Currency conversion -company code
Dear experts,
Can any one explain how currency conversion will be done for company code. i.e. Euro conversion for European countries.
Regards
babu.
Hi,
Hope this is helpful to you.
http://help.sap.com/saphelp_oil472/helpdata/en/70/23cecf419311d2ac100000e829fbfe/frameset.htm
Chill Madi
<Raghu>
Similar Messages
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Deleting currency from company code
hi Guys,
I would like like to delete currency from company code. I have tried to delete it through IMG but i am being given the following error:-
Cannot delete currency because it contains transaction data.
May you please show how i can delete the currency on company code if possible.
Best regards.
Stitchhi,
you cannot delete your currency from comp.code.
if you've a curr-conversion ask your SAP consultant / OSS
Andreas -
Material Ledger Additional local currencies for company code
Hi Expert,
I would like to add a second local currency in the "Additional local currencies for company code" in order to have 2 currencies available for material ledger. (Material ledger is not yet activated for this company code)
The second local currency must be the group one "30". Could you please tell me wich valuation I have to choose ? 0 1 or 2.
I went on the SAP library but I didn't find something clear. I tried 1 but I have an error message...
Thanks and regardsHello,
I also recommend:
1442153 Transfer price valuation for material transfers
532932 FAQ: Valuation logic with active material ledger
1253944 Activating actual average moving price posting logic w/ ML
Cheers -
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,
SriramHi,
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 -
Deleting parallel currency not base currency in company code
Hi Guys,
I want to delete parallel currency not base currency in company code. We defined the new currency ZWP and our base currency is ZWD. I am able to delete through SPRO but in CO its saying we cannot change currency code again. Is there a way to go around the problem?
Best regards,
StitchDear:
Check out currency assigned to the co code in OBY6.
Regards -
Transfer Pricing Utilizing Third Local Currency in Company Code?
I was wondering whether utilizing the third local currency under the "Additional Local Currencies for Company Code" section of the IMG would not allow you to use Supply Chain going forward because that third local currency must be saved for Transfer Pricing in PCA?
I ask because we have an Company Code that's local currency is EUR, and the group currency is USD. However, we also need this specific entity to report by GBP for consolidation with the UK entity. Let me know if you have any questions.Exactly prakash, but is there a consequence by not using company code currency as the local if we want to produce reporting but with the hard currency ?
What is the difference between using "local" (used day to day) currency as company code currency and using it as hard currency ? Is there an issue to convert exchange rates to produce statutory reporting ?
I hope my question is clear.
Thanks a lot. -
Query on Additional Local Currencies for Company Code
Hi Experts,
Can I know whether there are any differences in the way SAP logic applies to the following currency types?
1. Hard currency 40
2. Index-based currency 50Hi,
Yes I am aware that we can maintain 2 additional parallel currencies for company code.
Hard currency
Hard currency is a country-specific second currency which is used in countries with high inflation.
Index-based currency
Index-based currency is a country-specific fictitious currency which is required in some countries with high inflation for external reporting (for example, tax returns).
But, are there any differences in standard SAP logic between these currencies or it is the same? -
Additional local currencies to company code- OB22
Hi All,
Could you please tell me, why do we need to assign two more additional local currencies to company code(which scenario), and what we are achiving by assigning two more additional local currencies to company code.
Regards,
Suresh Patipati.Dear Suresh Patipati,
Please review the following links:
[Parallel Currencies in Financial Accounting|http://help.sap.com/saphelp_47x200/helpdata/en/e5/0782c54acd11d182b90000e829fbfe/frameset.htm]
[Parallel Valuation Methods and Currencies|http://help.sap.com/saphelp_47x200/helpdata/en/e9/00f61d416b11d6b20800508b6b8a93/frameset.htm]
Here you can find a detailed documentation.
Regards,
Antje -
Local currency vs company code currency
Hi
Can company code currency is diff. from local currency ?
In 90 % cases co. code is always local ..
Thank you
VedavateeExactly prakash, but is there a consequence by not using company code currency as the local if we want to produce reporting but with the hard currency ?
What is the difference between using "local" (used day to day) currency as company code currency and using it as hard currency ? Is there an issue to convert exchange rates to produce statutory reporting ?
I hope my question is clear.
