Foreign Curr Documnet posting

Why document posting for Exports or Imports must happen in Foreign Currency Only
Regards

for imports/exports you would be transacting to another country which has its own currency that is different from your local currency. for payment, you will have to make it through foreign currency. for that purpose you will have to buy foreign currency and arrange for payment to the party. For dealing with foreign currency, you will have to transact through your local currency and you will have to incur additional incidental expenses also. In order to take care of all these systematically, you have to post the transactions in the foreign currency so that system would take care of the further process like exchange rate adjustment, gain, loss, etc. automatically.

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Vendor bal.in foreign curr. std. report

hiii..
tell me the std.report t.codefor get vendor bal. in foreign curr.
thnaks
Rekha sharma

Hi,
There is no standard report to view vendor balances in foreign currency. If you want see the posted foreigh currencies in vendor balances just select Amount in document currency from your lay out. Other wise if you are posted in any currency and you want see it in other foreign currecies also then go for your own report through Report Painter and assign the currecy which you want.
All the best,
Dharma Rao. Yekula

Foreign Currency Revaluation Posting and Reversal

Hi any one give a fix for the below issue.
We have done foreign currency valuation Posting in the month end through F.05.Unfortunatley the reversal posting is not happening on the first day of the next month.Anyone tell me what will be the error and fix for not getting reverse posting,
Thanks in Advance.

Hi..Check the all parameters in F.05
Check with SAPF100 with flag 'Balance sheet preparation valuation' active. The value difference shows the amount
saved in BSEG-BDIFF Field. This field is only updated by SAPF100 when the flag 'Balance sheet preparation valuation' is activated.
For open items, the fundamental distinction, whether you set the 'Bal.sheet preparation valuatn' indicator (POST_UPD) or not, is very important.
Please note that this is the expected system behaviour after running SAPF100 with "Bal sheet preparation" set, if SAPF100 is run with "balance sheet prep" flag, the system does create a valuation document only, but no reversal document. And then field BDIFF is updated on open items.
Even if you reverse the valuation documents manually, the valuation difference (field BSEG-BDIFF) in the document is not changed.
Please also refer to the attached note 87538 and 545032 regarding information on the posting run and when postings are reversed and when they are not.This note also gives more information on the difference in behaviour between selecting the "balancesheet preparation" flag and not selecting it,
I hope you will get idea
Regards
vamsi

Error Conversion foreign curr. (Data Records were recognised as incorrect)

hi all
I am working on SAP BW 3.5 version on Production Server
I am fetching Data from SAP R/3 system to BW 3.5 systems for SD Order and Billing
Data is correctly Loaded for SD Orders and when I am trying to Load Data for SD Billing,I am got the following Error
Data Records were recognised as incorrect, butStatus is Green
Error Request is;
Error Conversion foreign curr.- Local currency ; 0110005292 20050425 GBP - INR
Please let me know on this Error
thanks in Advance

Check currency conversion key in RRC3 transaction.The key should have defined in such a way it translates any currency

Error conversion Foreign curr. to local currency

HI experts,
Can you please let me know the solution for the below error which i found during loading Datasource
2LIS_11_VAITM for the cube sales overview
*Under :*
Data Package 1 ( 2637 Records ) : Errors occurred
Update rules ( 2637 -> 566 Records ) : Errors occurred
Data records for package 1 selected in PSA - 13 error(s)
*Record 237 :Error conversion foreign curr. -> local curr.: 0000007470 20090123 GBP -> EUR*
Please provide solution for the above error?
Thanks,
Hameed.

Hi Hameed,
check the TCURR table on both the BW and R/3 side.
Then if the GBP to EURO conversion is not maintained then make an entry in the TCURR table.
If the entry is there and not maintained then maintain with correct ratio by changing the entry.
then load the data ..
May it solve your problem..
Regards,
Ravi Kanth

Error:Convers. foreign curr. - local curr.0.0000000000000000E+00 not found

Hi Gurus
When I am loding data from ODS to cube i am getting 'Error:Convers. foreign curr. -> local curr.0.0000000000000000E+00 not found'. Request was failed. Can any one help me in this issue.Up to Ods data loaded successfully.
Thanks in advance
Sriman

Hi,
first of all, I proposed to look at the currency rates in the system.
If you work with R/3 then you can copy rates into BW:
RSA1 - Source systems area - find your SS - right click on it - Transfer Exchange rates.
After or before that you can look in SE16 at the TCURR table and try to locate rates you need.
You can do it also, as well as set it up, in SPRO, general settings.
Regards,
San!

