Earror in forign currency payment

Dear sir
my client has taken loan in currency EUR and at the time of repayment system recalculated the original amount on new rate.
example-
suppose loan amount is -10000 in 65 EUR
repayment -500 in 63 EUR.
at the time of repayment system reinstates the loan amount 10000
into 63 EUR also.
and also the fluctuation entry's also calculates on the loan amount 10000
please help me
thanks and regards
dipti

Hi,
Check config settings for OBA1, check the valuation methods in OB50 and the Loan A/c whether the exchange rate difference key is assined properly.
Regards,
Satish Muvva.

Similar Messages

Earror in forign currency valuation

Dear sir
my client has taken loan in currency EUR and at the time of repayment system recalculated the original amount on new rate.
example-
suppose loan amount is -10000 in 65 EUR
repayment -500 in 63 EUR.
at the time of repayment system reinstates the loan amount 10000
into 63 EUR also.
and also the fluctuation entry's also calculates on the loan amount 10000
please help me
thanks and regards
dipti

Hi,
Check config settings for OBA1, check the valuation methods in OB50 and the Loan A/c whether the exchange rate difference key is assined properly.
Regards,
Satish Muvva.

How to pay a forign currency invoice in another currency payment in R12

Hi,
I have Oracle R12.06.
How to allow cross currency payment, for example :
I have an invoice in USD , i need to make an payment for that Invoice in EUR or any other currency sometimes functional currency.
I already check the allow Multiple currency Payment for all bank accounts and also allow multiple currency in Payable options ,BUT I still not allowed to pay any invoice in different currency.
Regards.

Please note the following in respect of payment in foriegn currency other than the functional currency:
Invoice and Payment Currency.
Payment Region – Type - If the Payment Currency is different from the Invoice Currency and both are fixed-rate currencies, Payables displays EMU Fixed. If the invoice and payment currencies are the same, you cannot enter a value in this field.
If the payment currency is different from your functional currency, enter exchange rate information in the Payment Rate field.
You can pay invoices in a different currency only if the currencies are related fixed-rate currencies – EURO BASED CURRENCIES
In all the other circumstances other than above the invoice currency and payment currency has to be the same.
They cannot be different,
Hope this helps.
Thanks
Manish Jain.

Foreign currency Payment using foreign currency bank account

Hi,
We have the following requirement:
Functional currency : GBP
Bank Account :USD
Need to make payments in CAD
Since the bank account is not in functional currency we are unable to make that multi currency payment enabled. Users do not want to create a functional currency bank account.
Now how to overcome this situation ?

Hi, I am referring to paying foreign currency (ap payments) using non functional currency bank accounts. Are you referring to payment or receipts in foreign currency ?
Please refer the in 11i ap guide
1. pg 2-104
"Dening Multiple Currency Bank Accounts
A multiple currency bank account is an account that accepts payments in more than one currency.
If you define a multiple currency bank account for payments, the currency of the bank account must be the same as your functional currency."
2. Payment Formats pg 2-140
" When you define a bank account, you can only allow payment of multiple currency invoices if the bank account currency is your functional currency."
These 2 states that you can pay suppliers in foreign currency only if the bank acct currency through which you are paying is same as functional currency. But my bank account currency is different from functional currency.
Since you say you are doing , I am quite interested to find out more.Can you please let me know your currency setups on the bank and payment format.
Thanks

Foreign Currency Payments are not Picking up Exchnage Rates

Hi,
We are on R12.0.6 and while entering foreign currency payments the system is not picking up the exchange rate. It is only allowing us to enter USER exchange rate. The field of exchange rate on Payment form is greyed out and not showing anything.
We have checked the rates and these are present in system. The same rates are picked up by invoice entry screens but for payments it gives us no exchange rate found.
Has anyone faced this problem.

