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
Nainesh

Hello,
See T.Code OMRW
SPRO-MM-LIV-Incoming invoices-Configure how exchange rate diff are treated.
Regards

Similar Messages

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

No exchange rate difference at Invoice Receipt for PO with account assignme

Hi all,
I have a PO with account assignment "K" postinged to G/L account XYZ.
In OBYC, the MM exchange rate difference (KDM) account is set to ABC.
The exchange rate between GR and IR is different.
I expect there should be an exchange rate difference posting to ABC, but instead it's posted to the GL account in the PO, i.e. XYZ.
Do you know what is missing?
Many thanks.
Manlee

Hi
Have you checked if note 980402 is in? We found on a customer system that even though this note was in some settings were still missing which SAP support inserted as follows (per point 49 of the note):
49. Use transaction SM31 to add the following entries to the table T169A.
BUSTW CNT02 VORSL FELDN FELDN_ALT BUZID
RE02 03 KDM KRDIF P
RE10 03 KDM KRDIF P
RE11 03 KDM KRDIF P
RE13 03 KDM KRDIF P
RE21 09 KDM KRDIF P
RE22 10 KDM KRDIF P
After this correct the system is able to post to GL account defined in KDM/KDF ( I forget now which one it used). Note that this assumes the flagg CCCUR is set to activate this functionality. This will effectively override the fixed flag in the PO.

GR / IR exchange rate difference hitting Asset account

There is exchange rate difference during GR and IR , While posting invoice this exchange rate difference getting posted to Asset , which should not happen , Should get posted to Exchange rate Gain /loss account
Please help me how to resolve this issue .

Hi:
Please check account assignments in OBA1..KDF ,,See if GRIR clearing accounts have been maintained there or not. If not then they should be maintained there . Further double click after maintaining account there and there you will have to assign GL account for exchange rate gain and loss . Also check in OBYC the assignment of GRIR clearing account,
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 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
uma

Hi 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

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.

SGD Exchange Rate Difference JE appears in Customer Aging Report

Dear Experts,
SAP Version: 8.81
Local Currency: SGD
We perform Exchange Rate Difference for a USD BP to calculate the unrealized gain/loss during month-end, JE created successfully.
Next, we go to Customer Aging Report and select this USD BP.
When i choose to view the Aging Report in Local Currency, the USD Invoice will appear in SGD + Exchange Rate Difference JE in SGD, the total balance can appear in SGD with no problem.
When i choose to view the Aging Report in BP Currency, the USD Invoice will appear in USD + Exchange Rate Difference JE in SGD, i can't see the total balance as it is appeared as xxxxx.
Above is the behaviour in 881.
Last time in SAP 2005, when i choose to view the Aging Report in BP Currency, the Exchange Rate Difference JE in SGD will not appear, therefore i can see the total balance in USD.
What is your opinion about the behavior in 881? Will you consider it as design or issue?
Thanks.
Regards,
Lay Chin

Dear all,
This problem is no longer there when upgrade to 881 Patch 08.
Regards,
Lay Chin

