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
Satya
Hi 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?
Thanks
Satya
Similar Messages
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Exchange rate diff. accts are not defined for account 16145110currency INR
Dear SAP Gurrus,
I am facing a problem while making payment against invoice, receiving payment against invoice, clearing advance payment and advance receipts through T-code F-53, F-28, F-44 and F-32. System is allowing me to select the invoices against which I want to do the clearing but when I go for simulation I am getting the following error -
' Exchange rate diff. accts are not defined for account 16145110currency INR'.
When I click on the error message the performance assistant gives methe following details:
Exchange rate diff.accts are not defined for account 16145110 currency INR
Message no. F5062
Diagnosis
The accounts for posting the exchange rate differences could not be determined. For the specified G/L account and the specified currency key, no corresponding exchange rate difference accounts were determined.
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 the default settings for exchange rate differences and post the document afterwards.
Proceed
My client is local. Even the local currency is set to 'INR'. There is no foreign currency involced while making invoices, payment and receitps. Eventhough the system is giving me error. As a result I am not able to clear open items. Please give me some feasible solution so that I can clear the open items.
Thanks in advance
Regards
Shreyas Wanihi,
As you said, you are not maintaining any Exchange rate differences, It may not be required a Exch rate Diffrences account.
Please check whether you have created any Group / Parrallel curencies etc in co.code level.
Please go through the notes 209580 / 89531, hope it helps you.
Regards
Kanna -
Exchange rate diff.accts are not defined for account 13100100 currency INR
We are facing issues with doing BRS and getting the following message,
Exchange rate diff.accts are not defined for account 13100100 currency INR
We have tried all possible steps mentioned on SCN,please note the acoount mentioned above does not have the open item management.
Assigned GL accounts on transaction DSA-Difference arising on G/L acct clearing.Hi ,
THis question has been Asked and answered lot of time .
Can you Please go to OB09 and define your GL account to solve this problem
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Exchange rate diff.accts are not defined for account 16138579 currency INR
The following message is coming,while trying to clear vendor account of capital services.Exchange rate diff.accts are not defined for account 16138579 currency INR
Please help us to resolve the issue.Hello Kishore,
Use TCode: OB09 and maintain FX determination account for G/L account 16138579. In case you have local currency 2 then you will also need to maintain FX determination see below example:
Additional setting in case you have local currency 2 -
Exchange rate diff at the time of GR
Hi All,
l have an issue which is, when l fix the exchange rate in my PO, at the point of goods receipt, differences are generated. that is,
at date 01.02.09, exchange rate on PO is fixed.
at date 11.02.09, goods receipt is done and when the accounting document is checked
it post a difference between the fixed PO rate and what's maintained on the exchange rate table
to the forex account. So l get this:
Dr Stock account
Dr Price diff account
Cr GI/IR account
Cr Forex account
Note: that IV is not yet carried out here at all. Price control is moving average.
My understanding is that differences arise between the time of GR and IV, if PO is not fixed.
RegardsHi
If you fix the exchange rate indicator in purchase order, and doing GR (different exchange rate has been maintianed in OB08), then you inventory will be valuated at PO exchange rate. Difference will go to gain/loss on exchange rate (foreign currency exchange rate account). Same will be negated by price difference account.
You have one more setting for IV exchange rate in MM - LIV - incoming invoice - how exchange rate difference are treated. Here you maintain the settings for GR and IR exchange rate differences.
Checking the exchange rate fix in PO has nothing to do with GR and IR rate differences as through out the process the rate is constant.
Thanks -
How to require to specify an exchange rate type on F110 ?
Dear all,
When we use Tcode: F110, by default the exchange rate type M is taken.
But in our case, we would like to use the exchange rate type B.
Is it possible to give a default value for this field ==> B ?
Or how could I force the user to specify a value for this field ?
Thank you for your help
Best regardsHi,
That is possible in Define Valuation Methods
spro/ Financial Accounting (New) / General Ledger Accounting (New) / Periodic Processing / Valuate / Define Valuation Methods
there it self u can maitain Exchange rate type for Debit balance B.