Well, it seems that the "Exchange Rate" field on the Payment form populates when the user selects the Bank Account before the Payment Date field. Previously we were entering the information first in the Payment Date field and than selecting the Bank Account. This was preventing the Exchange Rate field from being populated with the rate.
I just changed the order of the entry and it worked perfectly. Now first we select the bank from which payment is going to take take place and than the date, and the exchange rate is automatically picked up from the rates table.

Foreign currency payments

Hi all,
we have an issue related to foreign currency payments. Below a short action plan what we are doing:
1. Import invoices through the 'Payables Open Interface Import'
2. Validate the invoices with 'Invoice Validation'
3. Populate the ap_inv_selection_criteria_all
4. We call the 'Payment Process Request Program'
5. We call 'Build Payments'
6. We call 'Create Accounting'
7. We call 'Transfer Journal Entries to GL'
If we now have foreign currency payments it will not take the exchange rate from ap_inv_selection_criteria_all. Due to this data in the below tables is missing:
AP_CHECKS_ALL - missing: EXCHANGE_RATE
AP_INVOICE_PAYMENTS_ALL - missing: EXCHANGE_RATE, PAYMENT_BASE_AMOUNT
AP_PAYMENT_HISTORY_ALL - missing: PMT_TO_BASE_XRATE, TRX_BASE_AMOUNT
Due to this we generate payments, but the whole accounting will fail with 'Missing rates'
Any one who knows which columns in the ap_inv_selection_criteria_all must be populated for foreign currency payments?
We populate: exchange_rate, exchange_date, exchange_type
But it seems like this is not sufficient.
Environment:
12.1.3 Apps
11.2.0.2 DB
We already have a data fix. But the issue will occur everytime we have a foreign currency invoice which has to be processed.
Thanks,
Kai

Below are the columns we populate in the table ap_inv_selection_criteria_all:
(checkrun_name,
check_date,
last_update_date,
last_updated_by,
bank_account_name,
period_name,
pay_thru_date,
hi_payment_priority,
low_payment_priority,
pay_only_when_due_flag,
status,
currency_code,
document_order_lookup_code,
audit_required_flag,
last_update_login,
creation_date,
created_by,
zero_amounts_allowed,
payment_method_code,
org_id,
checkrun_id,
bank_account_id,
template_flag,
future_dated_payment_flag,
exchange_rate,
exchange_rate_type,
exchange_date,
payment_document_id,
create_instrs_flag,
pay_group_option,
currency_group_option,
le_group_option,
ou_group_option)
Thanks,
Kai

Where are defined in SAP bank clearance clauses / foreign currency payment?

Hi All,
with reference to foreign money transfer, I'd like to know where are defined in SAP the bank clearance clause (foreign currency payment).
Thanks

Hello,
This is the classical payment medium payment program for Italy.
You must have defined this in FBZP transaction code.
Payment methods in country.
Double click on your country & Payment method.
You must have defined at
Use classic payment medium programs (RFFO*)
Base on this your file gets generated and saved on to a secured directory.
Regards,
Ravi

Invoice Posted in Local Currency - Payment in USD

How do I handle this situation -
Invoice is posted in Local Currency. (Co Code Currency)
Payments are done in USD
Please assist.

Hello All,
In our project we are facing to a big issue with different currencies in the PO conditions.
An example of the situation in the PO is the following (but should be different currencies, not always the same currency for the same condition):
    - the condition for price is in GBP
    - the condition for transport is in USD
    - the condition for "custom" is in EUR
For each condition, we have a different vendor. We work in France, so we have also the PAM activated.
Our requirement:
    - we need to keep the original amount in currency for the GR (so in this case to have 3 postings due to the currency in the header of FI posting) because due to the big amount of currencies in the company, we need to follow exchange rate at the end of the month
    - we need to enter the invoice in the currency of the condition
Today when we have a GR, the system, even if we have 3 vendors, create only one global posting by translating the different condition to the PO currency (here in GBP). In fact, when the PO is created, the condition is immediatly converted.
Does anyone have a solution to do that ? Apparently in IS-OIL solution, this kind of posting is possible. But no information is available in OSS about this point.
Thanks & regards

