Exchange rate account not defined

While doing F-04 for a particular bank incoming clearing account, I am getting an error saying : exchange rate account not defined for G/L account and currency INR.
All the postings in the account are in INR and I have also done settings in OBA1 for KDF.
Please help
Thanks

Why would I need to maintain exchange rate settings if all entries are in local currency?
One more observation:
During f-04 clearing, when I toggle between local currency and clearing currency, there is a difference of 25000000.
Any ideas?
Thanks

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Exchange rate type not defined for country

Hi All,
I have noticed an error message during testing of postings using tax codes. The error message nbr is FF802 (Exchange rate type is not defined for country XX). When we are testing postings on accounts for which tax code is ignored (not relevant) it is ok. Could you please let me know where exactly we have settings and how it is related to the tax codes ? I have never seen that connection previously.
Thanks,
Points will be rewarded afterwards.
Tomasz

Hi Tomasz,
The exchange rate types are defined at country level in General Settings and the company codes with that country can access that. Normally the exchange rate types are defined as M, P, B and G. M is for average rate and is used in FI, while P is for planning in CO.
Regd
Bharat

Exchange rate difference not going to the correct GL account

Hello,
In the transaction OB09, I have given the GL account 702000 for exchange rate difference realized loss and gain.
I have also maintained the exchange rates in the transaction OB08.
In transaction F-44(clear vendor), I give the foreign curreny(EUR) in the entry screen. When I do a charge off difference, however, I need to enter the amount in local currency(USD) because our bank operates in the local currency. When I do a document simulate, it puts the exchange rate difference into another GL account (703030 - that we have defined for unauthorized deductions) and not the one defined for the exchange rate difference(702000). This does not happen if I enter the amount also in the foreign currency.
Could anyone tell me the reason for this and the correction measures.
Any helpful suggestion will be greatly appreciated.
Thanks,
Rugmani
Edited by: Rugmani Rajan on Aug 27, 2008 11:35 AM

Hello,
The original problem is resolved. The current exchange rate was not getting uploaded to the system and as a result, the old exchange rate was being used. So it was putting the difference into the other account.
That has given rise to another problem. We use the TBEX to upload exchange rates from a centrally maintained spreadsheet. The upload is giving the following errors:
Securities master data EUR do not exist!
Interest rate master data CNY is missing
Suggestions and correction measures will be greatly appreciated.
Thanks,
Rugmani

Exchange rate accounting (FI) in header of billing invoice

Hello.
I have got a question about the exchange rate accounting (FI) in the header of the billing invoice.
Situation:
When creating the billing document: on item level the exchange rate type B is correctly taken for the date of billing as determined in the customer master data and the copy control.
BUT what can I do to fix in the header of the billing invoice the exchange rate accounting M from the month of the sells document (usually they issue the sells document one month and the billing document a month later)??
I tried to put the correct exchange rate accounting in the sells document VBKD-KURRF, but the value is not taken automatically in the header of the billing document.
Pressing F1 I get the message: Exchange rate for FI postings
The exchange rate that the system applies when you create an invoice.
Use
Your system is configured in such a way that it expects:
No prefix (leading sign) for direct rates
No prefix for indirect rates
Can anyone help please??
Thank you.
Regards,
Maike

If you are maintaining the exchange rate in sale order in the field VBKD-KURSK (Exch.rate-acct. in header accounting tab) then this rate will be passed on to the billing document header Exchange rate-accntg field.
Check whether the PricingExchRate type field is maintained as blank in the copy controls from delivery to billing.
Regards,
GSL.

Exchange rate Account

Dear All,
I have done
GR at (Ex-Rate 68)
& IR at (Ex-rate 70 )
The problem is that the Exchange Rate account is not getting hit.
kindly guide
Cheers

Define GL Accounts for KDM in OBYC trxn..
the KDM entry is for
Exchange rate differences in the case of open items (KDM)
Exchange rate differences in the case of open items arise when an
invoice relating to a purchase order is posted with a different
exchange rate to that of the goods receipt and the material cannot
be debited or credited due to standard price control or stock
undercoverage/shortage.