Exchange rate type for Credit balance B
If u have any doubt let me know.
Regards,
Nauma. -
Exchange rate diff. influencing the available cost of WBS-element
Hi all,
here is a intricate problem I need help to solve. I am not so very experienced withon CO/PS, my main competence is within PM. This issue involves PM/MM/PS and CO so I am not sure if this is the correct group to post to, but I give it a try..
In PM (Plant Maintenance) workorders the u201DPlanned Costu201D is calculated. Exchange rate type for the u201DPlanned costu201D is picked from the CO Cost Version u201D0u201D that uses exchange rate type u201DPu201D. This is a exchange rate type that have one yearly fixed exchange rate. The actual costs are posted with exchange rate type M, which is daily updated.
The Planned cost in the workorder is a part of the u201DAssigned Costu201D that are influencing the available budget on the WBS-element. u201DRemaining/Residual order planu201D.
In cases where the PRQ/PO are created in other currency than the Company code currency we have a problem:
The difference in exchange rate are causing the u201DAvailable budgetu201D to be too low u2013 and the only workaround I have found is to decrease the planned cost in the WO to release the available cost for the Budget. (make the available cost higher )
Does anyone have an idea how to solve this?
- I have thought of setting the exchange rate type for the planned cost to be the same as for the actual costs u2013 but it is not recommended to change the exchange rate type in CO for cost version u201D0u201D and not a good ide to change the exchange rate type for actual cost eather. This will also not solve the problem of exchange rate difference caused by PRQ/PO beeing created for a whole year for varying exchange rates.
- Is there a way to exclude the u201D Remaining/Residual order planu201D from the u201DAssigned Costu201D? And what consequences will this have? Only cost from PRQ/PO will appear? (Since internal material (reservations) and internal hours not triggers a PRQ/PO)? I see there is a transaction CJE5 where you can exclude the u201D Remaining/Residual order planu201D from the u201DAssigned costu201D u2013 but I think this will only exclude it from beeing shown in the report S_ALR_87013558?- not from the calculation of available cost at the WBS-element? which is what I need. (see Note 668240)
-Is there any u201DExchange rate differenceu201D setting in the customizing u2013 how exchange rate difference are treated for PM orders? And will this help my problem?
Best regards
EllenHi ,
try this way...
Go to T-code>CJE0>Enter CO Area-->and execute the report 12KST1A ->in the selection screen -->
go to menu -->system -->status check the program name and ...copy
next go to se38 and copy yhe above program name and execute and use submit report with selections,,,,
Prabhudsa -
Exchange rate diff amount posted to AUC asset
Hello All,
I am stuck with one issue and looking for some help
We are creating purchase order with account assignment as projects and then doing MIGO & MIRO and then settling through CJ88 to AUC asset.
The issue is related to exchange rate difference amount posted to AUC asset.
MIGO and MIRO are done on different dates and the difference amount in exchange rate posted to GL account maintained in KDM.
Now, when i settle the WBS element through CJ88 the AUC asset is posted with amount including the exchange rate difference amount.
Business do not want the exchange rate amount added to the AUC asset.
please confirm is this the system standard behavior .
Your inputs appreciated.
Thanks
ShashiHi Shashi,
As per Accounting Standards, the asset must be valued on the exchange rate on the date which risk and reward is transferred from seller to buyer.
For example If the vendor despatch the assets on 01.03.2014 at his place and contract is Exworks then the asset must be valued on exchange rate on 01.03.2014. Lets assume exchange rate on that day is 1USD=60INR. The price is 100 USD. You receive the assets on 10.03.2014 and exchage rate on that day is 55 INR. Now if you make GR on 10.03.2014 Asset value will be 5500 INR whereas as per AS it should be 6000 INR. That is why when you do MIRO the differnce between 6000 and 5500 is posted to asset.
When you do MIRO you must enter currency(USD) in Basic data tab and exchange rate 60 in details tab.
What happens in your system is standard behavior of SAP as well as correct process as per Accounting Standards.