How to calculate forign currency total amount in sale order???

how to convert forign currency total amount in indian rupees on sale order pld ???
Edited by: VINAYAK CHA on Feb 21, 2012 1:30 PM

Dea Srujal
SELECT T0.[Docdate],T1.[ItemCode],T1.[U_jobno]As 'Job Card No',T1.[Quantity],T0.[CardCode],T2.[U_SP],T2.[U_MA],T2.[U_ID], T2.[U_OD],T2.[U_testfield],T0.[Docduedate]
FROM ORDR T0 INNER JOIN RDR1 T1 ON T0.DocEntry = T1.DocEntry INNER JOIN OITM T2 ON T1.ItemCode = T2.ItemCode INNER JOIN OHEM T3 ON T0.OwnerCode = T3.empID
WHERE T1.[U_INRPRICE]>='35,000' And (T0.[Docdate]>='[%0]' and T0.[Docdate]<='[%1]' )and T1.[ItemCode]!='SEAL' AND T0.[DocStatus]='O'
iam using above query with above formatted search as i post in previous answer.
but still some item is missing in query
kindly do the needful

Multi currency payment program

Hi Experts,
how to implement multi currency payment program for international payroll. and also how to implement multi currency offcycle payments.
give me some brief procedure, right now my client doing only one currency, upgrading to multi currency payments.
your suggestions highly appreciated
Thanks
Sunny

hi
multi currency can be paid at pay sclae type and level
plz correct me
madhu

Contract details i.e currency, Payment term are not copied into Call-off

Hi,
We have implemented SRM 4.0 (SP07) with extended classic scenario.
we created a PO through "Process Purchase order" & referred a line item to a contract (in the sense we are creating a call off) however when PO is ordered, system doesn't pick currency, Payment term & incoterm
maintained in contract header level into PO header but instead pick
that data from Vendor master in SRM (BBPMAININT).
Here is what we have maintained in Contract & Vendor master.
Contract No: 4800002324
Contract Currency: Euro
Payment Term: 60 days net
Inco term: CIF
Vendor master details
Vendor no: 106864
Currency: SEK
Payment term:030N
Inco term: DDP
If we perform similar test in R/3 then system behaves according to
standard.System copies currency, payment term & incoterm from contract header into PO header.
If this behaviour is possible in R/3 then why not in SRM ?
Has anybody witness simmilar problem in SRM so far..?
Any help will be awarded with full points..
BR
Bharat M

Hi
Note 970992 - Purchase order currency overwritten by partner dflt currency
The standard functionality is that the vendor master currency supersedes the SC currency as the final PO is generated for the vendor with whom the company is dealing in a particular currency.
Re: Currency USD differs from Purchase order currency EUR. Enter in PO cur
As per the old accounting system the journal books were maintained for every business partners in his currency. These entries comes to the G/L of the company in company's home currency.So it is the standard functionality that the PO will be generated in vendor master currency and not the SC currency.
Related links ->
Re: Currency Issue
How to maintain a Vendor currency in SRM
Hope this will help. Do let me know.
Regards
- Atul

