Exchange rate in GR - Urgent

Hii all of u ...
My client is 100% EOU and the total taxes are excempted under the Bond value. But the Exchange rate should be considered the Customes House Exch Rate in GR , for that only we will get excemption , the Customes House will have one exchange rate for the whole month between currencies , so we have to calculate the taxes on the basis of Customes House exchange rate.. so the taxes should be calculate on Customes House exch. rate when Goods Recpt ( GR )posting. But according to Accounting Scenario for Invoice verification Banker rate should be considered...
Say for Ex: In GR 'B' type should be considered.
In IR ' M ' type should be considered.
How it will come.. plss give me ur valuable answeres could be great appreciatable...
It is very urgwent to me..
How taxes will calculate at the time of GR only not in IR...
plssss help me..
Thanks & Regards
Ramki
Edited by: Ramki on Apr 11, 2008 9:06 AM

Dear Ramki,
As you have asked Exchange rate 'B' type and Exchange rate'M' Type both cannot be used at a time, because Ultimately even GR will post an entry in Financial Accounting.
GR will happed based on the PO Header Exchange rate, and IR will happen based on 'M' type.
When you create a PO you can specify the Exchange Rate given by the Customs House Exchange Rate", in the PO header. (ME23N).
When you do the IR, the Exchange Rate Type "M" will be considered, and exchange rate difference will be posted.
This will ensure that your taxes are calculated properly.
Assign points if found useful.
Thanks & Regards
Sanjay Marathe

Similar Messages

Urgent !!! How to get the Latest Exchange Rate from a list

Helo Gurus,
I want to get the latest exchange rate for all currencies in BI 7.0. Now when I checked in the table its showing all the exchange rates for various currencies according to the date. My client want the latest exchange rate in the report for all currencies. Now when I generating the currencies into the report the rate getting cumulated.
For certain currencies the rate is updated very recently. But for others two months back.
How it is possible to take only the latest exchange rate for all currencies and can generate the report.
I am working in BI 7.0 and the BEx using is of version 3.5.

Mathew,
usually the currenies and other settings will be loaded nightly, but in your case if you want it urgently you can do this.
RSA1->Source System>Transfer Exchange Rates. This will open up a screen with two options Simulation and Update. You can verify with SImulation and needed you can update. It will not create any issues.
Hope this helps.
Alex (Arthur Samson)

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

Issue with indirect Quotation Exchange rates...

Hi All,
I am using FM 'POSTING_INTERFACE_CLEARING' to clear the customer open items.
While posting with indirect quotation exchange rates i.e BKPF-KURSF is in negative.It is throwing below error
"The Exchange rate may not be transferred if negative".
When i check it in BKPF table the value is saved like exp: '/1.9010'. for select query it is picking like '1.9010-'
How to resolve this issue.? it is very urgent.
Thanks in Adv.
Regards,
Raj.

Hi,
I gave the OB08 entries, not sure if you wanted me to explain the logic. Here it is..
Maintain 'Indirect quotation' from Local currency(USD) to Transaction currency(CAD) and 'Direct quotation' from Transaction currency(CAD) to Local currency(USD).
Direct quotation is where the cost of one unit of foreign currency is given in units of local currency, whereas indirect quotation is where the cost of one unit of local currency is given in units of foreign currency.
Your local currency is USD:
- Direct exchange rate: 1CAD = 0.92819 USD
- Indirect exchange rate: 1USD = 1.08238 CAD
The following settings have been made in the standard system:
- Direct quotation: ' '
-   Indirect quotation: ' / '
Direct exchange rates do not have a prefix.
Your local currency is USD. You enter a business transaction in the transaction currency CAD. Until now, you had to use direct quotation to enter the exchange rate (1CAD =0.92819 USD). If you have defined '/' as the prefix for indirect quotation, you can also enter the exchange rate with indirect quotation (1 USD = 1.08238 CAD) by entering '/1.08238' in the exchange rate field.
Direct or indirect quotation can be maintained as the standard form of quotation for a certain currency pair. You use:
         - '1' for direct quotation
         - '2' for indirect quotation
If a standard form of quotation has not been specified for a currency pair, the system automatically uses direct quotation.
You make the settings in the IMG: General Settings -- Currencies -- Set Standard for Direct/Indirect Quotation per Currency Pair.
Thanks
Ganesh