Error : Excise modvat accounts not defined for GRPO transaction and U1 exci

I have Created Impot PO, After Planned Delivery cost MIRO I am trying to Perform GR then its giving Error "Excise modvat accounts not defined for GRPO transaction and U1 excise group
Message no. 8I402"
I have already maintained GL account in "Specify G/L Accounts per Excise Transaction" for Excise group U1
This problem is coming when Additional Duty on custom condition type JADC is maintained in "Maintain Excise Defaults" node in the column "ADC Cond" . If I remove JADC condition type from this place the this error is not coming but AED column is not fetching any value while doing GR.
Please help me in this issue , still No answer
Edited by: shiwanshu singh on Jan 28, 2009 10:26 AM

Dear sir
For GRPO have you maintained sub transaction Type IP for your excise group U1. If you not maintained pl maintain . and assign G/L account to modvat clearing account , the G/l account should be same as company code CVD account.
Regards
jrp

Excise modvat accounts not defined for EWPO

Dear Experts,
when I click on 'Balance Choose' tab in J1IIN, it is showing an error message "Excise modvat accounts not defined for EWPO transaction and 60 excise group.Message no. 8I402" though I have maintain 'Excise account assignment table' in "Tax on goods movement>India>account determination>specify G/L accounts per excise transaction". I searched in that forum, but I didnt get no proper solution.

Hi
Check your entries
'Excise account assignment table' in "Tax on goods movement>India>account determination>specify G/L accounts per excise transaction
EWPO          CR Credit     CLEAR CENVAT clearing account
EWPO          DR Debit     RG23AED RG 23 AED account
EWPO          DR Debit     RG23AT1 RG 23 AT1 Account
EWPO          DR Debit     RG23BED RG 23 BED account
EWPO          DR Debit     RG23ECS RG 23 ECS Account
EWPO          DR Debit     RG23SED RG 23 SED account
regards
Prashanth
Edited by: Prashanth@SD on Apr 12, 2011 2:00 PM

Excise modvat accounts not defined for GRPO transaction and 58 Excise group

Hi Experts,
When i am doing Goods receipts for Depot for Subcontracting
i am getting this error message .Excise modvat accounts not defined for GRPO transaction and Excise group. For Depot no modvat. is there any configuration setting for depot. Please do needful.

Hi,
Please maintain
Hi,
go to SPRO
Specify G/L Accounts per Excise Transaction
SPROLogistics u2013 GeneralTax on Goods MovementsIndia Account Determination  Specify G/L Accounts per Excise Transaction
Enter excise group -58
ETT_ GRPO
and G/L account
G.Ganesh Kumar

Excise modvat accounts not defined for DLFC transaction and excise group

Dear Experts,
Iam raising this question after checking all the contents related to Sub Transaction type in SDN.
My prob is: for raw material sales scenario i have created order delivery and invoice. For Invoice i have done account determination with a different G/L in VKOA. Now i have to create an excise invoice and the accounting entry for central ED on sales should go to different G/L account. for account determination i have done the following settings:
Maintained Sub transaction type in
IMG -> Logistics - General -> Tax on Goods movement -> India -> Basic Settings
->Maintain Sub Transaction types
IMG -> Logistics - General -> Tax on Goods movement -> India ->
Account determination -> Specify Excise Accounts per Excise Transaction.
Here against DLFC sub transaction Type is maintained..
Also
IMG -> Logistics - General -> Tax on Goods movement -> India -> Account determination -> Specify G/L Accounts per Excise Transaction
Here maintained Excise group with DLFC Company Code subtransaction type, chart of accounts and all required GL Account .
But when the iam creating Excise Invoice in J1IIN and clicking on Subtransaction type-F4, no entries are shown. No values found is the message in green. Message no. DH801
If i use subtransaction type and enter billing document and enter, the following error message comes:
"Excise modvat accounts not defined for DLFC transaction and excise group"
Iam unable to understand why the subtransaction type maintained is not showing in TCODE J1IIN?
Regards

For the error message DH801, please check note 840911
Excise modvat accounts not defined for
DLFC transaction and excise group"
Please check your G/L assignments "Specify G/L Accounts per Excise Transaction"
thanks
G. Lakshmipathi

Excise modvat accounts not defined for CAPE transaction and TS excise group

Hi Guys,
Suddenly we are facing issue during exicse invoice capturing with MIGO
system is giving following error
"Excise modvat accounts not defined for CAPE transaction and TS excise group
Message no. 8I402
While in Excise account assignment table CAPE is Linked to Modvat Clearing Account which is further liked to correct GL
Can any one explain the cause of this issue Points will be awarded
Regards,
Ashish

Hi
Pls maintain the following:
1. SPRO->Logistics General -> Tax on Goods Movements -> India -> Account Determination -> Specify Excise Accounts per Excise Transaction
Pls note the Sub Tansaction type is IP for ETT CAPE.
ETT <b>Sub Trn Type</b>   DC Ind                Account Name
CAPE     IP           CR Credit     ONHOLD CENVAT on hold account
CAPE     IP           DR Debit     ONHOLD CENVAT on hold account
CAPE     IP           DR Debit     RG23AED RG 23 AED account
CAPE     IP           DR Debit     RG23BED RG 23 BED account
CAPE     IP           DR Debit     RG23SED RG 23 SED account
CAPE       IP                   DR Debit             RG23ECS RG 23 ECS account
2. SPRO->Logistics General -> Tax on Goods Movements -> India -> Account Determination -> Specify G/L Accounts per Excise Transaction
Check the G/L accounts for Excise Transaction Type CAPE and maintain the same G/L accounts for ETT CAPE with <b>Sub Trn Type IP</b>.
Hope this clarifies.
Thanks

