foreign currency valuation
    As per my knowledge, when we run F.05 for foreign currency valuation, it valuates the open items in foriegn currencyand reverses them the next day.
    so the original invoice will not have any valuation difference
    ( more data > valuation diff) will be zero.
    NOW, if the invoice has valuation diff what does it mean?
    Please help me on this....
    Regards,
    Jay

    Below information may be useful to you-
    You have the following options for valuating open items in foreign currency:
    Saving the exchange rate difference per document
    You can define that in addition to being posted, the exchange rate differences are saved per document. This information is then available for subsequent evaluations, for example, Transferring and Sorting Receivables and Payables
    To do this, select the indicator Valuation for FS preparations on the Postings tab.
    The exchange rate differences saved in the document are taken into account for payment clearing:
    Unrealized exchange rate differences
    When you valuate open items in foreign currency, the exchange rate difference determined is posted as an unrealized exchange rate difference.
    Realized exchange rate differences
    For an incoming payment, that is, when you are clearing the open items, the current exchange rate is determined. The unrealized exchange rate difference determined from the line item is taken into account.
    If the first valuation results in an exchange rate difference of 30 DEM, and the current valuation results in an exchange rate difference of 10 DEM, an exchange rate difference of 20 DEM is posted and 10 DEM is saved in the line item as the final valuation difference.
    Reversing exchange rate difference postings
    You can define that the exchange rate differences posted are automatically reversed one day after the valuation run by an inverse posting.
    You therefore have the option of determining exchange rate differences at any point in time without this valuation being taken into account for the creation of financial statements or for payment clearing.
    To do this, select the indicator Reverse postings on the Postings tab.

  • Customisation for foreign currency revaluation

    I have to post the revaluation for GL accounts like VAT gl accounts to a GL account XXX. I have maintained the GL accounts for which reval needs to be calculated in the variant of the  job FAGL_FC_VALUATION . after this, where this account XXXX should be maintained ?

    Hi Rudra,
    It is not for all GL's that system will carry out revaluation. Only when you define the GL's in customizing in SPRO will you get the revaluation done in FAGL_FC_VALUATION.
    For this Go to
    SAP Customizing Implementation Guide  Financial Accounting(New)  General Ledger Accounting(New)  Periodic Processing  Foreign Currency valuation  Prepare Automatic Postings for Foreign Currency Valuation
    On the Maintain FI Configuration: Automatic Postings-Procedures, choose Transaction KDF and make the entries:-
    You need to maintain One Gain/Loss account which is a P/L account and that gets posted when you make payments during the month and it is realized gain/loss. But if you want to post it at month end for open items then you need to enter in val Loss 1/Val Gain 1 and this GL gets posted when you run this transaction FAGL_FC_VALUATION.
    Bal Sheet Adjust.1 is the account to which AR/AP adjustment is posted to.
    Hope this helps..
    Regards,
    SAPFICO

  • Reg Foreign Currency Valuation.

    Hi,
       After running F.05 ( A Difference in rate is maintained ).
    Select  postings , the posted documents are displayed, In the document there is a GL account present after the amount column.
    Just want to know as to where this configuration is done.
    Thanks.

    Hi Manju
    There is a step to do the basic setting for forigen currency valuation which are below:
    1.Define Valuation Methods -OB59
    2.Creation of G/L Accounts -FS00
    3.Prepare Automatic Postings -OBA1
    4.Term Loan Receipt in Foreign Currency -F-02
    5.Enter Exchange Rates -OB08
    And then finally will go for Foreign Currency Balances Revaluation (Forex Run) -f.05.
    Thanks & Regards,
    Akash Shrivas

  • Foreign Currency Valuation Values Conversion

    Hello SAP Experts!
    We are migrating from 4.6B to 4.7 and we are working in the vendor, customer and G/L accounts open items conversion.
    In the present system (4.6B) the users use transaction F.05 for foreign
    currency valuation with the flag "Bal. sheet preparation valuatn" activated. This means, that the valuation difference is not reversed
    but it is stores in the field BSEG-BDIFF of the affected open item.
    Now we are trying to convert those foreign currency open items with a
    batch input to transaction FB01. However, the fields BSEG-BDIFF do not appear in the dynpros and we could not find a way to make them optional to enter the value of previous revaluations.
    We have thought of transaction F-05, but there is no way there to reference the revaluation that is being posted to the affected open item. T
    If we do not enter this amount in that field we will have problems
    after the go live to pay those items, as the "Bal. sheet adj. 1"
    account balance will never be zero and the gain/loss accounts for exchange rate difference will be duplicated.
    Do anyone know how can this be done?
    Hope you can help me on this one.
    Many thanks in advance.
    Regards!
    Noelia

    Hi Dominic!!
    Thanks a lot for your answer. Yes, they are separate systems
    Let me see if I understand your suggestion:
    1) I should do a manual posting through F-05 in our 4.6B system bringing the balance adjustment account and the exchange rate difference account to zero.
    2) Transfer the balances to 4.7.
    3) In the first closing period run the automatic foreign currency valuation
    (through F-05) with the flag "Bal. sheet preparation valuatn" deactivated so that the system revaluates the open items from the time the open item is created to that moment.
    is it like that?
    Many thanks for your help again!
    Best regards,
    Noelia

  • APP RUN Error -Foriegn Currency

    HI Guru's,
    Iam trying post  APP run for Foriegn currency showint following error..
    Job started
    Step 001 started (program SAPF110S, variant &0000000004436, user ID RJRAO)
    Log for proposal run for payment on 21.08.2008, identification T4
    >
    > Additional log for vendor 302289 company code G1SG
    >
    > -
    Payment method selection additional log
    > Payment method selection for items due now to the amount of USD       25,000.00-
    > Payment method "B" is being checked
    > Bank details are being checked
    >    Customer/vendor bank details are being read
    > Country SG / Bank number 7375048 / Account 3043051758 ...
    >     Customer/vendor bank details are being checked
    >   System reads house banks and checks if they are allowed
    >   House bank is selected ...
    > No suitable bank can be selected for comp.code G1SG pmnt meth. B curr. USD
    > Payment method "C" is being checked
    > Payment amount is not within the limits allowed ( 0.00 - 19,999.99 )
    > Payment method "I" is being checked
    > Bank details are being checked
    >   System reads house banks and checks if they are allowed
    >   House bank is selected ...
    > No suitable bank can be selected for comp.code G1SG pmnt meth. I curr. USD
    > No permitted payment method exists
    Information re. vendor 302289 / paying company code G1SG ...
    ... payment not possible because of reported error
    End of log
    Job finished
    regards
    Dhana

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