Exchange Rate mismatching

Hello,
We are facing an exchange rate mismatching between Income Statement and Specification Accounts.
Income Statement accounts are submitted monthly and the exchange rate applied on it is the periodic exchange rate.
On the other hand Specification Accounts are submitted quarterly and the exchange rate applied on it is the periodic cumulated average exchange rate.
The condition between these two kinds of accounts is that after the third month of data submission both Income Statement and Specification Accounts must match, but this is not the case since we are using different exchange rates and data is submitted with a different frequency.
We would like to know what are the options BCS provides for matching these two accounts at the end of every quarter.
Thanks in advance.
Diego

HI Diego,
Try to use Rounding function.
Create rounding method with rounding type: Selection 1 + Selection 2 = 0
In Selection 1 insert Specification Accounts. In Selection 2 insert Income Statement accounts.
Decide when to post rounding differences: account from Selection 1 or account form Selection 2
Insert this rounding method into currency translation task (egxecuted quartally).
It should works!
Hope this help
Pawel

Similar Messages

  • Exchange Rate Mismatch in Credit Memo CO-PA Document

    Hi,
    Exchange Rate in Sales Invoice is 23.081211 (from Tcode Ob08)
    Exchange Rate in Credit Memo is 23.0812 (maintained manaully)
    But Co-PA document is calculated according to the Exchange Rate as 23.081211
    Please let me know why Co-Pa Document is calculated according to Sales Invoice Exchange Rate and not Credit Memo Exchange Rate.
    Regards,
    Debashri Dutta

    Hi,
    Checked. Its according to the Cancelled Sales Invoice. But CO-PA Document Calculation is according to the Sales Invoice.
    Regards,
    Debashri

  • Exchange Rate calculation mismatch in Sales Order Invoice and Cancelled Invoice

    Hi,
    In Sales Invoice, Exchange Rate is maintained as 7.75132
    Invoice Amount is 72000 USD. So the Amount calculated should be 558095.04.
    But in Accounting Document the Amount is posted as 558095.15 for the GL Sales Account.
    In Cancelled Sales Invoice, Amount posted is  558095.04 in GL Sales Account which is correct.
    Please help me understand why there is difference in both the Amount even when the Exchange Rate is same.
    Regards,
    Debashri Dutta

    Hi Ankur,
    Thanks for your reply.But our problem is sales order,exchange rates are defined with M type in OB08 as u have said.However when the periods are different for order entry and invoice generation we are facing the following problem.Orders are at old exchange rates and excise invoice is getting generated at current exchange rate.This is resulting in value difference between commercial invoice and excise invoice.
    Please help.
    Regards,
    Praveen

  • Exchange rate type mismatch in the invoice

    Hi experts,
    When I am creating an invoice, invoice is picking up wrong exchange rate type MTR which is not at all maintained in the customer details. The sold to party is having the exchange rate type TR2. Can anybody please help on the issue.?

    Hi,
    If it is not picking correct exchange rate type from the sold to party, please check the change log in the SP customer master for the field.  It could've been changed after sales order creation and invoice would've referred to your S.O details.
    Also, please check whether the below info is useful.
    [http://www.sap-img.com/sap-sd/exchange-rate-billing-documents.htm]
    Regards,
    P Gomatheeswaran
    Edited by: Gomatheeswaran Palaniappan on Aug 29, 2011 7:32 PM

  • 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

  • Problem with Exchange rate field in MBEPOH in 4.7

    Hi Experts,
    I am working on data transfer of POs from 4.6 to 4.7 using the standard extract program RM06EEEX and then loading it using LSMW.
    Problem is with the exchnage rate field(WKURS). Length of this field in MBEPOH is 9 characters in 4.6 and it is 1 character long in 4.7
    So the data is getting truncated becuase of this mismatch. Is there any sap note avaliable to correct the field length MBEPOH-WKURS or any other way to pass correct data to the strucure.
    Thanks in Advance ,
    Harkamal

    Hi,
    Can you please check the valid date of that exchange rate and the goods receipt posting date?
    Check in Purchase order also.
    Regards,
    Kumar

  • Problem with EXchange rate field in MBEPOH structure

    Hi Experts,
    I am working on data transfer of POs from 4.6 to 4.7 using the standard extract program RM06EEEX and then loading it using LSMW.
    Problem is with the exchnage rate field(WKURS). Length of this field in MBEPOH is 9 characters in 4.6 and it is 1 character long in 4.7
    So the data is getting truncated becuase of this mismatch. Is there any sap note avaliable to correct the field length MBEPOH-WKURS or any other way to pass correct data to the strucure in LSMW.
    Thanks in Advance ,
    Harkamal

    Maybe you can use Idoc PORDCR1 (Create Purchase Order) as import method in LSMW.
    Exchange rate field (WKURS) corresponds to field EXCH_RATE in E1BPMEPOHEADER segment.

