EXCHANGE RATE DIFFERENCE WHILE CUSTOMER CLEARING

Hi,
while clearing the customer through f-32, system is not picking the exch. rate. gain/loss a/c. Also when I am clearing the payment on same date as the payment date, system is not picking the same exchange rate as it is for payment.
Regards,
akash

Hello Akash,
i think this may help:
The currency rate picked up by the system is the current one, not the
rate in the posted document.
However, this can be avoided by setting the flag
flag "XSLTA" (no foreign exchange rate when clearing in Local currency).
in fs03.
Please set this flag and then simulate the clearing with currency
(local currency). Exchange rate differences items are not posted.
Please refer to the field on line documentation for and example and
further information.
Kind regards,
Jon

Similar Messages

Exchange rate difference while posting ME21N MIGO and MIRO

Hi All,
I am facing one problem with exchange rate type between M and EURX and EURX is maintanined in the SPRO>SAP Netweaver>General Settings>currencies>Check Exchange rate types
EXRT : EURX
Usage    : EMU Reg,fixed
Ref.Curr    : EUR
Buy.ra.at
Sall .Rat.At
Inv
EMU   :X
FIXED
Scenario:
Company(USD) is maintaning Exchange rate type: M and no exchange rates are maintained for USD:EUR or EUR:USD.
Eur is maintaing in Exchange rate type EURX.
1) PO (ME21N) is posting for the Vendor on posting date 01/01/2008. Transaction currency is EUR and company code currency is USD and Quantity : 25000
--> Exchange rate 'M' is not maintained for EUR and values are picking from the EURX Type. In the PO, Exchange rate is picking correctly from the EURX table entries on 01/01/2008.
2) MIGO: GR is posted on 01/25/2008 and with 15000 Quantity. Exchange rate is getting currecly from the table on 01/25/2008.
3) MIRO: IR is posted on 02/15/2008 and Vendor Account is picking correct exchange rate from the table but GR/IR account is caluculations EUR:USD is differntly .
Note: It is not GR based IR.
Ex:
PK AC                DESCRIPTION                    Tran Curr (EUR)    Local Curr USD
31 5004789     Vendor Account                       24,718.48-            38,777.12- USD
86 2525000      A/P-GR/IR NON-INV                24,718.48            38,883.73 USD
91 6584785      SERV-OTHER O/S                    0.00                 106.61- USD
Here GR/IR account is cal dirrently.
4) Credit Memo posted against IR on 03/25/2008. Exchange rate is given while posting CM same as Invoice. But system rate is different. Here also how the GR/IR is calculating is question is it not taking from Table or from any other rate types . Same problem like IR for GR/IR account.
Entry is posted like
PK ACC         Description                            Tran curr(EUR) Local curr(USD)
21 5004789     Vendor                                   24,718.48        38,777.13 USD
96 2525000     /P-GR/IR NON-INV                   24,718.48-      38,892.22- USD
81 6584785     SERV-OTHER O/S                     0.00            115.09 USD
This problem is same like GR and also SPL document is posting differenly for ZG and ZL ledger.
ZL ledger is posting same like Accounting CM document ZG is posting with the different amount . This different amount is nothing but the exchange rate as per the posting date 03/25/2008. Exchange rate on 03/25/2008 is differe from IR date 02/15/2008 .
ZL ledger is calculating based on the 02/15/2008 date and ZG ledger is calculating based on the 03/25/2008 . Difference between Exchange rate entered in the CM and 03/25/2008 table entry rate is showing exchange rate difference field in the Addtional field in the document display.
Thanks in Advance.

Dear Friends,
Thanks for your helpful answers, actually we are in big export business. So we have to clear 100s of invoice lines with payments at one go, (which obviously being booked at different dates) so it would be very difficult for the user to go one by one invoice.
My concern is, why system does not calculate exchange rate difference based on actual documents, i.e. Invoice to payments only. I think there might be some configuration needed to implement this functionality.
Please help.
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 posted when clearing but not FAGL_FC_VAL

Hello,
I need to configure accounts for exchange rate differences for clearing, but I if I configure just "account for Realized Exchange Rate Losses" and not " Account for Loss from Valuationu201D in OBA1, the account is selected in month end valuation ( FAGL_FC_VAL) and I do not want it because it ends on error.
Do you know how to cover this requirement?
Cheers