EXCHANGE RATE IN IMPORT PO

HI,
WHEN I AM DOING THE MIRO FOR PLANNED DELIVERY COST WITH DIFFERENT VENDOR IN CASE OF IMPORT PO.
AT THE TIME OF MIRO IT IS PICKING THE CURRENT EXCHANGE RATE ENTERED IN OB08,NOT WHAT I HAVE MENTIONED IN PO.THOUGH I HAVE TICKED THE "FIX EXCHANGE RATE" BOX.
PLZ GIVE SOME SOLUTION.IT IS URGENT.
POINTS WILL BE REWARDED.
REGARDS
JASH

Hi,
Can you run the scenario one more time. Before tht change the exchange rate in OB08. Enter the required exchange rate in PO and select the tick box. It will work definately.
If you hve not select the exchange rate fixed tick box it will pick the exchange rate from OB08.
Hope you know you can change the exchange rate in MIRO also.
reg
Durga
*Assign points if info useful

Payment program and exchange rate

Hey Gurus,
When i run the payment program to pay my foreign vendor in foreign currency the system does not calculate the exchange difference at the point of the payment program.
Example.
invoice on 9/11 for 4267.50AUD the rate 1.2154 =3511.19usd run the payment program on 9/17 the rate is 1.18840. it pays out 3511.9 instead of 3590.96usd. The difference between the 3511.19 and 3590.96 would be the exchange loss or gain.
What is missing, or how should the system do it.
Then when the bank pays the order at the bank rate, the rate in the books and the bank rate are different, therefore different payment amounts, how do you set up the system to reconcile the two and generate another exchange rate.
Please
Thank you

Thank you for your quick response!!
What if i don't know the banks rate at the time of the payment program, which is what the case is going to be.
I guess my question is does the payment program calculate the exchange gain or loss when clearing the invoice , if so what settings make it do that?
And once the clearing is done and i receive the bank statement the two amount would be different due to the different exchange rates, how do i make the bank statement reconcile the two and post and exchange gain or loss.
Please help this is urgent.
Thank you

