Currency reconciliation ledger

Hi there,
i am running a COPA assessment cycle from a GBP company code into a EUR company code.
We have reconciliation ledger active between these two company codes. When executing the reconciliation ledger posting, the GBP amount on the sender side is converted into Euro. On the receiver side the amount of course is posted in Euro. The latter conversion into Euro i can understand as it is based on the M rate we use in the CO area.
However the conversion from GBP into Euro on the sender side happens with a totally wrong rate (not M) and i cant figure out where SAP pulls this from. Is the rate taken for cross company code cycles or for reconciliation ledger postings something to customize and if so, where?
Thanks
Kai

Kai
What is the controlling area currency? And what do you mean by
"When executing the reconciliation ledger posting, the GBP amount on the sender side is converted into Euro. On the receiver side the amount of course is posted in Euro. The latter conversion into Euro i can understand as it is based on the M rate we use in the CO area."
On sending side, GBP will be TC (transaction currency) and LC (local currency).
On receving side, GBP will be TC and EUR will be LC.
So conversion from GBP to EUR in receiving compnay will take place at ex rate specified in configuration of (plan) version 0.
Not sure if this replies. if not, send more details with the accounting entries etc so i can check

Similar Messages

FI- Reconciliation ledger

Hi,
I would like to know what is meant by Reconciliation Ledger and How we can create Reconciliation Ledger in the SAP - Retail

Hi Ravi,
You can use reconciliation postings to transfer cross-company code; cross-business area or cross-functional area postings made in CO that are relevant to FI, and to automatically create reconciliation postings there. You can make these reconciliation ledger postings at any time
In the information system, you can compare the account balances between CO and FI for a particular period using reconciliation reports. In these reports, the system displays a difference for a reconciliation posting made outside of the period. The cost flow overview report is more suitable for checking reconciliation between CO and FI. To ensure that all reconciliation postings are transferred, you should only execute reconciliation at period-end, after closing all CO postings. If you execute reconciliation more than once, the SAP R/3 System only updates difference values since the last reconciliation run.
You can give me your personal Id, I can send you the documentation on step by step to be done in Reconciliation ledger.
Regards
Sridhar

Reconciliation Ledger AND Co Code Validation

Hi there,
We are on SAP ECC6.0 with New GL and Doc Splitting Activated.
1. I want to know whether Reconciliation Ledger is still needed to be activated. I feel not, because New GL with Doc Splitting should take care to ensure that FI and CO are always in Sync.
2. I also want to know whether Co Code Validation must be activated at Controlling Area so that the CO Objects of one Co Code do not get accidentally posted on another.
The main concern is that once it is set or activated (and the docs posted) we cannot Revert it back by Unchecking.
As per current Business needs, there is no need to have such postings where in the Books of Co Code A the Internal Order of B Co Code is used.
Please Help
Thanks
Bob

Hi,
If you are on ECC6 and the necessary configuration for realtime integration between CO and FI has been configured, then you do not need the Reconcilliation Ledger and you can disable it in the controlling area.
If your organisation has multiple company codes and it is possible that there can be transactions between these company codes that have CO implications then I would recommend that you leave the "Co Code Validation" unchecked. For example if you enable it, you cannot raise a PO in CoCd A against a cost assignment object in CoCd B. My recommendation is to leave it unchecked until you have clear requirements.
Regards,
Kenneth

Problem with activating reconciliation ledger

Hello,
i want to activate reconciliation ledger for my controlling area hence i did it once and since i was not able to change the document type i deactivated the reconciliation ledger.
now i am trying to activate it again with a new document type but it is not getting activated.
i do not get any error messages as well.
please help
Thanks

Hi,
are you referring to CO/FI Integration or the "old" recon ledger, i.e. KALC?
Regards
Karl

FI & Co Reconciliation ledger issues

Hi,
Could you pl explain me Reconciliation between FI Books & Co books . what are the Configure setting required along with path . where we will see the Reconciliation ledger .
Regards
SAPCO

