Exchange rate loss by cctr/pctr

is it to separate unrealized gain/loss by cost center? is it to separate realized gain/loss by cost center? thanks

Do not create exchange rate gain / loss account as cost element. If you create cost element ,you must have assign cost center determination via OKB9 settings with respect to profit center's.
Regards
Mani

Similar Messages

How to get link b/w FAGL_FC_VAL documents and Exchange rate loss&gain g/l

Hi experts,
pls tell me link b/w FAGL_FC_VAL documents and Exchange rate loss & gain g/l documents.pls provide me the table name and field names.
Regards,
Viswanadh

Hi,
I think you have been looking for link between FAGL_FC_VAL document created at the time of foreign currency valuation and document created at the time of realization (loss or profit booked). There should not by any link between the two, please note that these two will be differnt figures as realization is based on exchange rate at the time of realization and valuation is based on the rate prevailing at the time of valuation. Also valuation gets reversed on key date + 1 which woulld essentially mean that valuation is done for reporting purposes only.
Hope this helps!!!
Regards,
Murlidhar Khatri

Foreign Currency exchange gain & loss

Dear expert,
I have a problem here, need help.
I have made the setting for foreign exchange gain/loss in OB09 and start to use f-28 for incoming payment.
When run the simulation, it gives me 2 lines of exchange gain/loss calculation. 1st line with amount zero (local currency) and 2nd line with the gain/loss amount.
I wonder why I have 2 lines of exchange gain/loss calculation?
Did I did something wrong or miss some specific setting?
Thanks in advance. will assign points

Hi Louis,
Please note the example below and you will understand why two line items are created:
Local currency - USD; foreign currency - GBP
Vendor invoice in foreign currency - 100GBP - Jan (Exchange rate: I GBP=2 USD)
Feb - You valuated the open item (Exchange rate: 1 GBP = 3 USD) with update principle
Entry: Unrealised exchange rate Debit 100 USD
          To Special balance sheet account Credit 100 USD
Payment made in march where the exchange rate is 1 GBP = 3.5 USD
Entry will be:
Vendor debit                               200 USD
Balance sheet account debit        100 USD
Realised exchange rate loss debit 50 USD
To bank                                       350 USD
Are you getting the above entry? If so, then the above scenario will explain your predicament.
Cheers!
Rajesh

Exchange Rate Differences function and when to use

The company I am asking about is based in the US, but also has offices and transactions in Canada. Does the Exchange Rate Differences function need to be run at month-end before finalizing the financials, in order to "re-value" the Canadian accounts, such as Accts Receivable, Accts Payable, Fixed Assets, etc. that may not have changed during the last month (no activity during the "current" month)? The financials are expressed in US Currency. Transactions during the month to the various Canadian accounts are "re-valued" at the time of the transaction entry, since the exchange rates are updated every day in the system. We need a clear-cut idea of when the Exchange Rate Differences function should be run.

I would say that you do need to do it. This is very important to ensure your account receivable control account (or payable) is revalued at the end of the month based on the new exchange rate.
I know some companies do not revalue the balances as it is not required. I think, revaluating the balance makes sense as it will give you a true picture of your payable or receivable at the end of the month. This is also a good way of accruing your exchange rate loss/gain.
Vincent

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

Manual exchange rate for F-03 account clearing

I want to enter a manual exchange rate during F-03 account clearing instead of the system proposed rate. how can i do that?

Hi,
F-03 is for clearing already posted items. I am not sure why you want to specify an exchange rate. The document already posted with an exchange rate will be cleared here. If you want to clear 2 already posted items, you cant specify any exchange rates. If you cleared in a currency other than LC then, exchange rate loss/gain will be posted for the difference in LC.
If you are entering any 1 line item manually, then also you can't specify the exchange rate, but still you can specify the amount in local currency as well.
Regards,
Ravi

Unrealized Gain/loss from exchange rate

Hi all,
Please i need help , exchange rate fixed is checked in PO ,at the point of MIGO system use exchange rate in PO.When i check Accounting document in MIGO system Debit Stock account and Credit GR/IR account using exchange rate in PO ,but the difference of exchange rate in PO and system exchange rate, Debit Price diff. clearing account and Credit unrealized Gain/loss from exchange rate account ,I need to know if the posting is correct.Thanks. The Accounting Document was displayed as follows:
Stock account was Debited
GR/IR account was Credited
Price difference clearing account was Credited
Unrealized Gain/loss from exchange rate account was Debited

Yes the account postings are correct if you are using a Std price control on the material master.

Cost elements for account Profit or loss on exchange rate valuation

I am running transaction F110 and among the invoices to be paid there are foreign denominated invoices. I have 4 business areas set up and have one GL account where all the gains and losses arising from the exchange rate fluctuation are posted (this account has been assigned a cost element).
When I run F110 i get error that the gain/loss on valuation account requires a CO object. I thot the system would be able to determine all the CO objects from the invoices selected for payment. In a payment run, there are a number of invoices belonging to different CO objects.
Is there a way i can get around this. If i delete the cost element will i be able to draw up financial satements per business area.

Hi,
You can set up in OKB9 for Co Object determination.
You can set Business Area as mandatory in OKB9 and then click on Detail per business Area and another screen will open up, there you can enter, Cost center against Business Areas.
This will resolve your issue.
Regards,
SAPFICO

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.