Thanks a lot. -
Local currencies for company code RCPL cannot be completely determined
Dear all
how rectified below error
Local currencies for company code RCPL cannot be completely determinedHI,
You can Refer this Post
error message when i use f-02 transaction
Check the necessary setting with the help of FI consultant ( do not make any changes on your own) -
Changing GL a/c currency, maintained in foreign currency, to Company Code currency
Hello Friends – We have got few GL Accounts maintained in foreign currencies and posting also made to these accounts. Now, for some reasons, we need to change their currency to Company Code currency.
We have referred SAP Notes – 146824 and they say that it is possible to change the currency to local currency.
My doubt is that when I change the currency, I should reclass the balance to zero, once done, and then reclass the balances back.
Or I can directly change the currency?
Can you pls advice.
ThanksHi
There is absolutely no problem in changing an account currency from foreign to local currency. This is because, when you have the account currency as local currency, transactions in any currency can be posted to the account including the foreign currency in which the account was previously maintained. You do not need to set/reset the account balance for this change. Please also look at the below links which are helpful:
Change Account Currency - Implications | SCN
http://books.google.co.in/books?id=WuhM4yEffEUC&pg=PA19&lpg=PA19&dq=changing+the+currency+of+a+G/L+account&source=bl&ots…
Regards
Sowmya -
Currency conversion with different currency and company code
Hi all,
how could it be done if in the report different currencies have to be managed / displayed?
The InfoObject 0Comp_Code has to be handled for example with different currencies. There are different company codes available and their currency should be converted in the query. But for example we have different currencies like dollar, yen and euro. So the currency should be dedicated correctly.
And the credit control area (the highest level in organisation) has only Euro.
The data (currency) of credit control area and company code in the cube is available only in Euro at the moment.
I thought it would be more flexible when the conversion is done at query level then at transformation level. We have filters in the query and the query is very fast. Is it also possible to include a currency for selection in filter?
Thank you in advance for your help!Hi,
Yes, it is possible to have a filter for selection of target currency if multiple currencies are involved. However, you would need to define a currency translation first in RSCUR. Here, you can specify EUR to be the fixed source currency & a variable in case of target currency which will be used as a filter for user input when the query is executed. You also need to have a reference date (exchange rate date) & a exchange rate type (avg. mthly rate, daily buying rate etc.) associated with the currency translation.
--Priya -
Document Currency Vs Company code Currency.
As per business requirement Company code level currency is mainatained as USD but when i am generating the Excise invoice for loacl currency INR., the Excis edocument posting in USD . can any body helpme out to Post excise invoice as document currency where Excise tables is also updating the USD.
rgadrs
Ramesh.Closing this Thread as I found the answer
Within the Purchase Order, when the new TOTAL NET ORDER VALUE is higher than the old one, release strategy will be triggered once release charateristic is set for checking rule
System will check through The total net order value which is linked to CEKKO-GNETW for a purchase order.
In purchase order, the currency conversion will act as below:
Purchasing documents: Header currency converted to company code currency.
Company currency converted to characteristic currency
Hence, eventhough the exchange rate is increased but document currency is remained unchanged, the company code currency is increased and hence trigger release strategy.
for more information, please refer to http://wiki.sdn.sap.com/wiki/display/ERPSCM/RELEASE+PROCEDURE -
How to delete the parallel currency of Company code
Hi,
I am facing some problem with parallel currency.now i need to delete the parallel currency.
kindly tell me the process to delete the parallel currency in the company code.
Thanks
KishoreAdditional currencies' assignment to company codes can be changed using transaction OB22.
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Creation of currency for company code
Dear Experts ,
Kindly let me know the steps of how to create currency & make it available to assign it to company code.
Also Please let me know what needs to created first . Company code or controlling are ?
Regards
Keerthan KumarHi Keerthan,
Please google before post a query on forums. Its a very basic question andhave many threads and SAP notes on this.
Did you ever try creating company code? Because, currency is already predefined by SAP and can be selected directly while creating com. code.
Also, creating of company code and cont, area depends upon the business requirement. Create Com code under the path:
Enterprise structure >Define > Financial Accounting >Edit, Copy, Delete, Check Com code.
Also, Con Area path is: Enterprise structure >Define > Controlling Area
BR, Srinivas Salpala
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