Hope it is clear.
Regards,
G.Sethuraman -
Cannot combine sales order item into one DN cause LC exchange rate differ
Our users want to combine all items into one DN(delivery notice) to save their effort on packing.
But it is not possible because some items were added(modified) into the sales order afterward and resulted in a situation where Exchange rate for letter-of-credit procg in foreign trade(vbkd-akkur) is changed. Which makes inconsistency between Header's vbkd-akkur & items' vbkd-akkur.
Is there any way to bypass this limitation and let those items combine into one DN?
Edited by: Chih-Chieh Chan on Dec 10, 2008 9:56 AMYes, all items share the same pricing date.
BTW, it made me wonder that (color:red)VBKD-AKKUR is something to do with exchange rate. I used TCode ob08 to check out all of the exchange rate users maintained. To my surprise, all exchange rate records exist no such identical value as shown in VBKD-AKKUR where that Sales Order number is under my concern. That's odd. -
Exchange Rate Difference Posting
Dear Gurus,
I am facing atypical scenario in Production and development Clients.While clearing open items for a BanlK GL (USD Currency) in production there is no exchange differences being calculated by the syste.There is difference in Exchange rates between the original document and the clearing document.
But for the same GL in Development I am getting Posting to Account maintained in KDB Key.
I would like to know what can lead to difference in scenario that in one case system is calculating difference and posting and in the other case no.
Please help.
Regards
RajuDear All,
Let me elaborate the scenarion in more deatil:
We post Foreign Currency Invoice LIV--MIRO say rate is 41 USD/INR
For payment F110 No Exg rate differences is selected in FBZP--So no Exchange Rate Difference is posted for payment.
Now for clearing the bank Sub account Entry posted by APP user input LIV Exg rate in past and systen allowed to clear with no Exg rate Differ.This is OK.
Now when user try to clear same account with same entry system is issue msg like No Exg Rate diss account maned.I tried to clear th GL document with both LIV and APP exchage rate its strange that is each case system expects Exchange rate diff account.
I maintained in FBKP KDB in development client but then Exg Rate diff is getting posted which is not the requirement.
Can any body please help.
Regards
Raju -
Exchange rate difference to be hit to desired GL account
Dear Experts,
While doing material IV the exchange rate is different and bill of entry figure for Exchange rate is different...so the difference is hitting say for ex.GL account A..(Foreign exc var-exp)...But the user wants it to be hit in GL account B..(RM Consumption).when we enter FBL1n i.e Vendor line item display..it is showing GL account A
In this case please guide me from where it needs to be changed...
Regards
NaineshHello,
See T.Code OMRW
SPRO-MM-LIV-Incoming invoices-Configure how exchange rate diff are treated.
Regards -
Exchange Rate difference account-
Hi All,
Please help me to find a solution for the scenario below.
Business process is third party PO scenario where the vendor currency(USD) is different from ccode currency.
Material is valuated at 30 EUR.
PO is made with the vendor at Rs.51.60 USD.(Exchange rate is not fixed at header level in PO)
GR is made at 51.60 USD
While doing IR,the exchange rate has changed from 1.290 to 1.395.
What configuration should be done for the system to post to Exchange rate difference account(transaction key KDM)..
(As of now the difference in price is posted to the consumption account,Which was already hit during GR).
Regards,
Deepak.HI DEEPAK,
If Price control maintained in Material master is " V " then, at MIRO,
1. exchange rate diff. will be posted to stock account if available stock qty is >= invoice quantity
2. exchange rate diff. will be posted to exchange rate diff acct (as per KDM) ,if available stock qty is 0
3. exchange rate diff. will be posted propotionately to stock account and exchange rate diff acct (as per KDM) ,if available stock qty is < invoice quantity
If Price control maintained in Material master is " S " then, at MIRO,
1. exchange rate diff. will be posted exchange rate diff acct (as per KDM) i.e. irrespective of stock availability.
pls, check and revert back
Regards,
jay -
Exchange rate difference in GR & IR
Hi experts,
I am using " V" price control for imported goods. Many times exchange rate at the time of IR is different from GR.
