Exchange rate difference between MIRO and GR/IR

Hi,
Exchange rate difference between MIRO and GR/IR we need to written off as a expense for imported w/off expense and in case of assets we need to post exchange rate difference to exchange fluctuation account. Currently exchange rate difference is accounting under capital work in progress(Asset)instead of exchange fluctuation.
Thanks in Advance
Regards
Venkata Suresh

Hi,
At MIRO stage, after entering PO number system will automatically populate the GRN value for selection. Here if you found that invoice value, which you have received from the vendor, is more than the system proposed amount, then you can adjust that diff amount in the GL account tab, which is next to PO reference tab in MIRO.
There enter the exch loss GL account and enter the diff amount.
Thanks,
Srinu.

Similar Messages

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    JEC

    No, not with std config
    but you can do the custom developement.
    make sure when you post the query
    it should match you query and subject information
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  • Exchange rate differences between GR and IR

    Hi Gurus,
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    The system is:
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    Software component:  SAP_APPL     
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    Hi Gurus,
    i have a problem about a exchange rate differences beetween GR and IR. Customizing setting is done based on this logic (transaction OMRW, ERD setting = blank).
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    When the user simulate the posting in MIRO, transaction KDM is not activated (used).
    Is to be underline that if item amount is not change but it remains untouched, transaction KDM is used correctly.
    The system is:
    SAP ECC 6.0
    Software component:  SAP_APPL     
    Release:  600     
    Level: 0016     
    Highest support package: SAPKH60016     
    Short description of software component: Logistics and Accounting
    Have you any ideas about the reason of this malfunction?
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  • Exchange Rate difference between PO , GR and IR

    Hi All,
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  • Difference between MIRO and MIRA

    Hi All,
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    Hi
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    Please let me know if have any clarification
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  • Exchange rate difference in MIGO and MIRO

    Dear Experts,
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                        GR/IR  Dr         62.5908
                               To Vendor        NIL 
                        Total                  63.5908
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    Doc. Curr (USD)
    Ex. Rate
    PO No.
           32,081,541.24
               505,002.42
                   63.52750
    5500200091
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                   62.69000
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    Thanks in advance. Your suggestions will be highly appreciated.
    Best Regards,

    Hi Monika
    Please also exchange how you have set up the treatment of exchange rate differences for your company code for LIV under the path:
    IMG>Materials Management>Logistics Invoice verification> Incoming Invoice>Configure how exchange rate differences are treated
    Check if you have N or X maintained here. If you have any of this config, you will need to maintain the GL Account in KDM as well
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  • Currency exchange rate changed between GR and Invoice

    Hi,
    How we treat the difference of exchange rate occured between Good Receipt and Invoice (MIRO) ?
    Please advise
    Regards.

    Hi,
    You can use MR11.
    If you do not want the exchange rate difference to occure, then use the "Fixed Exchange Rate" in the PO header.
    Regards,
    SDNer

  • Unplanned delivery cost & exchange rate differences in MIRO

    Hi Gurus,
    while posting MIRO, I am facing the following problems.  If anybody gives me reply, it will be a great help.
    1.  Unplanned delivery cost:
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    how we can map this?  how system behaves when stock is there and not there?  also tell me which G/Ls will trigger.
    2. Exchange Rate:
    I maintained exchange rate in OB08. while doing MIRO, how system posts exchange rate differences.
    which G/Ls will trigger.
    in case of conditions like customs duty, cess  etc how system will behave?  which G/Ls will trigger?
    Thanks in advance
    KK

    Hi,
    According to first question:
    For unplanned cost You have configuration for plant code:
    Configuration: SPRO->MM->LIV->Incoming invoice->Configured how unplanned delivery cost are posted
    You have 2 options:
           - Distribute among invoice items
           - Different G/L line           
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    If the stock will be available, then system incrase valuation, If not will be deviation.
    G/L account for unplanned cost is taking from PRD(for Distribute among invoice items) or UPF(for Different G/L line) transaction from OBYC tcode and for FRA/FRB condition is FR1.
    Question 2:
    Configuration: SPRO->MM->LIV->Incoming invoice->Configure How Exchange Rate Differences Are Treated
    G/L account takes from KDR transaction from OBYC tcode.
    Regards
    Lukasz

  • Exchange Rate difference in MIRO

    Hi,
    A Import PO made at 63.52/EURO and Exchange rate Fixed not ticked.
    When i do the MIRO,the exchange rate shows as 56.9/EURO and the field is greyed out.
    How the Invoice can be posted and where the differnce will go.
    Is there any configuration for this?
    Regards

    hi,
    If Exchange rates difference has occured, then its posted to the Exchange rate difference account....
    You can make it fix by using the FIX Exc. rate indicator at the PO header...By this the rate will be fixed throughout the process ie. from PO to IR...
    Regards
    Priyanka.P

  • Exchange Rate Difference in MIRO not posted to the KDM account

    Dear Gurus,
    I have a query, I have defined an account in KDM. After the GR of the PO, if there is a difference in Exchange Rate system posts the Exchange Rate Difference to the Stock Account.
    My client wants this this difference at the time of MIRO should be posted to the KDM account. I am invoicing in my Company Code Currency not in PO currency this is also a requirement.
    Kindly provide me a solution for this.
    Regards,

    If material price is standard then only KDM account will account.
    Check this answered link [Exchange Rate Difference |Exchange Rate Difference]
    Edited by: Jeyakanthan A on Aug 3, 2010 2:13 PM

  • 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,
    Sanjib

    If the requirement was to maintain balance in USD and Canadian dollar, You can use the Reporting currency option instead of Secondary ledger.
    Regards,
    Chirag

  • 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
    Shivaji

    Dear,
    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

  • Exchange rate different between PGR and reverse GR

    Hi,
    We do PGR(vl32n) and reverse GR(vl09) in the same day for our import po,
    but system picked different exchange rate which caused PPV exchange rate .
    (We do not tick the fix rate in PO)
    As per my knowledge,the GR&GR reverse exchange rate are controller by OBA7(document type WE),
    Why there are different exchange rate,please correct me.
    Jason

    hi,
    Exchange rates are to be defined in the table OB08...it defined for the period...which gets changed from time to time....so there is difference in exchange rates.....
    Pls check...
    Regards
    Priyanka.P

  • Exchange rate difference in IR AND CREDIT MEMO

    Hi,
    Toady our client  has raised the invoice  through migo with reference to  PO with exchange rate of  Rs.42.10 (from Exchange rate table) per us dollar .
    But  while doing the Invoice  the same day through MIRO  exchange rate is Rs 41. which is not maintained anywhere.
    as a result there is a price difference .
    Could you please help  me to solve the above issue where  exchange rate Rs.41 is taking?
    Thanks.
    V.K

    Hi,
    The have not maintained in info record. but PO the rate is  GR rate only.

  • Realized exchange rate difference in local and group currency

    Hi Friends,
    For a company code with local currency as Euro and group currency as USD, the setting in TR code OB22 for group currency is: Translation taking first local currency as a basis. When the open items are cleared, SAP posts difference in local currency and group currency. Sometimes, document currency is also group currency i.e. USD. The realized exchange difference is posted in Euro but it is not converted from Euro to group currency. Instead, system just calculates difference in group currency by comparing the value in group currency at the time of original transaction and when the transaction is cleared. Does anyone have dealt with such requirement and is there a way to be able to translate realized exchange differences from local to group currency?
    Thanks and regards,
    Pinky

    >Sometimes, document currency is also group currency i.e. USD.
    Can you explain, it's because of your settings or because of SAP?

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