Problem while 're-posting' a cancelle Invoice with Exchange Rate Difference

Hi Gurus,
We are facing a problem while re-posting an Invoice with Exchange Rate Difference. I say re-posting because this invoice was previously posted and reversed on the same date. Here is the scenario along with the relevant postings:
1)
G/R is posted in September when the exchange rate for dollar was, say, Rs. 49 = 1 USD.
Posting:
Service A/C.....100 USD (Rs. 4900)
     To SR/IR Clearing A/C...100 USD (Rs. 4900)
2)
MIRO is done in October, when the exchange rate was, say, Rs. 48 = 1 USD. Thus, the exchange difference posting was done in the respective accounts.
Posting:
SR/IR Clearing A/C......100 USD (Rs. 4900)
     To Vendor A/C...........90 USD (Rs. 4320)
     To TDS A/C..............10 USD (Rs. 480)
     To Exch. Difference A/C. 0 USD (Rs. 100)
This was the correct entry, however we missed out some TDS codes and thus needed to reverse this entry and repost it.
3)
Now this invoice was reversed (T.Code MIRO) in october itself on exactly the same date on which invoice was created, and it resulted in the following postings:
Vendor A/C......90 USD (Rs. 4320)
TDS A/C.........10 USD (Rs. 480)
     To SR/IR Clearing A/C...100 USD (4800, i.e. 48 * 100, Rs.48 being the exchange rate in october)
4)
Now when we try to post MIRO again, it is posting the following entry:
SR/IR Clearing A/C......97.96 USD (Rs. 4800)
Exch. Difference A/C.....2.04 USD (Rs.    0)
     To Vendor A/C........... 85 USD (Rs. 4080)
     To TDS1 A/C............. 10 USD (Rs. 480)
     To TDS2 A/C............. 5 USD (Rs. 240)
This is a wrong entry. SR/IR clearing A/C should have been debited by 100 USD (Rs. 4900), and the Exch. Rate difference account should have been credited by 0 USD (Rs. 100)
Can someone please help us with this. What the system seems to be doing is, that when the Invoice was reversed, the value that got reversed for SR/IR Clearing A/C was 100 USD but with Rs. 4800 instead of Rs. 4900. Now, when we try to repost the invoice, the system divided this value by the exchange rate prevalent in September, i.e. Rs. 49, thus the resultant value 97.96 USD (i.e. 4800 / 49).
Please help.
Thanks!
Regards,
Angad Nagpal

Solved.
The final entry is correct, as the net result in the G/L balances is the same. For further information please refer to notes 116250 and 46564.
Thanks!
Regards,
Angad Nagpal

Exchange rate difference not getting posted to KDM account during MIGO/MIRO

Hello Gurus,
I have a purchase order with many line items. For some of the line items, the exchagne rate difference between the date of MIGO and the date of MIGO is taken to the KDM account. But for some other line items, it is not being taken the KDM. For such line items, the value of the GR/IR account in the local currency is different from MIGO to MIRO. Due to this, the GR/IR clearing is not happening automatically.
Do you have any idea, why the system is not taking the different to KDM for some line items and taking it correctly to KDM for others.
The only difference that I noticed between these 2 line items was
In case where the KDM account is determined, the GR was done for only one line item
In case where the KDM was not determined, the GR was done for more than one line item.
Thanks in advance for your replies
Thanks and Regards
Venkatesh

Hi Venkatesh,
I suspect that in your system may be the setting in OMRW is not activated. If the CCurr indicator is not activated for respective company code. Please refer to the information from note 980402 :
After you implement this note, you can use Customizing transaction OMRW to make settings for the new logic for each company code and each currency (the first local currency and two other material ledger currencies, if the material ledger is active). If the CCCurr indicator (V_169P_PK-KDHW) is set, this activates a new logic for calculating the exchange rate difference (KDM amount) in the company code currency (first local currency). As a result, the system also generates KDM lines for purchase orders with account assignment and for purchase orders with MAP materials in inventory management and in invoice verification if required. If the material ledger (ML) is active, you can set a corresponding indicator for additional ML currencies.Bear in mind that the system performs a 1:1 cancellation for the KDM line in the cancellation transactions.
If the indicator is not activated, then the new logic for calculating the exchange rate difference is not active.
I hope this helps.
Regards
Ravinagh Boni

Unexplained exchange rate difference

We have created a delivery plan in USD (our local currency is EUR) without fixing exchange rate. This plan has a received several GR and IV at different rates. The material is valuated at standar value.
D.Plan: Rate A , price 15,96 USD/UN
month 1 - GR and IV at rate B
month 2 - GR and IV at rate C
month 3 - GR and IV at rate D
All invoices are posted at a price of 14,32 USD.
In month 1 we had price difference due to differences with the standard price. That was correct.
In month 2 the system has posted unexpected exchange rate differences (key DM). We don't understand them as fas as GR and IV were posted at the same rate.
Could it be that the system is using the rate of the first IV? We wonder the way SAP is calculating that exchange rate difference?

no replies

MIGO exchange rate difference incorrectly.