  • GR/IRclearing in MR11 in case of exchange rate difference

    Hi Gurus,
    My client has got one issue on GR/IR clearing thru MR11.
    There is one PO with IR happend first( lets say on 01/01/2008) and then GR on 15/01/2008 . on the same day of GR , there is Goods return ( 15/01/2008) for complete good receitpt. Credit memo posted in next posting period ( ex. 02/02/2008) . As it is posted in different period there is exchange rate diffenence between Invoice and credit return. So when user is doing MR11 the system saying there is inconsistency for the difference amount. Thats the reason we could not able to clear that PO.
    I need advice to clear the above PO in MR11.
    anyinputs on this highly appreciated.
    regds,
    raman

    Hi Raman,
    Did you ever figure out the issue above ? We have the same problem.
    Thanks,
    Kevin.

  • How to restrict manual change to exchange rate.

    Hello
    Requirement:
    Our requirement is we want to control the manual exchange rate entry(user type or otherwise) at different form e.g. AP Invoice screen,AR Invoice,GL JV.
    What ever the rate defined pops up,should only be used for transactions and no scope should be given to user to change the rate.
    Process:
    Our process is that We have a boundary system and we manually enter the rates daily and upload to Oracle Application by running a program interfaced with the boundary system.The rates fetched from the boundary system sits in daily rate form as spot rate.
    The profile option "AR: Default Exchange Rate Type" has value "spot".
    Similarly in payable option the rate given as "spot".
    Solution provided by our consultant:
    We have Below clarification from the consultant Oracle team on controlling who can enter exchange rates manually vs who can not.
    Pls see response for both sub ledger and general ledger transactions. An ability to limit manual exchange rate entry & view is, therefore, available in Oracle.
    In Oracle, the transactions are created in subledgers and manual journals are created in General Ledger.The defaulting of exchange rate type is done separately for different subledgers. For General Ledger (creating manual journals) the control is separate.
    1)For transactions originating in subledgers , for eg.Accounts Receivable, the name of the profile option is "AR: Default Exchange Rate Type" and looking at your requirement, this should be set at "Corporate" and not "User" or "Spot". Setting it at Corporate, will make the application look at the predefined corporate rates. Similarly for transactions (invoices/payments) in Accounts Payable, the defaulting can be configured through payable options.
    2)For manual journals , the defaulting of exchange rate type is controlled separately. This can also be secured by definition access set which will prevent unauthorized changes to rate type.
    Questions:
    1.Can we take their suggest given our process that changing the rate to corporate will restrict manual intervention of the user.
    2.whether definition access set feature available in 11.5.10.2 and if so how can we configure.
    3.What is the best way to restrict user from manual intervention.

    Hello.
    For the mentioned forms, you can use Forms Personalization to force users to use a certain type(s) of exchange rate.
    Octavio

  • Message no. SG028 Ambiguous... exchange rate relation

    Hi Friends,
    I have a free of charge order. While doing the Post Goods Issue step, I am getting the following error message
    Ambiguous EUR/USD exchange rate relations
    Message no. SG028  
    I have searched in the forum and made sure that in transaction OB08 Exchange Rate EUR/US and USD/EUR (Exchange Rate Type M) has maintained properly in the system.
    I have also made sure that the entries are properly maintained in SPRO - General Settings - Currencies - Define Translation Ratios for Currency Translation.
    But still the error is coming, I saw in one thread, some one has reported the same problem even after maintaining the exchange rates in OB08, but no solution was suggested as far as I check. could anyone please give some inputs why the same error coming even though the exchange rates are maintained and how to fix this issue as I stuck in Post Goods Issue step
    Thank you