How to post gain/loss on exchange rate from Money Market

Dear Sap Expert,
     I need your kindly help about posting gain/loss in Treasury with money market type.
     My scenario use the product type 55A - Interest rate instrument and transaciton type = 200 borrowing in Foreign currency transaction as the transaction as belows,
Date                   Flow Type     Name                       Amouunt      currency     Exchange rate         Amt.Local currency
19.10.2011         1105             Borrowing               10,000            USD               30.00                       300,000
30.10.2011         1120             Final repayment       10,000            USD               30.00                      300,000
    For the normally the system generate current exchange rate from the configuration .After that I try to change the Exchange rate manually in Flow type 1120 from 30.00 to be 31.00 then the Amt.in Local currency changed to be 310,000 and the flow type gain/loss from exchange rate does not generate ( In Loan Management I can do it)
    On 19.10.2011 I use t-code TBB1 to post the borrowing transaction (1105)
    On 30.10.2011 I use T-code TBB1 to post the Payment transaction but the gain/loss account does not happen.
    For my question Can the system post document for flow tpe 1120 (on 30.10.2011) with exchange rate realized gain/Loss automatically? or how should I do to make it correctly.
Thank you very much for your suggestion.
PK

Hi,
your customizing for Derived Business Transactions requires DBT_B flows in your PMP in order to post realized gains/losses.
Regards,
Lorenz

Exchange rate gain /loss is not posted in the contract

Hi Sap People,
Exchange rate gain /loss is not posted in the contract(cashflows). This is w.r.t SAP Banking Module.
The open items are posted with a certain exchange rate in the contract at the time of disburesment,while clearing thru FF68(incoming payment) with a new exchange rate the items
are cleared with the same exchange rate and the Exchange gain/loss is posted as zero.
Regards
Ravi

Hi,
Check the exchange rate type for the disbursement. It is M for FF68. Check in configuration the exchange rate type. Also check the exchange rates maintained in OB08 for this exchange rate type and confirm if there is any difference.
Is it Loans module?
Regards,
Ravishankar

Gain or loss due to foreign currency exchange rate in Travel Management

Hi Experts,
I am facing some issues in foreign currency surrender in Travel Management.
Example:-
An employee goes on a foreign trip in which he takes advance in USD. After returning from the trip, if any USD balance is there then he returns it to company. If the exchange rate falls or increased, then company books it as gain or loss to comany. How the same can be handled in Travel Expense Report. Below is an example of the same.
USD
Exchange Rate
INR
Advance taken
550
65
35750
Expenses claimed
500
65
32500
Difference
50
65
3250
But Returned to company in less exchange rate
50
60
3000
Loss on Exchange
250
Regards,
Daniel

HI Sigi,
The problem is, during a International trip. While taking the advance, the exchange rate of USD is something & while returning or excess expenditure the exchange rate is different. Because the posting to be done in INR & the expenses are adjusted against the advance.
But when there is a change in the exchange rate then the whole advance is not adjusted. SO to adjust the same the balance amount to be adjusted as gain or loss to the company a/c.
Regards,
Daniel

Exchange rate gain or loss in Payment proposal

Hi,
Is there a way where we can show the amount of exchange rate gain or loss realized on the detailed screen of the payment proposal..
Thanks,

Not possible in F110.
You can check unrealized differences if you want to in FAGL_FC_VAL
Realized arises only at the time of documents clearing.
Rgds
Murali. N

Exchange rate gain/loss during F-28

Hi
we have following secnario:-
1. company code A with local currency AED and group currency USD
2. company code B with local currency USD and group currency USD
now invoice posted in both comapnies and accordingly payment received as follows:-
1. Company code A (local currency is AEd) - invoice posted in local currency but payment received in USD
2. comapny code B (local currency is USD) - invoice posted in local currency but payment received in AED
system behaviour:-
1. comapny code A for which local currency is AED but payment received in USD - system post exchange rate gain/ loss
2. company code B for which local currency is USD but payment received in AED - system doesn't post exchang
I am not able to understand this behaviour as system configuration is same (as COA is same for both company) for both company and accordingly rate is maintained in OB08.
please share your viewpoint on this.
Regards
DD

Hi Kiron
Thanks for response and link.
But the information given in the link is not my case. in my case system dertermine the correct GL but the problem is its happening in one company code but not in other.
for both company code setting is same for OBY6, OBXL and tolerence limit.
Please revert
Regards
DD

Exchange Rate Gain/Loss of Incoming Payment

We are using the SAP BO 2005 A. The system could not post the exchange rate gain/loss transactions correctly. Explain the problem faced in below.
The local currency is in Euro.
The BP currency is in USD.
The invoice is created in USD 1000 with,say, exchange rate 0.64.
The incoming payment is received in USD with, say, excgange rate 0.66.
If the incoming payment is received in USD 1000, then, the system will post the transaction with excgange rate gain in local currency correctly as below:
Dr. Cash 660
Cr A/R 640
Cr Exchange Gain 20
But if the incoming payment is first received partially, say USD 500. Then, the system will not calculate any exchange gain. The transaction will be like:
Dr. Cash 330
Cr. A/R 330
In the next(i.e. the final) USD500 incoming payment receipt, the system also will not post any exchange rate gain. The 2nd transaction will be still like:
Dr. Cash 330
Cr. A/R 330
Could this a bug in the 2005 A?
Could this bug be solved by any patch of 2005A or in 2007A?
Is there any work around solution for this?
Thank you all in advance.
Jack Lin

Hi Jack,
enabling partial reconciliation is one of the major enhancements in version 2007 A & B. It works in all localisations.
You will find a lot of info on the 2007 landing page here:
Channel Partner Portal -> Solutions -> SAP Business One -> Hot Topics -> 2007 Landing Page
On that landing page you will find:
"New Single Reconciliation Engine
A single engine reconciles the difference and eliminates the previous reconciliation issue. More "
-> Click on 'More' & be redirected to the reconciliation landing page.
All the best,
Kerstin

Exchange rate loss by cctr/pctr

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