Error - Excise modvat accounts not defined for DLFC transaction and 01 exci

Dear All,
Getting below error while doing J1IIN - Posting Excise invoice for Sale.
"Excise modvat accounts not defined for DLFC transaction and 01 excise group"
I checked with the settings GL are assigned to for DLFC and 01 excise group.
Is anywhere else I need to mantain the modvat GL
Regards,
Rakesh

Check if you are using any subtransaction type along with excise transaction type.
Excise group, ETT, company code, sub transaction type (if any), Chart of account, Modvat account (pls maintain all the entries over here) search for modavat clearing field and maintain it.
BR
Edited by: Sujoy on Jan 15, 2010 9:45 AM

"An Exchange Rate Does not Exist" error while creating an item

Hi..
Pre-requisites: RMS is installed without base data
We are trying to create an item in RMS by filling the required information in "Item Maintenance window" and "Supplier details" screen. After this is done when we select the "Retail by Zone" link and the application prompts an error message : "An Exchange Rate Does not Exist", and all the values in "Retail by zone" screen are not populated. How do we ressolve this?
Thanks in Advance
Yamini

Also, make sure that if a currency has a rate entry for example, 01-jul-2010, then make sure that ALL other currencies have a rate entry for 01-jul-2010, even if the rate has not changed for other currencies - a little trick I learned from an Oracle consultant.
Alan

Inventory account not defined in item code

Hi,
Iam trying to add A/p Credit memo from A/P invoice (Copy to method) and changing Unit price of one item (there 8 items) then it gives error of "Inventory account not defined item code" i check all accounts in Item group and Wh also.i also change item gr.of particular item and update it correct item gr.relogin but still problem occurs so pl suggest me solution.
Regards
Sudhir Pawar.

HI
If ur using purchasing acc.System method u have to define the accounts for purchase acc., purchase offset acc. then ly it will allow to add. Also check the new item group which u have changed now, check whether all acc.s r there r not in that group.
Also Purchase Return acc.
Giri
Edited by: Giri dharan on Aug 18, 2009 11:15 AM

Why exchange rate is not displayed correctly when I create the PO in SRM?

Hi Gurus,
Yesterday I insert a new row at OB08 tx. at backend system (R/3) for exchange rate of May 17,2010, the value was 10.00. Then I run the BBP_GET_EXRATE program to replicate the info to SRM.
But when I created a purchase order (PO) the value was 12.24 for exchange rate (this value 12.24 is the value for the previous day May 16, 2010).
Today morning (May 18, 2010), I inserted another row at R/3 and replicated to SRM, the new value for May 18 was 11. I create another PO and the value was 10 for exchange rate (the value for yesterday).
But when the PO is transmitted to R/3, the exchange rate is the correct.
My question is: Why exchange rate is not displayed correctly when I create the PO in SRM? Exists an aspect of memory in SRM that it has to be refreshed? Why SRM is getting the exchange rate for yesterday? Is an issue for time zone?

Hi Muthu,
I'm in Extended classic.
I already discovered what is happening. At the time of being creating the purchase order (PO), it takes the exchange rate of the delivery date of the shopping cart (SC). But when the order is authorized and tries to transmit it to R/3, it takes the exchange rate of the date of creation of the PO.
Two checks of budget exist:
1.- When creating PO (exchange rate date of delivery date of the SC's item)
2.- When authorized and tries to transmit it to R/3 (exchange rate date of creation date of the PO)
If exchange rate of delivery date of the SC is lower than exchange rate date of creation of the PO, there are cases in which it is marking budget error.
Now my question is: It is a standard behavior? (to take different exchange rate)

G/L account not defined in charts of account CATN... How to maintain it.

Hi Gurus,
While doing MIRO... I am entering
1. company code
2. Date
3. Refrence number
4. PO number
when i enter i get the error as "G/L account not defined in charts of account CATN... "
How do i maintain it and get this issue solved.? Please help
Thanks,
Forum

Hi
Creating New G/L Accounts for the Chart of Accounts.
       1.      From the SAP Business One Main Menu, choose Financial ® Chart of Accounts.
The Chart of Accounts window appears in Add mode.
       2.      Click on the drawer to which you want to add the new account.
       3.      Enter a unique code in the G/L Account field, and then enter all other relevant details.
       4.      Choose Add.
Check out the link for more details
http://web.mit.edu/sapr3/windocs/fomds01f.htm
Regards
Anand

Exchange rate account not defined

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