Export valuation and accounting

Question

Hi,
I have following pricing elements in my export pricing.
1. FOB price, 2.Insurance 3.Freight 4. CIF (Cost Insurance and Freight)
CIF price= FOB price + Insurance + Freight
Say if the CIF price is $1000, FOB $900, Insurance $10 & freight $90.
Assuming that M rate= 40, I will have to account as follows.
Dr Customer 40000 (1000*40)
Cr Revenue 36000 (900*40)
Cr Insurance clearing 410 (10*41) (rate at customs notified rate)
Cr Freight clearing 3780 (90*42) (rate at which transporter paid
to shipping company)
Total of debits  40000
Total of credits 40190
Dr Difference 190 (to be adjusted in revenue as a separate
line item)
The document currency is USD. As per the statutory procedure, I have to
account CIF value at exchange rate M, insurance at customs defined
exchange rate for that month and Freight at the rate the transporter
paid to the shipping company. The customs defined rate and the exchange
rate for freight will not be equal to the M rate as in the case of
above.
Due to the above procedure, there will always be mismatch between
credits and Debits in company code currency (Rs 190 in above example)
because of different exchange rates followed for different pricing
elements.
SAP should post the difference Rs 190 dynamically into a revenue GL
account as a separate line item in the accounting document. This
difference will be known only after release to accounting and cannot be
manually calculated during order processing
Can SAP address this? Pls provide a solution.
Regards

Answer 1

Hi,
In SAP every movement of goods is followed by one movement type and movement type trigged transaction event keys. G/L account assignment and G/L account assigned to transaction event key (OBYC). GR & IR will updated by movement of goods only. In Account Determination, respective G/L accounts assigned to your chart of account,relevant to business transactions keys(Example:BSX,PRD,FRE,GBB),Account modifier(Example:BSA,VBR) and Valaution Calsss.If all are assigned then you would not face any problems during your posting of GR,IR etc..........
Configuration of Automatic Account Determination with T.Code are as follow:
1.OMSK: valuation Class with Account category reference,
2.OMWM: Active Valuation Grouping Code,
3.OMWN: Active Movement type with G/L account,
4.OMWD: Active Valuation Area,
5.OMWB: Active Chart of account,Valuation Grouping Code,Account Grouping Code,Valuation Class and G/L acocounts
In OMWB or OBYC
Click TE key and enter Chart of account and then save the Roles 1st for
1.Debit/Credit
2.General modification
3.Valuation Modif
4.Vakuation class
And then enter respective critetia for that TE key and save.
If assignment(Chart of account,Valuation Grouping Code,Account Grouping Code,Valuation Class and G/L acocounts are correct and u would not face any problems in G/GI/IV.
For more check the links:
http://www.sap-img.com/materials/general-test-of-sap-mm-knowledge.htm
http://www.saptechies.com/category/financial-accounting/page/0
http://e-mory.blogspot.com/2007/06/sap-mm-and-fi-doc-number-verification.html
http://www.sap-img.com/materials/sap-mm-configuration-tips.htm
http://moryhanry.com/sapmmfidocverify.html
http://www.sapcustomization.com/document/fi_mm_integration.pdf
Regards,
Biju K