So, while posting vendor invoice (i.e. MIRO) exchange rate difference is posted to Exchange rate diff A/C (KDM account) only if stock quantity (book inventory quantity) is smaller than IR quantity or "zero". Otherwise this exchange difference is posted to "stock account" (if stock is available).
At the time of MIRO, I want every exchage rate difference to be posted to Exchange rate diff a/c (KDM account) regardless of stock quantity and price procedure (V or S).
How to do this? Pls help me out. Thanks in advance
regards
jaiHi,
When an invoice relating to a purchase order is posted with a different exchange rate to that of the goods receipt exchange rate; the differences arisen for the open items will be posted to the transaction/ event key 'KDM' in the case of Standard price control "S" automatically.
And, incase of Moving Average Price control "V", you need to take care that stock is undercoverage/shortage, to trigger KDM.
Regards,
Narayana. -
Exchange rate difference in SAP MM
Hi experts,
Is there any way to bring the exchange rate difference at time of invoice to some other account rather than stock account.
The scenario is; for eg.
in PO : 1 USD = 50 INR
@ GRN 1 UDS = 55 INR
@ INV 1 USD = 60 INR
At the GRN, inventory will be updated with 55 INR.
At the INV, system will value vendor at 60 INR, but in Standard SAP, the difference of 5 INR will be updated as below.
1. exchange rate diff. will be posted to stock account if available stock qty is >= invoice quantity
2. exchange rate diff. will be posted to exchange rate diff acct (as per KDM) ,if available stock qty is 0
3. exchange rate diff. will be posted propotionately to stock account and exchange rate diff acct (as per KDM) ,if available stock qty is < invoice quantity
Is there any way, that system will post the exchange rate difference to separate account , rather than inventory.
It is because in client audit, the audit concern say, according to Indian standards, inventory should be valuated only one time in imports. In case of any differences, it should post to separate account and not inventory. They say SAP allows that. Client asked us the same.
I have checked, OMRW, but even after giving 'N' in ERD setting, system is posting to stock account only.
Any way to meet this??
Regards
sBkDear Sujith,
Exchange rate differences for a moving average price material will be
posted to the stock account, provide there is sufficient stock coverage.
Transaction OLMR -> Incoming invoice -> Configure how exchange rate
difference are treated.
If you set this selection field then the settings in the ERD Setting
column for this currency type are no longer relevant. The system
calculates and posts exchange rate differences between order-related
goods receipts and invoices not just for materials with standard price,
but also for:
* Materials with moving average price
* Account-assigned transactions
* Planned delivery costs
Because of this setting the exchange rate differences are posted to KDM
account instead of stock (BSX) or price difference (PRD) account
If you uncheck the field, exchange rate differences will be posted to
the stock or price difference account, for a moving average price
material, based on the stock coverage.
Please refer Sap note 980402 in detail
regards,
lalita -
Treatment of exchange rate difference in MIRO
dear all,
During the GR entry the value in USD IS 10000 & exchange rate is Rs.50.00.But at the time of MIRO the value is USD-12000 & the excange rate is Rs.52.50.
The above transaction should have the following accounting entry.
At GR.
Stores a/c Dr. 500000 (10000*50.00)
To Provision a/c 500000
At MIRO
Provision a/c Dr. 500000
Stores a/c Dr 100000 (USD2000*50.00)
Exchange rate Diff.a/c Dr. 30000 (USD12000*2.50)
To Vendor 630000
Now how to give this effect in MIRO pl. advice.
Thanks
ShivajiDear,
Please check the following:
1. There is a price difference in PO price and Price at MIRO --I can see there is
2. Please check if your stock exist-- I am sure stock is there
If above is true then this is standard behavior of SAP..
Please note: If there is any price difference in PO price and Invoice amount then system post difference to stock Account is Stock Exist, if stock do not exist then it post to your price difference account.
Hope this is clear to you, if not then please revert...
Br,Vivek
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