Difference in Local currency and Group currency Balance

Hi,
I have a query where ...
Company code has 2 currencies ;Group currency is USD and Document Currency is GBP
This GL account is zero balance account . It has alredy set up in Document spitting customization setting
Through FB03 normal view we can see the zero balance but while displaying the document general ledger view with option of group currency ; it is showing zero balance for the local currency and balance amount for group currency USDu2026
Can I get any suggesion where should I need to check for this?
Thanks in Advance

Hiten,
We are on ECC6.0. For us the problem is ongoing production orders.
Based on SAP notes about excluding zero balance orders from settlement process, I tried to close such orders but system does not allow it as it sees the parallel currecy balance.
Thanks,
Sanjay Wagh

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Realized exchange rate difference in local and group currency

Hi Friends,
For a company code with local currency as Euro and group currency as USD, the setting in TR code OB22 for group currency is: Translation taking first local currency as a basis. When the open items are cleared, SAP posts difference in local currency and group currency. Sometimes, document currency is also group currency i.e. USD. The realized exchange difference is posted in Euro but it is not converted from Euro to group currency. Instead, system just calculates difference in group currency by comparing the value in group currency at the time of original transaction and when the transaction is cleared. Does anyone have dealt with such requirement and is there a way to be able to translate realized exchange differences from local to group currency?
Thanks and regards,
Pinky

>Sometimes, document currency is also group currency i.e. USD.
Can you explain, it's because of your settings or because of SAP?

Need information regarding local , foreign and document currency

Hi All,
I need to know the difference between local, foreign and document currencies.
Thanks in advance,
vinay

Hi,
Document currency:
This is the currency set at the POS for the sales documents. If the POS system is not able to send this currency to head office, the POS currency is used as the document currency.
Local Currency :
Local Currency - This is, in most cases, the formal currency of the country. In SAP Business One, all the reports displayed in the local currency, and all the foreign currency transactions are translated automatically to local currency. This way, the local currency is the common denominator for all currencies, which enables balance calculation of multi-currency accounts/business partners.
Foreign Currency: This currency we will talk mostly in the Financial areas
http://help.sap.com/saphelp_erp2004/helpdata/EN/a6/004940f0030272e10000000a155106/content.htm
For More detailss:
http://www50.sap.com/businessmaps/5CE8CE5FA6854AC984502823ACC3AA62.htm
Difference In Currency :
http://www.sap-img.com/financial/explain-the-difference-in-currency.htm
Regards
Ram.
Edited by: Ramakanth Deepak Gandepalli on Dec 9, 2009 11:52 AM

Unable to clear GL due to Val difference between Local and group currency.

hi,
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.
Rgds,
Raj/
Edited by: raj3875 on Oct 8, 2009 11:37 PM

We have an issue even with document currency in USD. there is a valuation difference between Local currency (USD) and Group currency (USD).
For example:
Doc currency = 0 USD
Local Currrency = 171,000 USD
Group currency = 0 USD
Because of this I am not able to clear the account. Not sure why there is a difference inspite of the same currency. I try to clear it in F-04 but I get the below error:
Posting is only possible with a zero balance; correct document
Message no. F5060
Regards,
Raj

Difference betwn bal in local currcy and account currency

hi all,
can any one explain difference between balance in local curreny and account currency.and to which accounts we have to select

Account currecny: Consider this example: You have defined your company code in India and the currency will be in that case INR. So the account currency by default is INR. In that case for this GL account you can post in all currencies.
You have a foreign currency account say in USD. Then you can define this account currecny as USD. So when you define this account USD, you can post only in USD and not in anyother currency and the system automatically translate into INR.
Balance in local currency:
This indicator is set for clearing accounts you use to clear line items in various currencies with one local currency amount and without posting any exchange rate differences that may occur.
This indicator is set for the following accounts:
Cash discount clearing accounts
Clearing accounts for goods receipt / invoice receipt

0fi_gl_6 - available local and group currency

Hi,
I have a problem with DataSource 0fi_gl_6. I need to consult accumulated balance in local
and group currency. I know in GLT0 this information is available.
In spite of this I could not see them when I load it in BW.
Can you help me?
Thanks.

Dear Ana, Dear Catherine
Maybe I come a bit late now, but I faced the same issue this afternoon.
Datasource 0FI_GL_6 is still in version 3.x. So it seems that you need to create two different Infopackages for the initialization of the delta, one selecting Currency Type 10 and one for Currency Type 30. The Delta-update infopackage will update the selection automatically once the system is initialized.
Maybe 1st check in RSA3 in the sourcesystem if the extractor gives any data for your selection. 2nd create the 2 Initialization Infopackages. Then 3rd open the infopackage, go to 'Scheduler' --> 'Initialization options for source systems' and delete the old entry for 0FI_GL_6. 4th go to RSA7 in the source system and verify if the entries are really gone; if they're not gone, delete them manually. Then run both infopackages. From now on, the delta update will update for both, Local and Group currency.
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Josef

