Exchange difference for Invoice

In company the Inventory is managed in different currencies as per GRN (Procurement) exchange rate. All the subsequent posting should be posted with GRN rate. But this is not happening at this moment. All the subsequent transactions to GRN are posted on the posting date exchange rate.
How to do subsequent postings to GRN at the original GRN rate. If there is any exchange difference loaded at the time of Invoicing then it should be taken care while doing subsequent transactions.
Kindly resolve.

Not quite sure I understand the question but . . .
On the Header level Delivery/Invoice tab you can fix the exchange rate. All GRs/Invoices then get posted with reference to that exchange rate. Is that what you want ?

Similar Messages

Exchange Rate for invoice matching IR = GR exchange rate

Hi Gurus
u2022 Exchange Rate for invoice matching IR ( at Feb at 2.10 ) should be similar to GRN ( Jan at 2.00 exchange rate ). Customer does not want to fix the exchange rate during the PO .
u2022 They want to pick up the exchange rate when the GR is being executed .Is there any automatic setting to enable this, they want to avoid manually changing the exchange rate during IR.
Best Regards
Wai Meng

Hi
Try this
LIV- incoming invoice - how exchange rate differences are treated - for your company code check the indicator as N - then if exchange rate is different then it will be posted to PRD.
But it is not possible to fix exchange rate based on GR, either you need to enter invoice date same as GR date then same rate will be maintained.
Thanks

Exchange difference on invoice posting

Hi experts,
Warehouse has done GR for material and system has generated the following transaction.
Inventory Dr. Rs. 10,000
GR/IR a/c Cr. Rs. 10,000
When finance posted the invoice system generated following transaction based on less foreign currency rate.
GR/IR a/c Dr. Rs. 10,000
Vendor    Cr. Rs.   9,700
Inventory Cr. Rs.     200
Exch. Diff Cr. Rs.    100
My point is that based on exchange rate difference system calculated the difference and reduced the inventory value, than how exchange rate difference generated?
Kindly help me to sort out this issue.
Thanks in advance.
Best regards,

In MM module, material is assigned to valuation class / type. There are two types of valuations. One is moving average and other one is standard average.
At the time of MIGO, the transaction is booked on the basis of valuation type and MIRO is booked on the basis of invoice value. The difference should go to the rate difference account maintained in account assignment.Check the valuation type and account assignment. I think the material you are posting has standard valuation type cause of which it is transferring the difference amount to price difference account.
Thanks,
shailesh
Edited by: patilshai on Jan 13, 2012 7:16 PM

Inventorising the Exchange difference in MIRO

We want not to inventorise the exchange difference while invoice verification (MIRO). We are in Actual costing scenario. when we do actual costing the exch.diff booked in MIRO (Invoice verification) is transferred to Inventory a/c. One way to avoide is to select "Exch.rate fixed" check box in PO. But the inventory is valued only with this rate. Any change in Exch.rate will not be considered for Inventorisation at the time of MIGO.
What we want is ,the inventory should be valued at the Exch.rate on inwarding (MIGO) and further variance should not be inventorised(Actual costing scenario).
Can anyone provide solution please.

Thanks BSK,
I thought this will not work here. Can you pls elaborate further.
My requirement is, I want to inventorise at the exch.rate on MIGO date. But further i do not want to inventorise.
Regards
MSR

Reversal of unrealized exchange difference

Dear Experts,
I need your advise on the following issue.
At our company we revaluate both bank accounts and open items in foreign currencies at each month end. At the beginning of the next month, unreal.exchange differences for open items are reversed but differences for bank accounts are not. Accordingly, we have permanent balance in P&L account for unrealized exch. rate gains and loses.
I would like to know if there any unirom approach to dealing with this issue. Do you have to reverse gains/loses for bank accounts each month or leave it as it is and make one journal entry to reverse accumulated gains/losses if/when particular bank account is closed, e.g. foreign currency balance is 0?
Thank You,

Hi Srinivas
Thank you for input.
Yes, we are not making any reversal for bank accounts, but are reversing gains/loses for open items such as accounts payable/recievable. Is this the case with other SAP users?
The issues is that P&L account has accumulated unrealized difference due to non reversal for bank accounts. Do we need to post accumulated balance to realized gain/loss when bank account is closed (zero balance in foregn currency)?
Best regards,

Exchange Rate difference for freight clearing

Hi SAP Gurus,
I am facing a problem regarding exchange rate fluctuation. We have an import PO with USD (300 USD for Goods + 24 USD as freight).
The Problem has come at the time of IR
At the time of GR exchange rate was Rs.46.75, but at the time of IR the exchange rate is Rs.50.30
Incase of Goods (GR/IR Material) system attempt to post the difference amount (for foreign exchange fluctuation) to the account defined under Transaction u201CKDMu201D
But incase of freight (Freight Clearing) system attempt to post the difference amount (for foreign exchange fluctuation) to the account defined under Transaction u201CPRDu201D
I want to post the differences (for Goods & Freight) to the account defined under Transaction u201CKDMu201D
Kindly help me.
With Thanks & Regards,
___SAJIB SAHA___