Error: Can't Add a New Sales Order: -10 Exchange rate not updated,

Hi,
I'm trying to add several Sales Orders contained in a XML document, whose root element corresponds to the Sales Person created that XML. Anyway, after I fill a Sales Order Document Object with the info in the XML and try to add it the following error appears: "Exchange rate not updated [RDR1.U_Desc4][line: 2] , 'USD'" Which is strange because this company handles most of its transactions in MXP Currency. I will post the piece of Code that fills the object hoping it helps:
For Each xndSalesOrder In xmlSalesOrder.Item("SalesMan").ChildNodes
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 oSalesOrder.DocType = SAPbobsCOM.BoDocumentTypes.dDocument_Items
 With xndSalesOrder.Item("HEADER")
 oSalesOrder.CardCode = .Item("Deudor").InnerText
 oSalesOrder.DocDate = DateTime.Parse(.Item("FechaCont").InnerText, Nothing)
 oSalesOrder.DocDueDate = DateTime.Parse(.Item("FechaEnt").InnerText, Nothing)
 oSalesOrder.Comments = .Item("Observaciones").InnerText
 oSalesOrder.DocRate = 11
 oSalesOrder.DocCurrency = "MXP"
 'oSalesOrder.ContactPersonCode = .Item("Contacto").InnerText
 'User Fields
 oSalesOrder.UserFields.Fields.Item("U_RefOV").Value = _
 xndSalesOrder.Attributes.Item(0).InnerText
 oSalesOrder.UserFields.Fields.Item("U_Referencia2").Value = .Item("Referencia").InnerText
 oSalesOrder.UserFields.Fields.Item("U_FechaReferencia").Value = _
 DateTime.Parse(.Item("FechaReferencia").InnerText, Nothing)
 End With
 With xndSalesOrder.Item("LINEAS")
 For Each xndLinea In .ChildNodes
 If intContLineas >= 1 Then oSalesOrder.Lines.Add()
 End If
 oSalesOrder.Lines.ItemCode = xndLinea.Item("Articulo").InnerText
 oSalesOrder.Lines.Quantity = CDbl(xndLinea.Item("Cantidad").InnerText)
 oSalesOrder.Lines.Price = CDbl(xndLinea.Item("Precio").InnerText)
 oSalesOrder.Lines.TaxCode = xndLinea.Item("Impuesto").InnerText
 oSalesOrder.Lines.DiscountPercent = CDbl(xndLinea.Item("DescuentoTotal").InnerText)
 oSalesOrder.Lines.SalesPersonCode = xmlSalesOrder.Item("SalesMan").Attributes.Item(0).InnerText
 oSalesOrder.Lines.Currency = "MXP"
 'User Fields
 oSalesOrder.Lines.UserFields.Fields.Item("U_Promocion").Value = _
 xndLinea.Item("AplicaProm").InnerText 'Valores posibles: Si, No
 oSalesOrder.Lines.UserFields.Fields.Item("U_Desc1").Value = _
 CInt(xndLinea.Item("Descuento1").InnerText)
 oSalesOrder.Lines.UserFields.Fields.Item("U_Desc2").Value = _
 CInt(xndLinea.Item("Descuento2").InnerText)
 oSalesOrder.Lines.UserFields.Fields.Item("U_Desc3").Value = _
 CInt(xndLinea.Item("Descuento3").InnerText)
 'If xndLinea.Item("AplicaProm").InnerText = "Si" Then
 oSalesOrder.Lines.UserFields.Fields.Item("U_Desc4").Value = _
 CInt(xndLinea.Item("Descuento4").InnerText) 'This is the UDF that's giving me problems!!!
 'End If
 intContLineas += 1
 Next
 If oSalesOrder.Add() <> 0 Then
 Me.Company.GetLastError(intErrorAdd, sErrMsgAdd)
 If (0 <> intErrorAdd) Then
 FillLog("Sales Order Error: " & CStr(intErrorAdd) & "," & sErrMsgAdd)
 End If
 xmlLogSalesOrder.Item
 End If
 End With
 Next
If you look at the code I've even tried the solution of hardcoding the DocRate and the Currency as seen in a similar post about the DTW.
Sorry if code is in Spanglish, its quite late around here. I hope you can help me because it's kind of an urgent matter and I can't seem to find a solution for it.
Other useful data: SAP BO 2005 Patch 4.
Thanks in advance...
Alfredo Gargari

Hi Alfredo,
Have you tried to add the same salesorder by hand, I think you wil first get a form with exchange rates.
I think you should add a check to your program to check for an update currency rate (the sbobob function GetCurrencyRate does this for you).
GetCurrencyRate MethodDescription
Returns a Recordset object that contains the currency rate for a specified date and currency code.
See Currency Bobs sample.
Syntax
Public Function GetCurrencyRate( _
 ByVal Currency As String, _
 ByVal Date As Date _
) As Recordset
Parameters
Currency
Specifies the currency code.
Date
Specifies the date for the currency exchange rate.
Return Type
A Recordset object that contains one field named CurrencyRate that holds the rate value.
SAP Business One returns 0 if the system cannot find the exchange rate.
Regards,
Ad

Exchange Rate Difference Error

Hi,
While posting payment through F-58, we are getting below error :
Ex.rate diff.accts are incomplete for account 0010500400 currency INR
Message no. F5063
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.
Proceed
However, all the necessary settings are made in KDF & KDB. Here we are processing payment for local vendor & the PO, GR, IR is done in INR then at the time of processing payment its giving above mentioned error. We are unable to understand that why system is asking for exchange rate difference account. Please suggest as the issue is urgent.
Regards,
Varsha

