EBS Exchange rates
Please help,
I'm at a client that's using the Electronic Bank Statement and Payment Program functionalities.
Problem: The exchange rate table is maintained manually everyday but the rates are not obtained from their bank. When the payment program is run to make payments to foreign vendors, there is a realized gain/ (loss) due to exchange rate changes. I'm able to capture this. My problem is that when the EBS is pulled in, there is a further gain or loss on exchange. How do I deal with this?
Thank you.
Hi,
there are some Support documents related to this issue.
I would suggest you have a look to them.
Regards
Similar Messages
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Exchange Rate Diff in F110 & EBS
Hi
Our client processes foreign vendor payments in F110 and uses exchange rate maintained in Exchange Rate table. This payment creates an open item Bank Clearing Account.
Subsequently when EBS is received, bank debits account with spot exchange rate which is different from the rate used in F110 processing.
How is the difference between amounts in EBS and Clearing Account handled to post to Exchange Rate Gain /Loss account so that EBS item is cleared automatically?
Your replies are greatly appreciated.
Thanks
SatyaHi Sridhar
I had done the configuration already and had an issue with the methodology.
Bank sends EBS in USD whereas the items to be cleared are in different currencies.
If I clear the item in the respective currency, system triggers to the ER Diff GL maintained in T Code OB09.
But if I try to clear the item in USD, it gives me a message that the difference is too large for clearing.
Is there any way we can let the system do it automatically while processing EBS in USD?
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Satya -
Exchange rate variances between Primary and Secondary Ledger
We have a little problem on our hands.....we are implementing dual ledgers with dynamic posting, primary in Canadian Dollar and secondary in USD.
Exchange rate variances would occur if for example, we consider material transactions at different points in time. We would have no problems in the primary. However, CAD to USD exchange rates are updated monthly and very likely, rates would change month to month. Therefore, exchange rate variances would happen frequently in the secondary ledger.
We have been asked by senior management how these variances would be handled by EBS. Just wondering if you have ideas though we are looking into the accounting events in SLA.
Thanks,
SanjibIf the requirement was to maintain balance in USD and Canadian dollar, You can use the Reporting currency option instead of Secondary ledger.
Regards,
Chirag -
Exchange Rate Variance line showing wrong Account
Hi,
Our company is using Oracle EBS R12.1.3. When our Finance users do foreign currency transactions in Payables and match an invoice to the PO then, on the invoice distribution lines, there are two lines (one with the Line type "ITEM" and the other one is
"Exchange Rate Variance"). The ITEM line is Ok but the Exhange Rate Variance Line is showing the same Expense Account as on ITEM line (i.e., hitting wrong account). We have checked the setups in Payable Options. The Account that is defined as PO Rate Variance Gain / Loss is different from the account that is being hit on the Invoice Distribution lines. Why is that so?
Our Finance users are not satisfied with this. They're saying that Exchange Rate variance is not charging to the right account.
Please let me know which setup option am I missing.
Thanks and RegardsHi Nehmat,
this is an intended behaviour ...
Your purchase order is in Foreign Currency ..
Your Invoice matched to Purchase order is in Foreign Currency ...
Difference between the PO and INV exchange rate has caused Exchange rate variance ..
The entered currency in the above case is Foreign currency therefore entered value for ERV line will be zero ... whereas the accounted line would have the computation for ERV done in functional currency....hence ERV line is acceptable for this case.
Regards,
Ivruksha -
GR/IRclearing in MR11 in case of exchange rate difference
Hi Gurus,
My client has got one issue on GR/IR clearing thru MR11.
There is one PO with IR happend first( lets say on 01/01/2008) and then GR on 15/01/2008 . on the same day of GR , there is Goods return ( 15/01/2008) for complete good receitpt. Credit memo posted in next posting period ( ex. 02/02/2008) . As it is posted in different period there is exchange rate diffenence between Invoice and credit return. So when user is doing MR11 the system saying there is inconsistency for the difference amount. Thats the reason we could not able to clear that PO.
I need advice to clear the above PO in MR11.
anyinputs on this highly appreciated.
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ramanHi Raman,
Did you ever figure out the issue above ? We have the same problem.
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Kevin. -
How to restrict manual change to exchange rate.
Hello
Requirement:
Our requirement is we want to control the manual exchange rate entry(user type or otherwise) at different form e.g. AP Invoice screen,AR Invoice,GL JV.
What ever the rate defined pops up,should only be used for transactions and no scope should be given to user to change the rate.
Process:
Our process is that We have a boundary system and we manually enter the rates daily and upload to Oracle Application by running a program interfaced with the boundary system.The rates fetched from the boundary system sits in daily rate form as spot rate.
The profile option "AR: Default Exchange Rate Type" has value "spot".
Similarly in payable option the rate given as "spot".
Solution provided by our consultant:
We have Below clarification from the consultant Oracle team on controlling who can enter exchange rates manually vs who can not.