Vendor and Customer Hard and Group Currency balances

Please let me know the table names of Vendor, Customer and GL balances for Hard and Group currencies (Ex KNC1 for Customer balance in Company Code Currency)
Ramesh

I don't think they are available.
But if you have any requirement in the customization report, you can convert the values of KNC1 with TCURR table rates based on the posting date.
Rgds
Murali. N

Hard currency is not valuated in FAGL_FC_VAL along with local and group currency

Hi All,
I have the below system settings for FOREX revaluation. The revaluation is not happening for Hard currency along with local and group currency. The test data and other settings seams to be fine as the below mentioned workaround works perfectly for hard currency revaluation.
I would like to take your expert feedback on this issue to confirm whether this is how SAP works or its an issue with FAGL_FC_VAL program.
System Settings:
Currencies in company code
local currency      group currency      hard currency
10                             30                         40
USD                          USD                    UYU
FOREX settings:
Work around found:
Define two Valuation area, say
1. Valuation Area: A1 which will have currency type 10 and 30.
2. Valuation Area: A2 which will have only the currency type 40.
3. Run FAGL_FC_VAL twice for these area.
Issue with this work around:
1. The valuation area is assigned to one accounting principle (which is in turn assigned to a specific ledger).
2. Thus, if I have different accounting FOREX process to be followed in different ledgers (say IFRS ledger, Local Ledger, Tax ledger) then I need to create 2 valuation area (as per above workaround) for each ledgers and run FAGL_FC_VAL for each of these valuation areas.
Thanks & Regards
Nikhil Kothari

Hi Experts,
Any views on the above issue?
Thanks & Regards
Nikhil Kothari

Difference in between account currency and functional currency

Hi Sap Experts,
What is the difference in between account currency and functional currency.
In which table account currency and functional currency will be stored.
Regards,
Rajprabhakar
Moderator: Please, avoid asking basic questions

A Payer is the individual or company who settles the invoices foa a service or for delivered goods.
Whereas the account group determines:
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Whether you can or must make an entry in these fields
How master record numbers are assigned (externally by you or internally by the system) and the number range from which they are assigned
Which partner functions are valid
Whether the business partner is a one-time customer or one-time vendor.
Reward if useful.
Amruta

Difference between transaction currency and document currency.

Hi All,
Would like to know the difference between transaction currency and document currency. If we want to draw both the figures from the GL account, which table can i use?
Thanks,
Mercy

Hey,
Having transaction currency and document curreny in one document would be strange.
Document currency is something you would see in a FI document, whereas transaction currency is part of a CO document.
In finance documents you would talk about document currenty and local currency for instance.
In CO documents, the currency field you can find are transaction currency, object currency en controlling area currency.
In most cases the document currency in FI would be considered the transaction currency in CO. The local currency in FI would be the object currency in CO.
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Currency and Groups Dimensions in Legal Consolidation, BPC 7.5

Dear BPC Experts:
          I am using BPC 7.5 NW SP03, and building Legal Consolidation now. According to the SAP Library,http://help.sap.com/saphelp_bpc75_nw/helpdata/en/bpc_nw_index.htm, it says in 7.5, the currency and groups dimension are required and should hold currency members and consolidation members seperately. I have couple of questions about this design.
1. Are GROUPS and CURRENCY dimensions both included in Legal Consolidation Application at the same time?
2. How to move data in currency diemnsion into corresponding members in GROUPS dimension?
    For example: THe GROUPS member, CG1(its currency is USD). How to let data in currency USD move to CG1.
3. In Legal Consolidation data package, should I modify the prompt dimension from CURRENCY_DIM into GROUP_Dim?? cause 7.5 has CURRENCY dim in its package setting at default. However, the consolidation package is based on GROUP perspectives.
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Best Regards,
Fred Cheng

Hi Collet,
Thanks for such a quick response. Based on your answer,
The group-type dimension is used for storing the group component of legal consolidation. The group-type dimension represents the relationship of entities for a given consolidation result. This group is consolidated in a single currency, so there is no need to have another dimension. As of Planning and Consolidation 7.5, you can continue to use the currency-type dimension for this purpose, or you can split it into a group-type dimension (type G) and use a pure currency-type dimension (type R) to allow reporting in multiple group currencies.
If at all I go by that will that be sufficient to have only Group Dimension and ignore RptCurrency field in BPC 7.5?
As of now I am having my Group Dimension looks like this.
Member ID          EVDESCRIPTION        GROUP_CURRENCY        PARENT_GROUP      ENTITY
G_CG1                XXXX                          USD                                                                 E_CG1
G_CG2                XXX                            USD                                   G_CG1                   E_CG2
G_CG3                XXXX                          USD                                   G_CG2                   E_CG3
So now do I need to enter any RptCurrency Members under Group Member ID column to have RptCurrency ignored once for all. By the way our RptCurrency and Group Currency is USD only.
Please advise as right now we are not able to have Currency Conversion Functioning properly. I mean when I executed FXTRANSLGF, I am able to my DM status as Successful but saying 0 Submitted   0 Success   0 Fail
I am unable to crack this. I tired playing Groups and RptCurrency but same result. Successful but no records. We have maintained all Exchange Rates corrctly.