Exchange rate differences for open items (KDM)
Exchange rate differences for open items occur when an invoice and a goods receipt for a purchase order are posted at different exchange rates and the material cannot be debited or credited due to standard price control or stock shortage.
Price differences (PRD)
Price differences occur for materials subject to standard price control for all movements and invoices valuated at a price other than the standard price. Examples: goods receipts for purchase orders when the purchase order price differs from the standard price; goods issues when an amount is entered manually; invoices when the price invoiced differs from both the purchase order price and standard price.
Price differences can also occur for invoices for materials with a moving average price when there is insufficient stock coverage for the quantity invoiced.
Depending on the settings for the posting logic for the processing key PRD, you can work with or without account grouping. If you work with account grouping, the following are used in the standard system:
None for goods and invoice receipts for purchase orders
PRF for goods receipts for production orders and
order settlement
PRA for goods issues and other movements
PRU for transfer postings (price differences for external amounts)

Exchange Rate Differences for Alternative Currency

F110 payment run for invoices posted in foreign currency creates automatic postings to exchange rate difference (realized gain or loss) accounts linked to KDW.
What we are trying to do is to use another set of GL accounts to be posted automatically aside from what are defaulted in the KDW in OBA1.
Questions:
- Is F110 fixed to get KDW transaction to get which GL accounts will be posted to?
- Can we define another transaction with different set of GL accounts to be posted to? If so, how and where do we configure this so that F110 will not be defaulted to get KDW.
Thanks,
Ommar

Hello JeiMing,
Please reference to the following Note at link https://service.sap.com/sap/support/notes/1041007 for a detailed explaination on this Exchange Rate difference issue.
Hope this is helpful.
Regards,
Xu Zhang
SAP Business One Forums Team

Difference in Invoice verification ( GR/IR)- for Line item wise

Hi,
I have done invoice verification against PO but in my PO having 4 line items 10 to 40 so while doing invoice verification i have made a mistake in line item 10 i made quantity +1008 made extra and in line item 20 i have made less 1008 and i get to know information while doing MR11 line itme show higher quantity and lower quanty so GR/IR Clearing in not possible bacause of difference quantity and so i already paid entry tax on this PO and i can not do MR8M, is their solution workaround to nullyfy the line item
could u suggest if any kind of solution i will appriciate for ur valid suggestion.
Regards
Vinu.

Hi
If MR8M is not possible, then you can post a credit note using the same T.code MIRO for the difference for the excess quantity and later later post an invoice for the short posted quantity.
Regards

Exchange Rate date for Invoice posting for Slovak Republic

Hi,
We have a requirement wherein for Slovak Republic, Invoice should pick up ( at the time of Invoice Posting) the exchange rate from the Delivery Note date and not the Invoice Posting Date. This is applicable for all vendors which have a Slovak Republic VAT Registration number. I suppose this is some country specific requirement for Slovak Reublic.
Do we have to apply some Notes to achieve this functionality. Any pointers to this issue is highly appreciated.
Regards
Anupam

SO VBRK-KURRF (exchange rate for FI) is taken from "pricing date" in standard?
Are you 100% sure? :
FIrst of all: there is no pricing date (PRSDT) on invoice header level
Second: I`ve got information from FI that VBRK-KURRF is taken from posting (billing date) VBRK-FKDAT
I have found also programs, there is provided folloving calculation formula:
LV60AA90
Currency conversion (WAVWR is in local currency so far)
        ACTDATE = VBRK-KURRF_DAT.
        IF ACTDATE IS INITIAL.
          ACTDATE = VBRP-PRSDT.
        ENDIF.
        DA_WAVWR_HW = VBRP-WAVWR.
        DA_WAVWR_KW00 = WAVWR_KW00.
        DA_WAVWR_PCVP = WAVWR_PCVP.
LV60A036
Determine date
    IF vbrk-kurrf_dat IS INITIAL.
      ld_kurrf_dat = vbrk-fkdat.
    ELSE.
      ld_kurrf_dat = vbrk-kurrf_dat.
    endif.
So what is the verdict?

Exchange rate differences for GL Account Bank clearing

Dear Experts
when I run revaluation with exchange rate differences for Gl account bank clearing, why incoming payment transaction do not include in the calculation ? because of this, the balance have the wrong value
really appreciate your help
Best regards
JeiMing

Hello JeiMing,
Please reference to the following Note at link https://service.sap.com/sap/support/notes/1041007 for a detailed explaination on this Exchange Rate difference issue.
Hope this is helpful.
Regards,
Xu Zhang
SAP Business One Forums Team

Incoming payment VAT for exchange difference

I need to post the Incoming Payment (F-28 or F-36), with VAT tax about the exchange difference.
When simulate the post, appears the automatic position with the exchange difference but do not appears the VAT for this difference. Anybody know where customizing?