Pls see response for both sub ledger and general ledger transactions. An ability to limit manual exchange rate entry & view is, therefore, available in Oracle.
In Oracle, the transactions are created in subledgers and manual journals are created in General Ledger.The defaulting of exchange rate type is done separately for different subledgers. For General Ledger (creating manual journals) the control is separate.
1)For transactions originating in subledgers , for eg.Accounts Receivable, the name of the profile option is "AR: Default Exchange Rate Type" and looking at your requirement, this should be set at "Corporate" and not "User" or "Spot". Setting it at Corporate, will make the application look at the predefined corporate rates. Similarly for transactions (invoices/payments) in Accounts Payable, the defaulting can be configured through payable options.
2)For manual journals , the defaulting of exchange rate type is controlled separately. This can also be secured by definition access set which will prevent unauthorized changes to rate type.
Questions:
1.Can we take their suggest given our process that changing the rate to corporate will restrict manual intervention of the user.
2.whether definition access set feature available in 11.5.10.2 and if so how can we configure.
3.What is the best way to restrict user from manual intervention.Hello.
For the mentioned forms, you can use Forms Personalization to force users to use a certain type(s) of exchange rate.
Octavio -
Message no. SG028 Ambiguous... exchange rate relation
Hi Friends,
I have a free of charge order. While doing the Post Goods Issue step, I am getting the following error message
Ambiguous EUR/USD exchange rate relations
Message no. SG028
I have searched in the forum and made sure that in transaction OB08 Exchange Rate EUR/US and USD/EUR (Exchange Rate Type M) has maintained properly in the system.
I have also made sure that the entries are properly maintained in SPRO - General Settings - Currencies - Define Translation Ratios for Currency Translation.
But still the error is coming, I saw in one thread, some one has reported the same problem even after maintaining the exchange rates in OB08, but no solution was suggested as far as I check. could anyone please give some inputs why the same error coming even though the exchange rates are maintained and how to fix this issue as I stuck in Post Goods Issue step
Thank youHi Christian,
Thanks for your time.
I've found the below entries in OBBS
M USD EUR 01.01.1900 100 : 1
M EUR USD 01.01.1900 1 : 100
Alternative currency is blank in both entries
In OB07 for exchange rate Type M all the fields (Ref. currency, Buy and Sell rate) and the check boxes are blank. it is still unclear for me being a logistics guy
While doing Post Goods Issue in other scenario I didnt have any error where currency GBP EUR invovled. In this case the OBBS entries EUR/GBP as below
M GBP EUR 01.01.2000 1 : 1
M EUR GBP 01.01.2000 1 : 1
Alaternative currency is blank in this case as well.
Does the valid from date or the ratio make any difference?
I could not clarify with my FI consultant as he is on vacation. Could you please let me know how to fix it.
Thank you -
Exchange rate determination at time of Good Reciept
My client has a manufacturing operations in Venezuela. They regularly import production materials as well as supplies etc. to run the business. The Venezuelan government defines the exchange rate on different types of purchases against the US Dollar.
When the goods are purchased the exchange rate is not known. The Exchange rate has to be applied to the transaction at the time of goods receipt. The exchange rate will be different for different types of purchases. For example: Raw materials are 2.6 Bs per dollar, Supplies are 4.3 Bs per dollar and all other purchases are at the rate of 5.3 Bs per dollar. The exchange rate must be entered correctly at the time of entering the Goods Receipt.
The exchange rates are controlled by the government and stay static for a certain amount of time, but can be changed with little notice by the Organization in control.
Has anyone on a global SAP implementation or who has worked locally in Venezuela encountered this in the past?
If so, how have you handled it in the system?Hi,
If the price control is V, there is no issues. When you make a goods inwards, the rate will be picked on that date and update the price difference to material value itself. Ensure, that correct rate updated before making the GR.
Best Regards,
Madhu -
In import PO, Exchange rate is not picking from PO
Hi All
In import PO, while doing Miro(Customs) and Migo, the system not taking PO exchange rate But it is taking Table Exchange rate.
is there any thing to be done?
Regards
manjuhi
in po header delivery/invoice tab tick exchange rate fix indicator
if u dont tick it system will pick the exchange rate what u maintain in OB08
regards
KI -
Exchange rate in header of acc.doc after posting return to vendor
Hi Gurus,
in accounting document, when i recalculated amount in doc.currency & amount in local currency in item line was not same with exchange rate in header section...Anyone can explain to me why this miscalculation can happen ?
ThanksHi Zafar,
exchange rate in header of this acc.doc was take automatically from table OB08 & the problem is in item line this acc.doc which is generated automatically after posting return to vendor the calculation amount in local currency was not take the exchange rate from header but from exchange rate when GR ( FLow : mvt 101--> mvt 122 ). so this is normal behaviour or there are bug ?
thanks in advance -
Exchange rate difference in f-03
Hi all
pl. help me. I am not able to clear open item in f-03 which is maintained in BRL. I am posting payment in usd. the error reads:
Ex.rate diff.accts are incomplete
Diagnosis
The accounts for posting exchange rate differences could not be determined. For the specified G/L account and the specified currency key, the accounts are only specified incompletely. Either the accounts for the implemented exchange rate difference, the accounts for the valuation differences or the balance sheet adjustment account are missing.