Where to enter Due Date and group currency amount in BAPI_ACC_DOCUMENT_POST

Hi,
I have some fields in a flat file . I need to post a document by F-04. Can anyone let me know where to enter the fields 'Due Date' and 'Group Currency Amount' for the line items?
Thanks in advance..
GC.

Hi,
I have some fields in a flat file . I need to post a document by F-04. Can anyone let me know where to enter the fields 'Due Date' and 'Group Currency Amount' for the line items?
Thanks in advance..
GC.

Difference between stock currency and material currency

Hi all,
I have noticed there is difference in Stock currency and Material currency in MB5L(List of stock overview). Both stock vaue should tally every month. But it is showing difference for the last month.
Could anybody help me how to find out this difference, I have checked the MR21 already, But there is no price difference.
Any suggestions????????
Tx,
Veena

Hello,
Transfer posting may involve or not involve the physical goods transfer. In the system you might do transfer posting from quality to unrestricted, or from one store location to another.
In transfer posting you remove and or replace materials from storage in one storage location and place them in another storage location.
That transction code you use for transfer posting MB1B with following movement types may be used
301, 303,305,311,411,309.
301 is Stock Transfer Between Plants in One Step
303 & 305 : Stock Transfer Between Plants in Two Steps
In stock transfer, it always involves physical movement of goods, like transfer between plants under same company code or different company codes.
Following types are possible with STO's
Stock Transport Order Without Delivery
Stock Transport Order with Delivery via Shipping
Stock Transport Order with Delivery and Billing Document/Invoice
http://help.sap.com/saphelp_470/helpdata/en/4d/2b90dc43ad11d189410000e829fbbd/content.htm
Please go through attach SAP document
BR,
Tushar

Alternate Exchange Rate Type Not Picked while converting from Document Currency to Group Currency

Hello Gurus,
We have setup an alternate Exchange Rate type MNB for rate M for the postings happening in Hungary. Local currency is HUF. Group currency is USD.
If the document currency is, lets say, EUR, latest MNB rate is correctly picked up (EUR to HUF) and postings are correctly converted into local currency (HUF).
Although, for the same document, when a group currency is being calculated (EUR to USD), exchange rate type M is being picked up. Same happens if document currency is HUF. Even then, the conversion is based on exchange rate type M.
Is this a normal SAP behavior? How to prevent/correct this? This is also throwing off balances when we check in FAGLB03 or BSEG values in local and group currencies. In OB22, we have local currency1 and local currency 2 setup with exchange rate type M and we may not want to make any changes there as it is setup at global level.
Do we need to run any valuations after the fact? if so, how?
Thank you for your inputs in advance.
Regards,
Sagar

Hi,
You mentioned that "in OB22, we have local currency1 and local currency 2 setup with exchange rate type M". Then, I'm wondering how MNB is picked up for the first local curr. conversion to HUF? It should be 'M' instead. There must be some settings in your instance for such behavior. Can you check that?
Actually, Group Curr. conversion happens with the rate defined for 2nd Loc.Curr.in OB22 which is 'M' in your case. Therefore, all the transactions are converted with M instead of MNB.
Since you can't change OB22 per global co.policy, the exch.rate defined in OBA7 will overrule OB22. However, you've to make sure it's set up for all doc.types which are affected and posted in different curr. than HUF.
As a workaround, another thought would be to maintain the same conversion rate for both exch.rate types MNB & M, for eg. HUF > USD rate is the same both exch.rate type MNB & M. This way, you ensure all transactions are posted with correct exch.rate irrespective of whatever rate type is used.
From business, & global org. perspective, I'm sure they are sending the 'M' exch.rates to all their sister concerns monthly, so they would like to consolidate results as per standard rate in their system. Then, why ,as a local company, would you like to fiddle with standard process? It's a management decision, please run them through again before going ahead.
Thanks,
Nirav

What is difference between local variable and property node ?

What is difference between local variable and property node ?
" 一天到晚游泳的鱼"
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To make things clear, here are two small examples that show how nasty locals and value properties can be to the naive programmer.
- Open the diagram of the race condition.vi before running it and try to predict what will be the values of the two counters after the third run.
- Use the Compare Locals Properties and Wires.vi to find out how slow locals and value properties can be (times 1000+).
This being demonstrated, I must add that I use globals and value properties quite often, because they are often very convenient
Chilly Charly (aka CC)
E-List Master - Kudos glutton - Press the yellow button on the left...
Attachments:
Race condition.vi ‏9 KB
Compare Locals Properties and Wires.vi ‏18 KB

Difference in Local currency and Group currency Balance

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