Error: Conversion foreign curr. - local curr when load to SD cube

Hi Experts,
I have issue regarding loading data from R/3 to SD: Sales Overview cube. After I did filling set up table and loaded it. It show errors as Error: Conversion foreign curr. -> local curr.: 0090010996 00000000 GBP -> DKK.
I have searched and found many threads about this error but none of them could fix my problem. I did try to transfer global setting and currency conversion and load but still got error.
I am wondering if any of you have had this experiece and how did you solve it?
Thank you in advace
BS

Hi Ajeet,
Thank you for your reply. I have checked mapping they are all correct.
I checked on TCURR table in R/3. Currency GBP has maintained valid from 01.01.2008.
The error occured when local currency is not the same to document currency as:
Date 03.03.2008
Local Currency     DKK
Document curreny             GBP
But There is no error if local currency = Document currency as:
Date 03.03.2008
Local Currency     DKK
Document curreny             DKK
regards,
BS

F-03: Need foreign curr translation date = document date, not posting date

Hi All,
We need to clear accounts through F-03. If we use a foreign currency (local curreny is PLN), the translation date is set as posting date/clearing date: SAP default behaviour. However, we want the translation date to be document date.
We cannot change the clearing date in F-03 to document date because, if the document date is in previous period, the posting periods will be closed.
Can this be accomplised through any standard functionality in T-Code (F-03, F-44)? I couldn't find any.
Or do we need substitution/user exit for this?
Thanks for your time!

Hi This may help you,
before that I have similar Problem you had in Bank master "Bank USxxxx doesn't exists" in Production,you can reply me from my Business card,in my profile,Thx,
Note 574583 - MIRO: BADI for value date
Summary
Symptom
In the logistics invoice verification, the system derives the value date (WWERT) from the posting date (BUDAT).However, the derivation should occur from the document date (BLDAT) or the posting date depending on the country key of the company code.
Edited by: BettyCalhun on Mar 18, 2010 8:33 PM

Foreign curr reval for open items - questions - very urgent

Hi all,
Can anyone explain me the account determination for open item exchange rate difference postings?
1.     What are the accounts meant for under tab Exchange rate difference realized (Loss, Gain)
2.     What are the account meant for under tab valuation (val loss 1, val gain 1 and Bal sheet adj 1)
3.     Accounts under translation tab (Loss, Bal sheet adj loss, Gain, and Bal sheet adj gain)
Also,
When I run F.05 for open item reval
1. Do I need to run customer and vendor open items as well by selecting the customers and vendors and checking the Valuate customer open items and Valuate vendor open items? Even though I have customer and vendor recon accounts in my g/l accounts selection and checked the Valuate g/l open items box
2. We check Reverse postings with reversal period as next period (for example if reval is done for period 3 then reversal period is 4), why do we need to reverse the postings.
Your help in this regard is highly appreciated and rewarded with points.
Thanks in advance,
Kumar

Dear Kumar,
About the acct determination for transaction KDF: open item exchange rate diff:
When you revaluate i.e. run the F.05 transaction for open items any loss is posted to the Val.loss 1 and any gain is posted to the Val.loss 2 account with its offset credit or debit to the Bal.sheet adj.1 account.
Now this is a provisional recognition of the FX difference. So long as the items remains open it will be revaluated in every period and a posting will be made. Now when you finally clear this open item e.g. pay the vendor or receive pymt from customer, the system will calculate the FX gain/loss at that time once again. This is the Exchange rate gain/loss realized. Thus, the accounts used will be those under tab Exchange rate difference realized (Loss, Gain)
The Accounts under translation tab is used in the scenario where you are maintaining more than once local currency e.g. 2nd local currency as 30. In this case you would want to translate your FX valuation to this 2nd local currency.
Regarding F.05 transaction:
1. Yes you will need to check the customer/vendor and GL open items to valuate them all. Since the customer and vendor reconciliation account are tied up to AR and AP, the program does not recognize them as a pure GL account.
2. You need reversal so that tracking of your fx valuation is easy. E.g:
You have open item in EUR and your local curr is USD. Lets us say ex rate is USD:EUR is 1:1.50 and open payable item is EUR 100
Open item in EUR-----Open item in USD--
Diff
Period 1: -
100--150--
0
Period 2: fx rate 1:1.60--100160--
loss of $10
Period 3. fx rate 1:1.30--100130--
gain of $30 over period 2.
If you don't choose the reversal postings, the system will record both the loss of 10 and the gain of 30 netting to 20. However, if you choose the reversal posting, the system will reverse the $10 loss in period 3 and just take the revaluation based on the period 1's rate i.e. difference btw 150 and 130 USD i.e. $20.
I hope this explains you the concept. Thanks,
Vishal.