RECONCILIATION LEDGER EXAMPLE 1
When you need to drill back from the FI G/L to find which cost center was
Posted to on an expense account, the reconciliation ledger is accessed.
The need to have a CO to FI reconciliation process is a result of cross company
Code, cross-business area, or cross functional area activity that may occur in
the CO module. Order settlement or confirmation, cost center assessment, or
other internal CO movement may initiate these postings. When costs moved
internally within CO, the FI G/L is not updated because of CO use of secondary
Cost elements to facilitate the postings.
The first two steps in reconciliation ledger configuration are to activate the
Ledger within the controlling area and assign a document type. If you have an
Existing controlling area that does not have the reconciliation ledger activated,
Activate the reconciliation ledger.
Controlling  Overhead Cost Controlling  Cost and Revenue Element
Accounting  Reconciliation Ledger  Activate Reconciliation Ledger (KALA)
RECONCILIATION LEDGER EXAMPLE 2
A good receipt posting of Rs.100 has occurred on internal order 1, which is
Assigned to company code 1. One hundred percent of the value of internal order No.1 is settled to internal order 2, which is assigned to company code 2. A Settlement Cost element is used for the settlement posting. When an order
Settlement is run, internal order 1 is credited with Rs.100 and internal order 2
Is debited with Rs.100. The balances of internal order 1 and internal order 2
Are 0 and Rs.100, respectively. However, the balances of company code 1
And 2 remain as they were prior to settlement. The reason: settlement activity
Was internal to CO. No FI update occurred.
To place the FI company codes back in balance, the CO-FI reconciliation posting transaction should be run. The resulting FI postings would credit
Company code 1 for Rs.100 and debit company code 2 for Rs.100. The internal
CO activity will now have been accounted for in FI and company codes are now in balance.
Regards,
Ravi

Reconciliation Ledger

Hi All,
What is the T-code for Reconciliation ledger. What is the use of it and how to run the reports in it?
Thanks

Hi,
The T.Code for Reconciliation Ledger is KALC in 4.7v.
Refer to sap best pratices
help.sap.com/bp_iasifrsv1470/BBlibrary/Documentation/I63_BPP_EN_DE.doc
Please let me know if you need more information.
Assign points if useful.
Regards
Sridhar M

When I run the Reconciliation ledger KALC in the doc not update cost centre

Hi
I have done assessment and distribution in month ending. This distribution did in 2 company codes cost centers. it was successfully posted & updated in 2nd company code cost center.
Then I ran the Reconciliation ledger in KALC month end. I was also successfully document posted in G/L account.
But Cost centre was not updated or not picking in the document.
Please give me suggestion .
Thanks
Indu

Dear Indu,
KALC will not update specific CO objects. The intention of the reconcilliation ledger is to reconcile CO internal postings with Financial Accounting. The necessity for reconciliation arises from the fact that, depending on controlling area / company code relationship and customizing, any CO posting can either be:
u2022     Cross company code
u2022     Cross business area
u2022     Cross functional area
or a combination of the above mentioned. For these CO internal postings there will be no corresponding FI documents with the result that CO and FI do not reconcile on company code/business area or functional area level. The reconciliation ledger adjusts this by creating the relevant FI documents. I hope this clarifies the issue.
Regards
Karl

Currencies Consolidation ledger 09 (GLT3 Table)

Dear SDN Members
I have a problem with the third currency in the additional ledger 09 for consolidation (TCODE OCZ2).
For default the third currency is ledger currency (type 80), but I want to switch it for group currency (type 30), the problem is that the option is blocked to any change.
Does anyone know how to change it??
PS: I do some adjustment in group currency (TCODE F.05 "Foreign Currency Valuation"), balance account and these are not reflected at ledger 09.
Thanks
Ariel

Hi, Ariel:
Also interested in this question.
I tried in my system, since there is already transaction data, it is impossible to change ledger currency any longer.
I found that the table to store ledger information is T881, perhaps we can change it to group currency here, precondition is that no transaction data, otherwise, it will cause inconsistency.
Best Regards, Lawrence

How to find if Reconciliation Ledger is Active or not for Controlling Area

Hi,
How to find if Reconciliation Ledger is Active or not for Controlling Area?
Thanks

Hi,
You can check using OKKP.
Further TCode KALA is useful in activating/deactivating etc., for the Controlling Area.
Rgds.

Vendor card creation problem & activate reconciliation ledger

Hi
I have configured the controlling and but not able to activate the Reconcilation ledger account, due this issue may be i am not able to create the vendor , so please sone help me below issue
1) when i activate the reconcillation ledger , i am getting this message **New General Ledger Accounting is active**
2) when i am create the vendor card in that item required the vendor reconciliation account , and i not geeting the account the list,
so please help me how to resolve the issue
thanks
regards
B.S.Fartiyal

Hi
Recon account is a balance sheet type GL account. Create a GL account with account group as reconcillation account and field status group as reconcillation accounts (G067) in FS00 and then assign it in vendor mater.
Thanks

FICO Reconciliation Ledger

Gurus,
we are using New GL in ECC6.0. When settle between cost centers belong to different company codes, are there any FI entries since multiple company codes are involved even though the allocations are within CO? How does it effect the recon ledger? Please explain the config steps if there should be recon ledger involved. I appreciate your help!
Thanks inadvance!