Hi,
You can exclude the account in the the forex reval run by excluding the GL account by specifiying the account in the variant used for period end processing.
Or you can use valuation area for period end processing in FAGL_FC_VAL and configure based on which the account if not maintained in the valuation area would not post.
Regards
K.R

Exchange rate difference while cancellation

All,
I have done MIGO for Imported items .
Accounting entries generated .
Suppose Exchange rate is 1 EUR = 5 EGP
Suppose it is dr : 100 EUR (stock)
                    Cr: 90 EUR (GR-IR)
            PPV Cr : 10 EUR
While doing the MIGO Cancellation for same document ( 102 Mvt type ) ,
Accounting entries reversed ,
but coming as different .
        Cr : 99 EUR
        Dr : 90 EUR
PPV Dr : 9   EUR
But while displaying in Local currency , entries while MIGO and also for reverse are absolutely same .
How this is happening ?
Kindly advise.
regards

Hi,
You cannot make the default setting for exchange rate fix in PO. When you make the ex.rate fix you need to enter the exchange rate in the adjacent field. This rate value may be as per the billing of ladding date or Letter of indent date depending on your business.Therefore in case of import PO please check /change the rate and fix it before making the GR.
regards
anbumani

Exchange rate differences whne clearing documents in local currency

Hello,
While clearing customer documents in local currency , the system calculates exchange rate differences in the clearing document. Even if the amount in local currency is 0, the amount in second local currency will have a value. The same is happening also when we clear GR/IR account. In the case of customer clearing, becuse for the exachange rate differences account are maintaied default values in OKB9, the system cannot split, since there are 2 different account assignments when tolerances are also involved.
I think that, if the exchange rate differences account wont be popluated while clearing, i will be able to post clearing with tolerance amounts.
Any idea about how to make the exchange rate differences not to be caulculated for clearing in local currency?
Thank you,
S.

Hi,
Go to OBY6 and choose your company code.
For your company code, the check box No forex rate diff. when clearing in LC should have been checked in case if you dont want to calculate the exch rate diff when clearing open items in LC.
This will solve your issue.
Thanks,
Srinu

Exchange rate difference coming in BRS

Dear FICO Experts,
we created 3 bank g/l accounts like main, reciept and pmt. but currency assigned in control data is USD bcoz all transaction vll be posted in USD. We also defined house bank master data in FBZP for the same.My company code curency is INR. Now we maintain exchange rate on 1st day of the month. For e.g. we defined exchange rate as on 01/11/11 say 46 per USD and my user posted one journal entry on 03/11/11 for 1000 USD @ 47 as per bank transaction. Now when m doing BRS on 03/11/11 for the same transaction, system is taking exchange rate defined in ob08 i.e. 46 and there for while doing BRS system is showing exchange rate difference G/L for Rs 1000 (46000-47000) which i dont want. bcoz act transaction amt is 47000.
Please advice for steps to be followed.
Thanks in advance.

Dear Ravi,
Thanks for ur prompt reply but I have already done OBA1 configuration and therefore, exchange rate difference G/L is coming. My requirement is that, we dont to post any amount in exchange rate difference while doing BRS.
Thanks & Regards,
Virendra.

Currency exchange rate differences in rebate agreement settlements

Hi Experts,
My customer has issue in Rebate agreements and final settlements.
ISSUE:
Rebate agreement currency is EUR
Billing document currency is EUR
Company code currency is SEK
Initially ( Before final settlement)
The accrual amount in sales volumen 3151.05 EUR
the accrual amount in drill down 3152.05 EUR
After Final settlement
The accrual amount in sales volumen 2.62 EUR
the accrual amount in drill down 3152.05 EUR
The accounting documents shows after final settlement
customer A/c 3151.98 EUR credit
Expenses A/C 3151.98 EUR debit
Accrual A/c 3149.43 EUR debit
Expenses A/C 3149.43 EUR credit
The difference of 2.55 EUR is due to currency differences.
there is no retrospective rabte processing .
Kindly give your expertise resolve the issue of currency exchange rate difference in customer currency.
Immediate response is highly appriciated
Thanking you
With regards
Murali
Message was edited by:
Murali Krishna Lanka
Message was edited by:
Murali Krishna Lanka