In transaction MIGO exchange rate difference lines are generated for planned delivery costs. In some cases we found the difference exchange rate comes from the exchange rate of the purchase order, and other times we cannot find where the difference comes from. Both cases are incorrect.
Note 1278540 has already been inplemented.
Any idea?
Thanks,
Cecilia

hi,
If you make the exchange rate as Fixed via using the indicator in the PO header, then system will take this while GR and IR....if not maintained, then system will take from EKAB table...
Regards
Priyanka.P

FI Forex gain loss & Exchange Rate difference on Foreign Currency & Chart of Accounts

Dear All,
I have queries on following :
1) what is difference b/w Forex gain loss account & Exchange Rate difference on Foreign Currency account .
2) Under which Heads in Balance sheet they should come as per Indian Accounting Standards.
3) Are these accounts common for Vendor & customers or different.
4) they record FI data at Company code level or at sub-ledger level first (Vendor /Customer) .
4) Is it advised to use same Chart of Accounts to two companies in same country by using different GL's with different FSV?
Regards
MJ

Hi M J,
Please note the answers below:-
1. It is one and the same thing. When you say forex gain/loss account, it means a GL account and exchnage rate difference means, the difference in rates at which you purchased/sold and the rate at which you made paid/collected.
2. Ask Client where they want to show these GL's in Financial statement Version.
3. The configuration setting is in OB09 and SAP allows you to keep same or diff GL for both realised Exchnage rate gain/loss. It depends on how you want to see. technically it is possible.
4. The Valuation is done at company code level, but individual records are picked up at vendor/customer level. It means that the revaluation gain/loss adjustment is not given to each individual Vendor/Customer, rather it is posted to a GL - Balance Sheet adj.
5. Yes, you can use same chart of accounts and you do not need to create separate GL's at the company code level for two company codes. Same GL's can be used as the posting is made at Co. code level.
Regards,
Kavita
Note : Please raise separate thread for different questions. Your Point No. 5 is not related to the rest.

Whrere to create the Exchange rate difference key in customizing?

HI All,
I've to create the Exchange rate difference key, to put in the master data of G/L Account.
Could anyone show me the customizing navigation to create it?
Thanks a lot

Hi,
to have this functionality you must define you GL account in OB09 and addicional accounts for exchange gain/loss.
let me know if it helps.
regards

Posting of Exchange rate differences in parallel currencies

Hello experts,,
We are on ECC 6.
When we enter an incoming invoice with MIRO and the current exchange rate differs from that in the PO, the exchange rate differences in local currency and in parallel currency (group currency) post to different accounts.
Is this a standard feature / behavior? If so, where can i find the settings.
Shouldn't the postings in all currencies (except doc currency), in the event of exchange rate difference post to the same account?
The material ledger is not active.
We have maintained a local currency and a group currency.
Example to illustrate my issue -
DC = JPY
LC = SGD
GC = USD
PO for asset.
PO value = 100000 JPY
Ex rate not fixed in the PO.
Ex rate at PO -
100 JPY = 1.6 SGD
100 JPY = 0.85 USD
Ex Rate at IR
100 JPY = 1.7 SGD
100 JPY = 0.9 USD
When IR is entered,
The exchange rate difference of 100 SGD (@ 0.1 per 100 JPY) is posted to the asset. No posting in USD (though there is a balance of 50 USD).
At clearing (Transaction FB1S - GL account clearing) the exchange rate difference (in GC only, because no balance in LC) of 50 USD (@ 0.05 per 100 JPY) is posted to the Exch. rate difference GL acct.
Thanks in advance for your advice/solution.
B. Regards,
Halaswamy

Hello,
1. You have to assign Forex GL's for the reconciliation accounts in OB09.
2. At the time of payment for incoming invoices, system can read the valuation differences and it will post to Realized Gain/Loss accounts and B/S adjustment account.
3. You can consider this amount to issue bonus to your customers.
Rgds
Murali. N

Exchange rate difference to be hit to desired GL account

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