Financial documents will generate when you activate CO-FI real time integration.
Financial Accounting (New) > Financial Accounting Global Settings (New) > Ledgers > Real-Time Integration of Controlling with Financial Accounting. Here you create/adopt the varaint and assign it to company code. Further down under 'Account Determination for Real-Time Integration' you will define initerco GL accounts for posting. Also define account for realtime integration. (OK17).
As you may know when you post complete document in CO (DR and CR tied out) typically for Allocation postings, work order confirmations for example, a Financial document is generated using the GL account mentioned in OK17.
If this happens to be an intra-company posting, this account is debited and credit in FI document - thereby no impact on GL - but Dr and Cr side generally have different cost object (cost ctr/ order etc) assignments as well as profit centers in corresponding objects.
If this happens to be inter-company posting, then in addition to above, the intercompany accounts maintained in account determination also get posted to as in typical interco posting generated in FI.
Hope this helps
Regards
Subodh

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

How to maintain the exchange rate of second currency in MIRO ?

hi,
User want that the exchange rate of second currency in IR is same as the exchange rate of second currceny in GR, and don't occur any exchange variance in IR. how to do ?
BestRegards,
Beck.shi

Thanks for your reply.
GR and IR post date are different，also the exchange rate are different. user modify the exchange rate of local currency in IR(in MIRO's Screen) to the same as the exchange rate in GR, so there are no the exchange veriance in the local currency's ledger. if needn't the exchange variance in the second currency's ledger,how to do?
Bestregards,
beck.shi

S_ALR_87013603 - FICO reconciliation report - Cant see CO items

Hi,
We have recently upgraded to ECC 6 from 4.6c. When I am running the report S_ALR_87013603, I see only the FI items but not the CO items. Could you please tell me why this shouls happen.
Regards,
Vijay

@Karl:
If I use TC KALA (Activate Reconciliation Ledger ) this message appears:
The reconciliation ledger for CO area AB30 has allready been activated.
What else do I have to activate?
Markus
Edited by: Markus Schreiter on Jun 12, 2008 1:32 AM

ICR process 003 - question about handling and ledger

Hello Ralph,
I have set up all customizing settings as described in the attachments of note 863630. When i execute FBICA3 now the system gets me the following results:
Company 001502/Partner 001501: Data records analyzed:         5
Company 001502/Partner 001501: Resulting unassigned company data records:         5
Company 001502/Partner 001501: Resulting unassigned partner data records:         0
Now i execute FBICR3 and I only get the company unassigned data records and not partner unassigned data records.
In f.2e this used to show up as well so the documents could be assigned manually.
Am I doing something wrong here?
And another question regarding the ledger: I have read in some of your statements as well as in a note that there is no need to set up a ledger. But to set up the attributes of the reconciliaton process 003 this is a mandatory entry for the reconciliation ledger. What exactly is the background of this type of ledger?
Thank you very much in advance for your support on this.
Kirsten

Hello Kirsten,
Re #1: As you can see from the log entries of FBICA3 the program only worked on 5 documents.
Company 001502/Partner 001501: Data records analyzed: 5
All 5 documents were documents posted by company 001502:
Company 001502/Partner 001501: Resulting unassigned company data records: 5
None of the documents were posted by 001501:
Company 001502/Partner 001501: Resulting unassigned partner data records: 0
Did you run FBICS3 for company 001501? Are there any open items relevant to ICR (VBUND > SPACE)?
Re #2: As explained in ICR_documentation.doc attached to note 863630 ( https://service.sap.com/sap/support/notes/863630 ) in chapter 3.1.2.1 Define Reconciliation Process Detail Attributes:
The ledgers you specify here do not actually have to be created in the Special Ledger customizing unless you want to use additional SL functions like reporting.
In order to enable later addition of general SL services you have to specify a ledger name. You can specify any ledger which has not been created yet. However, you should be careful not to create a ledger with this name for a different purpose later in time. If you do create ledgers in IMG activity Define Ledger you must set the properties of the ledgers as described in the documentation of that activity.
I hope this explains the logic satisfactorily.
Best regards,
Ralph

Currency reconciliation ledger

Similar Messages

Maybe you are looking for