Hi Varsha,
As the message mentioned in detail, please check your configuration in tcode OBA1 again.
For Transaction type KDF, you double click to your GL account, and maintain the Valuation loss/gain, balance sheet adjustment in there.
For your ref:
You can read more information about this error in SAP note 12962 - Clearing Foreign Currency Items
https://websmp130.sap-ag.de/sap(bD1lbiZjPTAwMQ==)/bc/bsp/sno/ui_entry/entry.htm?param=69765F6D6F64653D3030312669765F7361706E6F7465735F6E756D6265723D313239363226
Regards,
Julie

EXchange rate problem

Hi BW experts,
I getting following error in report :
No exchange rate from CAD to USD and date 28.02.2007 found (currency transl. TRAV/TRAV)
Notification Number BRAIN 380
I am getting this message for only 4 months i.e March April,May,June but rest of months its fine.
Currency translation is done in query with a variable.
I tried the following solutions:
1.transfer Exchange rates from source systems Via Program :RSIMPCURR
2.I checked in Table TCURR and there exists a exchange rates between CAD to USD.
3.I checked TCODE: RSCUR the variable exists and created properly.
4.I searched through forums but none of them present a clear solution.
SO can somebody help me to solve this error ,its very urgent
null
Message was edited by:
NRUPAL CHOWDARY

So check in OB08 which gives the overview of Currency Exchange Rates for each month.Check what is the exchange rate maintained for the months u r looking into.
Else ask the users what exchange rates they maintained for those months and upload the exchange rates for those months.
Here is the link which will explain how to load the exhange rates.
http://help.sap.com/saphelp_nw04s/helpdata/en/36/412ad80cb511d5b2df0050da4c74dc/content.htm
Thanks & Regards,
Suchitra.V

Exchange rate in PO

Hi SAP Guru's,
I have serious problem,In Import PO I fixed the exchange rate and then did Customs MIRO
that time system taken PO exchange rate but at the time of MIGO system taken exchange rate from TABLE(OB08).and the difference amount goes to gain/loss account.
pls reply this message this is very urgent.
Points are awarded.
Thanks in advance
Raghu

Hi Vijay,
In the SAP System, goods receipts and invoice receipts are offset to a clearing account (the GR/IR clearing account).
When you receive goods, the system credits the value of the goods (goods receipt quantity x net order price) to the stock account and posts the offsetting entry to the GR/IR clearing account. The GR/IR clearing account is cleared when the invoice is posted to the vendor account.
For posting and clearing, the system uses the exchange rate type M (average rate). This exchange rate type must be entered in the system and you must also enter the exchange rates for this type.
To define different exchange rates you must specify exchange rate types.
You define exchange rates in the system for the following purposes:
1.Posting and Clearing
To translate amounts posted or cleared in foreign currency, or to check a manually entered exchange rate during posting or clearing.
2.Exchange Rate Differences
To determine gains or losses from exchange rate differences.
3.Foreign Currency Valuation
To valuate open items in foreign currency and foreign currency balance sheet accounts as part of the closing operations.
You define exchange rates in Customizing under General Settings-> Currencies ->Enter Exchange Rates.
kindly let me know what configuration settings you are working with and what version. of SAP
regards
cheers
KP

Exchange Rate amount is not calculating correctly in iProcurement

Hi All,
The exchange rate is mismatching when i create a requisition in the iProcurement (11.5.10.2 version).Please find the below test case and suggest me accrodingly.
Example: on 06-May-09 and 07-May-09 i have create a requisition in the iProcurement with the currency as BHD (Note: Our functional currency is USD). The exchange rate is defined from USD to BHD is .377 and this rate is fixed for the entire month.
The requisition created in the following manner:
Requisition created in 06-May-09:
=======================
Line #1 120 BHD---the exchange rate amount in USD is 318.22
Line#2 20BHD---the exchange rate amount in USD is 53.04
=========
Total : 371.25
Requisition Created in 07-May-09:
====================
Line #1 120 BHD---the exchange rate amount in USD is 318.30
Line #2 20BHD---the exchange rate amount in USD is 53.05
============
Total: 371.35
Form the above test cases can any one help me why the requisition amount is slightly chagned from 371.25 to 371.35 even though we are using the same conversion rate (.377)..plz help ASAP , this is an very urgent for ME.
Regards,
Kevin.
Edited by: kevin329 on May 7, 2009 4:53 AM

hi
check whether you have maintained the exchange rate settings also check whether price is maintained