System response
The system cannot generate the exchange rate difference posting.
Procedure
By pressing ENTER, you achieve that the document is reset to a status without automatic posting. In another window, you can complete default settings for exchange rate differences and post the document afterwards.
I have called transaction OBA1, and entered the GL a/c and currency BRL. Even i cannot save it says
"Enter line items first or choose open items"
pl reply friends urgently
Thks
umaHi Uma,
Exchange Rate has been defined both the end. Like INR = USD and USD = INR.
Here you are not yet defined GL account for Exchange Rate Difference account (Gain or Loss).
T.Code OB09 Define G/L , Currency and Currency Type.
Before that you would have the GL account please create in FS00.
Hope it will help you.
Regards,
Sivakumar Sathiyamoorthy
+919916131375 -
Invoice Payment Using Current Day's Exchange Rate
Hello,
The currency of our Mexico company code is peso. Sometimes, they enter invoices with a document currency of US dollar. The invoice will pick up the exchange rate applicable on the posting date of the invoice. So far, so good.
On the day of payment, they would like to change the payment currency of the invoice to peso, and would like the payment program to pick up the exchange rate applicable on the payment date, and post differences accordingly. We cannot get SAP to do this.
Once the payment currency is changed to peso, the payment program simply pays the peso amount in the invoice; it doesn't consider the exchange rate of the payment date.
Does anyone know a way to get the payment program to use the current day's exchange rate, even if the payment is in the local currency of the company code?
I appreciate any assistance. Even if you think this scenario is not possible, that would be valuable information.
Kind regards,
JamesHi James,
I created a Invoice with a Foreign currency and the exchange rate is 1.50. When I goto the Incoming Payment to pay the Invoice the document appears with the foreign currency and the exchange rate as at that date is displayed.
If I change the currency to the Local Currency in the Payment Means, the amount of the Local Currency changes according to the rate defined.
Please check if this is what is happening in your system.
Regards,
Jitin
SAP Business One Forum Team -
Different Exchange rate type is picked while creating PO
Hi All,
We are maintaining daily exchange rates under exchange rate type "M" for currency GBP to INR. We have also maintained exchange rate type "ZCIG" but we are not maintaining daily exchange rates under this exchange rate type.
Still system is promting us to maintain the exchange rate under exchange rate type ZCIG instead of "M" while creating Purchase order. Becoz of this error i could not save the PO.
Please guide me on this issue.
Thanks
SonalHello,
Could you please let me know how you have solved this problem.
I want a particular exchange rates for a particular vendor posting.
Thanks,
Srini -
Mass update exchange rate type (not rate) in open sales orders
Hi all,
Our requirement is to update the exchange rate type at sales order header (VBAK-KURST) for all open sales orders with a new type created. (Z001). This field does not appear in MASS transaction for sales orders despite being present in the structure MASSSDHEAD.
This field cannot be located even in VA02 transaction (I am not sure if standard SAP masks or shows this field at header; I also can't find any transaction variants assigned).
Can anyone suggest how this field can be updated for sales orders either individually or in mass mode.
Regards,
KC
SAP SDYou are correct in indicating that Exchange rate type field is not seen in Header data of sales order. I checked screen layouts for various screens for sales order data and this field is not suppressed. The only reason could be that this field is not used in sales order screens
If you are interested, you could also check in the following way
1. Go to SE11, enter database table as VBAK
2. Once inside data dictionary table, click where used list button, select programs and screens and execute
3. click continue (don't select background)
4. now you would have list of programs and screens, this table is used
5. now start another session and go to transaction SE51
6. indicate program name as SAPMV45A and screen numbers as listed in step 4. you can check all screen numbers to see whether Exchange rate type field is listed in sales order layout.
7. Of particular interest would be screen number 4311 as this contains Financial accounting data & 4303 Billing data
8. you can check screen layout for screen 4311 & 4303. you would see Exchange rate type field is not indicated.
9. in case you could find this field in any screen, you could ask your ABAP consultant to add this field in the layout screen.
Hope this answers your question -
SBO 2007B
PL 04
I want to update the exchange rates before uploading the open sales documents.
I was in a understanding that BoBridge in DTW is used for uploading the exchange rates using DTW.
When i upload, it gives error.
my template:
Currency Date Value
Currency Date Value
USD 20080331 39.99
USD 20080618 43.1
USD 20080627 43.1
how to update the exchanger rates using dtw?
if not, what should be done?hi vijay,
Pl clarify you want to Upload / Update exchange rate ?
Try to upload/import it for a month.Ex. June 2008
Check this link which may be useful to you
https://forums.sdn.sap.com/watches!add.jspa?forumID=264&threadID=948068
Jeyakanthan
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