HiI
f 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
The valuation of the inventories or consumption is effectively done at the exchange rate for the goods receipt, and not at the exchange rate of the invoice. When you post the good receipts, the fixed exchange rate from the purchase order is not used, but the translation of the purchase order values to local currency is always done at the posting date of the goods receipt.
If you are using the material ledger with actual costing, the system does not include the posted exchange rate differences at period-end closing in the actual prices of the materials.
Regards
Antony

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

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

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

Only reseting the cleared documents with exchange rate differences in FBRA

Hello,
we want only reset the cleared documents . We dont want to reverse the cleard documents. But When we try to do it we get a message Exchage difference are posted do you want to reverse it. Want we want to reset are in Doc.. currency. postings for August.
As i know when we have exchange rate difference we dont get an option only resettng but we get reseting and reversing.
May i know how to slove this situation.
Thank you
Chaithra

HiI
f 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
The valuation of the inventories or consumption is effectively done at the exchange rate for the goods receipt, and not at the exchange rate of the invoice. When you post the good receipts, the fixed exchange rate from the purchase order is not used, but the translation of the purchase order values to local currency is always done at the posting date of the goods receipt.
If you are using the material ledger with actual costing, the system does not include the posted exchange rate differences at period-end closing in the actual prices of the materials.
Regards
Antony

Open Item Clearing: Exchange Rate Differences

Hi guru
I have one account 100 and in fbl3n I have the following posting:
document number 1: account 100--> Amount 2000$ in S, Exchange rate 0,63
document number 2: account 100--> Amount 2000$ in H, Exchange rate 0,70
Then I have cleared this account but in the posting I have 3 lines item:
1 the account : amount 20 in S
2 passive difference: amount 100 in S
3 active difference: amount 120 in H
The user asked me a posting with two lines items:
1 the account: amount 20 in S
2 active difference: amount 20 in H
He would like to see only the difference (120-100)
is it possible?
Thanks
Edited by: Rossella Fiorella on Apr 20, 2011 1:26 PM

Hi,
you have to create two gl accounts for exchange loss and exchange gain, after that wat i mention below configuration is required .
Define valuation methods:
. (Transaction Code OB59 ).
Select new entries button
Valuation Methods:
Description: FC Valuation Bank Selling for
Document Type: SA
Debit balance exchange rate type (B) (Bank Selling)
Credit balance exchange rate type u2013 B (Bank Selling)
Select determine rate type from account balance
Select save button
Prepare automatic postings for Foreign Currency valuation
Transaction code OBA1
Double click on exchange rate defining using exchange rate key
Give your chart of accounts:
Enter
Exchange rate difference key:
Expenses account:
E/R (Exchange rate) gain account:
Save
Regards
Praveen P C
Edited by: Praveen Chirakkel on Apr 21, 2011 7:11 AM

Exchange Rate Differences when clearing a bank item

Hi everyone,
I'm having a problem when I try to clear a bank item with the bank statement because the document is creating two exchange rate differences, first one debiting to loss account and the other one credting to gain account. I'm not pretty sure if this behavior is the right one but It does not make any sense to me.
I'll detail step by step the process I'm following:
Example:
1.- I create an invoice with an exchange rate type of 15
2.- Then I make the incoming payment with an exchange rate type of 16 (This causes an exchange rate item that is correct for me. Exchange rate Item is for 10 usd)
3.- Then I try to clear the bank item created (same exchange rate than the incoming payment = 16), and now document creates two exchange rate items, the first one debiting to loss account for 10 usd and the second one crediting to gain account for 10 usd.
Could you please help me in order to know if this is ok?
I really appreciate your help
Thanks in advance
Best Regards
Manuel Nieto

Hi everyone,
Thanks everyone for your replies. I've realized what's happening, and its related to document split. Because as bank item in incoming payment was splitted, when I try to clear this item ,split happens again no matter if at clearing point exchange rate type is the same as in the incoming payment, that's the reason of the two items one debiting and one crediting for the same amount.
Thanks very much
Best Regards and thanks for your help.
Manuel Nieto

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

EXCHANGE RATE DIFFERENCE WHILE CUSTOMER CLEARING

Similar Messages

Maybe you are looking for