Foreign Currency valuation on Foreign currency items posted in Local currency accounts

Hi Gurus,
I have accounts maintained in local currency and only balances in local currency is not checked. Some items are posted in foreign currency.
Now system is doing foreign currency valuation on foreign currency balance of this account. I dont want system to do that.
Now how to correct it. I can make balance zero of account and then mark that tick of only balances in local currency but still system will do foreign currency valuation on items posted.
Appreciate you help in solving this issue. How to handle it?
Thanks

Hi ,
While executing Foreign currency valuation, you can select the GL accounts for valuation. Try to not input these local currency GL's.
Cheers,

Does Foreign Currency Revaluation Post to an Account which is Open Item Man

Hi,
When running the FC revaluation, it is not posting to an account which is Open Item managed.
I have read somewhere that FC Reval. does not post to accounts which are OI managed or the Recon accounts.
Is this correct? If yes, what are the option for posting to an account which is OI managed?

Hello Deepak,
In FAGL_FC_VAL,the flag of revferse postings is only for "G/L account Balance valuation", not for open line items account(OPLA). and addition. and for OPLA, the system was desiged to post reversal document Auto.
In case in your countries you are not allowed to reverse year-end foreign
currency valuation postings in the following year, pls. using the Delta Logic Foreign Currency Valuation, for the details pls. refer to note:960661.
Hope the above informations are useful to you!
Best Regards,
Gladys xing

Foreign currency revaluation posting.

Hi Friends,
I have processed Foreign currency revaluation through F.05 and got a report onscreen showing without errors.
When i am looking in SM35 for batchinput monitoring error log and looking for G/L codes the postings work for G/L codes only but not specific Balancesheet control account.
Can you please give me your valuable answers.
Regards,
Baltha

Hi
I have not understood your question clearly.
The message shows clearly processed without errors.
The log will show doc nos. Please see the document posted - will show the accounts posted.
Revaluation of FC of vendor and customer will get posted only to GL accounts - and not sub-ledgers.
By seeing the Exch Loss/Gain- Unrealised - you will get these doc also- as per the posting dates.
These docs are special docs - where only co code currency will get posted (DMBTR) and no doc currency.
In all other docs both currencies will get populated eventhough it is same.
hope this will help you a little

Foreign conversion currency posting

Dear ALL
In my Client place when they purchase in export orders they billed the goods in the current foreign currency rate for example use 46.20 when they issue the payment to vendor through bank cheque payment that time the foreign currency rate may be higher or lower value . for this process how to make accounted the difference loss amount what are the entries and valuation conversion currency process what we have to do. Pl guide to do this process.
Regards,
Girija

Hi,
You have to maintain Exchange rates for different types in OB08 as per your requirement.
Also while posting invoice you can put the different excange rate from the one maintain in OB08 for particular Invoice provided the exchange rate difference is within the tolerance limit.
Then you have to define G/L accounts for Automatic account assignment is FBKP -- Automatic Posting - Exchange Rate Difference.
So, while making payment system will automatically calculate Gain/Loss due to exchange rate difference & will post the same to these G/L accounts.
Regards,
Sheetal

Foreign currency translation posting into Non leading ledger

Hi,
Is it possible to post Foreign currency translation into Non Leading Ledger? I have used the Tcode FAGL_FC_TRANS to post Foreign currency translation, but when i look into transaction data in FAGLFLEXA table, i can only see the posting into 0L (leading ledger). If it is possible to post into non leading leadger, could any one guide me how to do that.
Thanks,
Sabera

Hi,
Please find the below link it will help full for you,.........
define exchange rate types according to ledgers
Naresh

Foreign Exchange difference posted to price difference account at MIGO

Hi,
We have a problem regarding posting foreign exchange rate difference at the time of GR.
We are costing materials at the beginning of year, and purchases made during the year as per PIR will result in legitimate price difference which is posted to price difference account. Thatu2019s working alright.
Now, due to new business requirement, we maintained PIR in MXN (Mexican peso), & standard cost is converted in local currency USD as per exch. rate maintained in OB08.
Now, when we do GR, the difference of foreign exchange at the time of Std. cost & GR date is posted to Price difference account instead of foreign exchange account. For eg. Std .cost of material A is 1000 MXN, and GR cost of material X is also 1000 MXN, however corresponding USD is different because of different foreign exchange rate.
Will appreciate if someone can suggest on how can we post it to exch.rate diff.account instead of price diff. acct. ?
Thanks,
Nirav

Hi,
Thanks for your replies.
We have already maitained exch.rate GL OBYC-KDM, which is successfully posted with the exch.rate diff.arising out of GR & IV at the time of IV.
I'm talking about price difference in Std. cost & GR value because of exch.rate diff.
For example, Std cost for Material A is 1000 MXN converted to $100 with exch.rate of 10. Now, GR happens with 1000 MXN converted to $200 with prevailing exch.rate of 5. Please note that std. cost and GR is the same price 1000 MXN, but USD amount is changed resulting $100 gets posted to PRICE DIFFERENCE Account, whereas we want to post it to FOREIGN Exch. diff.A/c becuase it's arising out of exch,rate difference.
Please let me know if it makes sense.
Thanks,
Nirav

Foreign Curr Documnet posting

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