Difference between currency , adjustment currency

Hi,
What s the difference between parent currency and parent adjust currency how this process will happens and what is output for this process.
thanks in advance
Regards
Skanth

<Parent currency> holds numbers that come from the following process:
1. Local currency (say Euro) numbers are loaded into the entity's accounts at the <Entity Currency> level
2. Users post journals to adjust the loaded accounts into <Entity Curr Adjs> (amounts still in local currency say Euro)
3. Both sets of numbers (the loaded ones and the adjustments) are summed up into <Entity Currency Total>
4. Numbers in the <Entity Currency Total> are translated to the parent currency (say USD) and the results are stored in the <Parent Currency>
So <Parent currency> holds your entity's (adjusted) financial statement translated into parent's currency (USD).
Now, the parent company may need to apply some further adjustments to the above numbers, so that it complies to its own reporting standards or to regulations followed in US that the original adjustments posted by the entity itself did not cover. It will do the thing by posting journal adjustments to the <Parent Curr Adjs> in USD this time. The two sets of numbers in <Parent Currency> and <Parent Curr Adjs> will be added up to form the <Parent Currency Total>. This set of numbers represents the financial statements of the Entity in parent currency (USD) and also adjusted to the US company's financial reporting standards. This set of numbers is now ready to follow the consolidation process.
However, your case may be simpler, for example both Entity and its Parent may use the same currency, and the same reporting or regulatory standards. In such simpler cases you may not use the whole functionality described above.

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Hi
Dear friends please tell me about following:
1.Difference between <Parent Currency> and <Parent> in value dimension and its significance.
2.Difference between <Parent Currency Adjs.> and <Parent Adjs.> in value dimension and its significance.
Thanks
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Edited by: mayanka bhusan on Jun 17, 2010 10:08 PM

When you have an entity which contributes to two or more parent entities, you can specify if an adjustment applies and contributes to all parent entities or the selected entity.
1. Create the adjustment to <Parent Curr Adjs> and the adjustment value contributes to all parents.
2. Create the adjustment to [Parent Adjs] and you can select which parent entity you want the adjustment value to contribute to.
<Parent Currency> is where the translation happens.
<Parent Curr Total> is the total of the translated value plus any adjustments applying to all parents -i.e. <Parent Curr Adjs>
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SSRS expression for difference between two currency values

Hi All;
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We have an open item managed Revaluation G/L account in our company code which has a local currency USD.There are some documents posted to this account in both USD and CAD. But when we analyze the docs posted in CAD we found a valuation difference in the local currency(USD) and the Group currency(again USD). I am not sure of the reason for this. But due to this difference we are unable to clear this account. Please let me know if anyone can think of how to clear this particular GL account.
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[Exchange Rates when copying from base to target documents|https://psd.sap-ag.de/PEC/calendar/html/recording.php?hck=e5397f14c44f8df754617194051dab1ad38f59f08580406c2efd59aa4c0f71616713c2abe76bc503e08f2f5eda4863634f6fe99ad39d46c947c09623b91e53ca]
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help.sap.com

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Hey,
Having transaction currency and document curreny in one document would be strange.
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What is the differences between <Parent Currency>, [Parent] in value Dimension? Could some one please provide in detail explanation with examples?

Hi Tana
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Welcome to SDN.
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Please reward points if helpful.

Difference between currency , adjustment currency

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