    Hi Christian,
    Thanks for your time.
    I've found the below entries in OBBS
    M   USD    EUR     01.01.1900        100 : 1
    M   EUR    USD     01.01.1900         1    : 100
    Alternative currency is blank in both entries
    In OB07 for exchange rate Type M all the fields (Ref. currency, Buy and Sell rate) and the check boxes are blank. it is still unclear for me being a logistics guy
    While doing Post Goods Issue in other scenario I didnt have any error where currency GBP EUR invovled. In this case the OBBS entries EUR/GBP as below
    M   GBP    EUR     01.01.2000        1 : 1
    M   EUR    GBP     01.01.2000        1 : 1
    Alaternative currency is blank in this case as well.
    Does the valid from date or the ratio make any difference?
    I could not clarify with my FI consultant as he is on vacation. Could you please let me know how to fix it.
    Thank you

  • Exchange rate determination at time of Good Reciept

    My client has a manufacturing operations in Venezuela.   They regularly import production materials as well as supplies etc. to run the business.  The Venezuelan government defines the exchange rate on different types of purchases against the US Dollar.  
    When the goods are purchased the exchange rate is not known.  The Exchange rate has to be applied to the transaction at the time of goods receipt.  The exchange rate will be different for different types of purchases.  For example:  Raw materials are 2.6 Bs per dollar, Supplies are 4.3 Bs per dollar and all other purchases are at the rate of 5.3 Bs per dollar.  The exchange rate must be entered correctly at the time of entering the Goods Receipt.
    The exchange rates are controlled by the government and stay static for a certain amount of time, but can be changed with little notice by the Organization in control.  
    Has anyone on a global SAP implementation or who has worked locally in Venezuela encountered this in the past?  
    If so, how have you handled it in the system?

    Hi,
    If the price control is V, there is no issues.  When you make a goods inwards, the rate will be picked on that date and update the price difference to material value itself.  Ensure, that correct rate updated before making the GR.
    Best Regards,
    Madhu

  • In import PO, Exchange rate is not picking from PO

    Hi All
    In import PO, while doing Miro(Customs) and Migo, the system not  taking PO exchange rate But  it is taking Table Exchange rate.
    is there any thing to be done?
    Regards
    manju

    hi
    in po header delivery/invoice tab tick exchange rate fix indicator
    if u dont tick it system will pick the exchange rate what u maintain in OB08
    regards
    KI

  • Exchange rate in header of acc.doc after posting return to vendor

    Hi Gurus,
    in accounting document, when i recalculated amount in doc.currency & amount in local currency in item line was not same with exchange rate in header section...Anyone can explain to me why this miscalculation can happen ?
    Thanks

    Hi Zafar,
    exchange rate in header of this acc.doc was take automatically from table OB08 & the problem is in item line this acc.doc which is generated automatically after posting return to vendor the calculation amount in local currency was not take the exchange rate from header but from exchange rate when GR ( FLow : mvt 101--> mvt 122 ). so this is normal behaviour or there are bug ?
    thanks in advance

  • 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

  • Invoice Payment Using Current Day's Exchange Rate

    Hello,
    The currency of our Mexico company code is peso. Sometimes, they enter invoices with a document currency of US dollar. The invoice will pick up the exchange rate applicable on the posting date of the invoice. So far, so good.
    On the day of payment, they would like to change the payment currency of the invoice to peso, and would like the payment program to pick up the exchange rate applicable on the payment date, and post differences accordingly. We cannot get SAP to do this.
    Once the payment currency is changed to peso, the payment program simply pays the peso amount in the invoice; it doesn't consider the exchange rate of the payment date.
    Does anyone know a way to get the payment program to use the current day's exchange rate, even if the payment is in the local currency of the company code?
    I appreciate any assistance. Even if you think this scenario is not possible, that would be valuable information.
    Kind regards,
    James

    Hi James,
    I created a Invoice with a Foreign currency and the exchange rate is 1.50. When I goto the Incoming Payment to pay the Invoice the document appears with the foreign currency and the exchange rate as at that date is displayed.
    If I change the currency to the Local Currency in the Payment Means, the amount of the Local Currency changes according to the rate defined.
    Please check if this is what is happening in your system.
    Regards,
    Jitin
    SAP Business One Forum Team

Maybe you are looking for