Please check this link
Exchange Rate configuration
thanks
SKKS

I have a fully functioning iPhone 4S that has been in water, it has left slight water marks on screen, everything else works and is in mint condition. I want to exchange it for an iphone 5s and pay the difference. Would this be possible at the apple store

I have a fully functioning iPhone 4S in mint condition apart some water marks on screen (dropped in bath) everything works perfectly as it should. I wish to exchange and pay the difference for an iphone 5s. Is this possible from the apple store (uk) how much do they normally give as a trade in and how much do they charge for an iphone 5s. Or should I just take it in and see if they will do a one for one swap and pay the difference. ( I don't like the water marks, it's annoying, maybe they will go away, I don't know) been sat in rice for a week.

The only thing Apple will do for you is an out of warranty exchange, & you will get EXACTLY what you have now. The cost will be US $199. Make an appointment at any Apple store.

Split invoice due to exchange rate for letter-of-credit

Hi Guru,
Orginially, I was trying to create a combined invoice and the the split msg appears. After some checking, so I update the exchange rate for all S.O. remove the Letter of credit, save, reapply the letter of credit to S.O.. and the error msg still appears. So I then try to create invoice per S.O. and found that split were due to the letter of credit rate diff within the S.O.
e.g.
S.O. 12345 , exchange rate 1.5
S.O. 23456, exhcange rate 2.0
1. I update S.O. 12345 to exchange rate 2.0.
2. try to create invoice, msg appears.
3. check table VBKD and found that the whold order exchange rate = 2.0 but for a few line item, the letter of credit exchange rate still = 1.5
Can anyone recommed how I can update the letter of credit rate ?
Thanks & Regards,
Rebella

Thanks. I guess i didnt explain my problem clearly. we create invoice using sales order not delivery note. We have a TPO process, we create SO, Vendor PO, and Vendor ship good directly to customer. We GR against PO, then bill using SO#.
Hopes it is clear enough for more help.
thanks.
Rebella.

Transaction Key for freight price differences while invoicing?

Hi all,
Which is the transaction key (of the OBYC) in case of freight price differences while invoicing?
I mean, in case of price differences of the below entry, which is the transaction key for those differences?
Purchasing freight account     FRE
Thanks!

Hi,
I will explain how accounts will hit for the Freight.
1)
At the time of MIGO Inventory account debit
                              Freight Inward account Credit.
At the time of Invoice Vendor account Credit
                                  Freight Inward account Debit.
2)
If u r not done MIGO for Freight(Means u r not included Freight cost at the time MIGO in PO) so at the time of Invoice
                           Vendor account Credit
                           Inventory account debit
2A)If at the time of Invoice verification Material not available in the stock that time it will hit
Vendor account Credit
Price difference Account debit
Thanks,
Raghu

Exchange Rate for Excise Invoice (J1IIN)

Hi Experts,
which field the exchange rate is considering to calculate the excise duty for export excise invoice?
We are maintaining Exchange rate in OB08 with Exchange rate type--M (Standard translation at average rate) on daily basic as per Bank Exchange rate.
But in excise invoice we want to calculate an exchange rate from customs which is maintained in different Exchange Rate Type (it will be changed on monthly basic).
We need to copy same exchange rate from billing to Excise Invoice which is not 'M' maintained in Company code setting in CIN config.
Please suggest,
Regards,

customer master level??is there any link between customer master and purchasing?
for my case, i have the exchange rate maintained in OB08 under exchange rate type "M" and rate of 1 JPY = 0.608 INR
during migo and after the conversion i got the below exchange rates for the respective custom duties.
BED = 28,742 JPY, after conversion in MIGO 17,475.13 INR, exch rate of 0.6079997912462598
AED = 12,740, after conversion in MIGO 7,747.02 INR, exch rate of 0.6080863422291994
CESS = 575, after conversion in MIGO 349.54 INR, exch rate of 0.607895652173913
SECess = 288, after conversion in MIGO 174.76 INR, exch rate of 0.6068055555555556
why is there a slight deviation among the exch rate among the 4 excise duties?is this behaviour normal?
because if i were to calculate using exch rate of 0.608, the results for the 4 excise dutie should be as below
BED = 17475.136 INR round off to 17,475.14
AED = 7745.92 INR round off to 7,745.92
CESS = 349.6 INR round off to 349.6
SECess = 175.104 INR round off to 175.10
please advice whether is there anything wrong and if the slight deviation above is a normal behaviour for 'M" exchange rate.
Also, i have also tried putting the 'fixed exchange rate' in the PO header but it's still havng the same symptoms.
Thank you.

Exchange difference for Invoice

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