Exchange rate in billin

I need in formation on maintaining exchange rate in billing ......either to change manually or to pick the new one from the records.
Please assist itss urgent
Regards
Maddy

Hi,
You can change the exchange rate in order
Use Tcode EWUO to change currency in sales order and carry out new pricing.
Alternatively:
Please go to the copy control from sales document to billing document (item level) and define relevant Pricing Exchange Rate Type.
This will allow you to re-determine exchange rates at the billing document level (provided you update all the exchange rates in SAP as frequently as required).
Also you can do it on header field by using user exit
EXIT_SAPLV60B_001
regards,
Siddharth.
Edited by: SD on Mar 27, 2008 7:59 AM

Fixed Exchange Rate in Journal Entry- How to use?

Hi Expert,
We need to create a journal entry with different rate VS exchange rate table.
Is there any way to ovirride the exhange rate during the journal data entry?
I hv already reads discussion on this topic but i want like following Scenario
In Exchange rate And indexes i hv define EUR=80 And INR=1
Now i want following Manual JE
GL/BP code                   Debit(FC)                Credit(FC)                 Debit                       Credit
Any Foreign Curr Acc       EUR 10.00                                            750.00
Any INR Curr ACC                                          EUR 10.00                                             750.00
I have already make tickmark on Fixed Exchange rate    EUR       75.00
but it is not working it shows following JE
GL/BP code                   Debit(FC)                Credit(FC)                 Debit                       Credit
Any Foreign Curr Acc       EUR 10.00                                           800.00
Any INR Curr ACC                                         EUR 10.00                                               800.00
Plz Replay i m waitting.......my client want result on urgent basis.....
Regards,
Sandy

Hi Sandesh,
Do you mean after you have added JE, you review it and it is not similar to the JE when you add?
Toan

Error: No exchange rate from CAD to USD and date 28.02.2007 found

Hi BW experts,
I getting following error in report :
No exchange rate from CAD to USD and date 28.02.2007 found (currency transl. TRAV/TRAV)
Notification Number BRAIN 380 

I am getting this message for only 4 months i.e March April,May,June but rest of months its fine.
Currency translation is done in query with a variable.
I tried the following solutions:
1.transfer Exchange rates from source systems Via Program :RSIMPCURR
2.I checked in Table TCURR and there exists a exchange rates between CAD to USD.
3.I checked TCODE: RSCUR the variable exists and created properly.
4.I searched through forums but none of them present a clear solution.
SO can somebody help me to solve this error ,its very urgent
null

So check in OB08 which gives the overview of Currency Exchange Rates for each month.Check what is the exchange rate maintained for the months u r looking into.
Else ask the users what exchange rates they maintained for those months and upload the exchange rates for those months.
Here is the link which will explain how to load the exhange rates.
http://help.sap.com/saphelp_nw04s/helpdata/en/36/412ad80cb511d5b2df0050da4c74dc/content.htm
Thanks & Regards,
Suchitra.V

Is it possible to change the exchange rate after completion of miro documen

Dear sap guru's,
Please suggest me user can raise an po with account assignment cateagory (asset) ie AUC Asset. at the time they are giving exchange rate is 39.41. after doing migo he setteled the AUC asset to Main asset.
Month ending he is doing MIRO At this time System is caputuring the exchange rate as 39.58. so the differnce amount is comes under AUC Asset.Already the AUC Asset is setteled but exchange rate difference amount is showing in asset. how do i resolved this one Kindly suggest me this is an urgent issue.
Regards,
Kumar.

Hi Kumar,
There are two solutions,
1. At the time of MIRO, you can give the exchange rate in the details tab screen which can be an exchanged rate which was used at the time of capitalisation. Hence, there will not be any differences between capitalised value and MIRO value.
2. You can post the difference in the AuC asset and again you can distribute it to an expenditure or an assets based on business process / decision.
Hope it clears your doubt.
Regards
A.Saravanan.

Exchange rate in GR - Urgent

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