MHKIM:(AR)BANK ACCOUNT의 'MULTIPLE CURRENCY PAYMENTS','MULTIPLE CURRENCY

QUESTION
==========
Bank Account 조회후, 'Receivables Options' tab의 'Multiple Currency Receipts'와
'Payables Options' tab의 'Multiple Currency Payments'를 수정시,
수정이 되는 계좌가 있고,
수정이 안되는 계좌가 있습니다.(FRM-40200, Field is protected against update)
수정이 되는 경우와 안되는 경우의 차이는 무엇이며,
수정이 안되는 경우 Menu->Help->Diagrnostics->Examin->'MULTI_CURRENCY_FLAG'와 'NBT_RECEIPT_MULTI_CURRENCY_FLA'을 창에서 수정후 저장하면 저장이 되는데, 이렇게 변경을 해도 되는 것인지요?
ANSWER
=========
Oracle Payables User Guide 2 – 150 에 아래와 같은 내용이 나와 있습니다.
Multiple Currency Payments :
Enable this option if you want to use
this bank account to pay invoices entered in multiple currencies. You
can select this option only if the Use Multiple Currencies Payables
option is enabled and if the bank account is in your functional currency.
즉, "Use Multiple Currencies" setup이 enable되어 있고,
해당 Bank Account의 Currency가 Functional currency 일 경우에 Enable이
가능하다라는 내용입니다.
다시 정리하면,
해당 Bank Account의 Currency가 Functional Currency(예를들어, "KRW")가
아닌 다른 나라의 Currency ("JPY")인 경우에는 해당 Multiple Currency
Payments 기능을 사용하실 수 없습니다.

Hi Salman,
Have you tried this from Element Define window. There is functionality for Input and Output currency.
Hope it could meet your requirement.
Thanks
AshokP

Forign currency mgt.

Hi Gurus,
Hope all are doing well and had nice weekend too.
In SAP where Forign currency mgt. takes place in implementation and post implementation too.
I know only Settings for Forign currency transactions.
Please someone explain me the process,
Thanks in advance for your valuable suggestions.
Best regards,
Sudheer

Only couple of countries need 'daily exchange rate' in the system. That is also, if the company management thinks that particular currency is not stable enough to have 'M rates' in the system or legal requirement.
So, every month begining, we need to update the system with M rates as per the rates on that date.
For P rates once in a year is sufficient.
If you have any customised rates like triangulation rates, etc, those needs to be updated accordingly.
As far as I know, these monthly rates are updated directly in OB08 or Z program to upload the xl file from desktop.
Hope this helps.
Sridevi

Multi currency payments in R12

Hi All,
Can someone tell me if the Multi Currency payments are allowed in R12.
To make it clear....our functional currency is LKR and invoice is in CHF and want to make the payment in USD..Is this functionality available....
Early response is appreciated.We are on 11i....
Thanks in advance.
MPH

if you raise an invoice in USD then you can make the payment of that invoice only in USD.
please refer to the note 473351.1in metalink.
https://metalink2.oracle.com/metalink/plsql/ml2_documents.showFrameDocument?p_database_id=NOT&p_id=473351.1
regards,
Shilpa
Edited by: Shilpa Koganti on Jul 3, 2009 11:23 AM

Clearing foreign currency payments against local currency bank account

Hi all
We have foreign currency invoices (eg in USD, EUR) and would like to pay these from a AUD domestic bank account. Is this common practice or does the client need to enter such invoices in their external bank specific terminal to process such payments if they have a domestic currency bank account.
How does the Electronic bank Statement (which is in AUD) clear these foreign currency invoices (EFT clearing account or suspense account). I presume we would have to post to a suspense account clearing and then do a manual post with clearing after loading the bank statement. However, the amounts do not balance to zero as i cannot clear items off as they are in different document currencies as noted below.
INVOICE
cr vendor 100USD   200AUD - cleared by payment program
dr expense 100USD   200AUD
PAYMENT PROGRAM
cr Sus clg 100USD   210AUD
dr vendor 100USD   200AUD - Cleared by payment program
dr FX g/l    0USD    10AUD
ELECT. BANK STATEMENT
dr Sus clg 205AUD
cr Cash    205AUD
What would be the standard approach for such postings from an SAP bank accounting functionality point of view.
Is there a better way of design the above payment process.

Hi,
this is a hard task.
You have to play with the GL account master data. See documentation for field "Only balances in local crcy". It is quite good described for the clearing in foreign currencies.
Also I have some doubts that there were settings in FI for foreign currencies clearing, but I have never customize it.
Hope I helped you (if so... points reward would be highly appreciated )
Regards,
Alex

Earror in forign currency payment

Similar Messages

Maybe you are looking for