Foreign currency debit, credit problem

Hi Expert,
My co they migrated newly new gl .
FAGL_FC_VAL forex valuation, Instead debited the balance of the account its crediting, and some account instead of crediting the balance its debiting. I checked oba1, ftxp everthing perfectly its there.
Creditor balance debiting, debtor balance debiting.
Regards
Mani.S

Hi Experts,
Valuation method
PAYB - exch rate for debit, credit bal-B
RECN- exch rate for debit, credit bal-G
TER - Exch rate for debit, credit bal-G
valuation area
H1 - PAYB
H2 - RECN
H3 - TER
Assignment of accounting principle
IFRS
Valuation Area and accouting principle
H1 - IFRS
H2- IFRS
Under Parallel accouting accounting principle assigned to target ledger 0L
Everthing there till we facing problem
I am not asking the customization for foreing currency, Because I am in supporting team Co already migrated to New GL.
I want only solution. the problem Instead of debiting its crediting and vice versa.
This problem not before implementing new GL
Regard
Mani.S

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Hi all
we are facing some problem in the F.05..that is we are getting some amount difference in one company code 6000
but we do not have any issues with the forex revaluation. We are following the same process for both the company codes i. e 4000 and 6000 for forex revaluation ( T Code: F.05).
In both the postings Balance sheet preparation valuation was selected. Only when we are knocking off the customer open line item against the payment, Forex revaluation entry is not reversed incase of company Code:6000. For company code:4000 documents are properly posted.
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vamsi

Hi Vamsi,
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i want to post a credit memo against an invoice posted with a foreign currency.
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MY client runs foreign currency through some background job every day but some of document are posted wrongly on 18.12.2011monly currecny AUD. but I have reversed the document and repost it.
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Hi,
I have done the following settings for Inventory Mgmt:Output determination:
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Edited by: Prabhu Sundararaman on Dec 16, 2008 12:31 PM

You call do_addition with a wrong set of parameters or you use the wrong datatypes from your parameters.
Check what parameters ( and their datatypes ) that procedure expects.
Also check if you have the right privileges for using UPDATE_ERROR_MSG and that a synonym exists for it.
fa_addition_pub.do_addition
(p_api_version => 1.0,
p_init_msg_list => fnd_api.g_false,
p_commit => fnd_api.g_false,
p_validation_level => fnd_api.g_valid_level_full,
x_return_status => l_return_status,
x_msg_count => l_mesg_count,
x_msg_data => l_mesg,
p_calling_fn => 'FA_ADDITION_API', ---modify by anand
px_trans_rec => l_trans_rec,
px_dist_trans_rec => l_dist_trans_rec,
px_asset_hdr_rec => l_asset_hdr_rec,
px_asset_desc_rec => l_asset_desc_rec,
px_asset_type_rec => l_asset_type_rec,
px_asset_cat_rec => l_asset_cat_rec,
px_asset_hierarchy_rec => l_asset_hierarchy_rec,
px_asset_fin_rec => l_asset_fin_rec,
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Error when using automatic clearing (F.13)with foreign currency valuation.

Hello all
below is our problem, please suggest us a solution
We are experiencing a problem when running the automatic clearing in SAP. Somehow, the system seems to clear (with no reason) open items created with the revaluation of foreign currency.
Let's say that we run the valuation of open items in foreign currency for December 31, and we run the program to post the reverse entry as of January 1 of the next year. As a result of this valuation, the system calculates a loss of 10 euros. Therefore, it posts a document with a debit entry of 10 into the Loss account, and a credit of 10 in to account where the valuation was carried out. This document has a posting date of December 31. The batch program also creates the reversing entry, this time a credit entry into the Loss account, and a debit into the original account.
If now, we try to run the automatic clearing (F,13) on December 31 for those accounts, the system will create (automatically) a document on December 31, similar to the reversing entry that the valuation created, clearing at the same time, the first document that the valuation originally created.
The final result then is that the valuation makes a posting, and we end up having two reversing entries. Does it make sense?
In our scenario in the system P70, for MX10, we have a foreign currency valuation run on December 31st, which posted the document numbers:
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2) In the same batch, the system also books a reversing entry (doc 5100000042/2009) with posting date 01.01.2009 with exactly the same opposite entries as in the previous document.
3) After this, we run the automatic clearing with posting date 31.12.2008, and now, the system creates automatically the document 5000003236/2008, which clear the original document, 5100004579.
The final result, as you can see, it's out of balance, there is an additional document that we need to reverse.
Thanks in advance
sujatha

To my knowledge you get do two things:
1. In F.13 transaction don't include both the GL accounts where the Dr. and Cr. posting from the valuation run have taken place. With this the system won't find the matching entry.
2. If you want to use all the GL accounts in F.13, then check the clearing procedure configuration and make suitable changes.
With the info provided, this is the only thing I can suggest.
Regards,
~Vishal.

Posting in local currency on foreign currency account/correctionOfValuation

Hi everybody!
I have a problem, and I hope someone will help me.
Is there any way to make posting in local currency on account with foreign currency as the account currency?
The reason why I'm asking this, is that I have to make corrections to currency valuation.
This is the situation: they made foreign currency valuation for last period of previous fiscal year. Instead without reversing, they made it with reversing, on the first day of 1. period in the new fiscal year. After this, they made reversing (fb08) of reversing document created by valuation program. Of course, after all, they have wrong valuation for every next period.
I have to make corrections in 3. period (1. and 2. are closed).
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Balance for the 3. period will be 0, but every next valuation will be ok (it will valuate difference for 31.12.2006., not difference for document posting date).
If anybody have idea how to make posting on foreign currency account, or the other way to make correction of valuation, I'll be grateful.
Best regards

Create one FI documents with multiple line items as per the following example. In this case you need to enter amount in both local currency and in document currency fields-
If you want to post credit of USD 5.00
Line 1: Local currency Dr. USD 5; Doc currency =x
Line 2: Local currency Cr. USD 10; Doc currency =x
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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
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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

Any SAP report to capture Foreign currency Inflow and outflow

Hi Guru
Any report available which can provide Inflow and Outflow amount in a Company code in Foreign currency.
Account recievable report+ Account Payable report
I was thinking of using BSIK/BSAK and BSAD/BSID tables for this.
Report shud have these columns
For Each Vendor and Customer >>>>>>
Opening Balance This month Debit This month credit
it is to get closing balance..
please advise.........if no standard report than any logic will also be welcomed.
Edited by:
Edited by: AJeet N on Sep 14, 2010 1:27 PM

You can also try out the report HINUACRP.
Regards,
Santosh.

Onlybalances on local currency - incorrect foreign currency valuation

Dear all,
I have the following problem:
My customer created some manual accounts and did tick the box for only balances in local currency. Now my customer wanted to do foreign currency valuation on these accounts. I told the customer to make balance zero on account, un-tick "local currency" on GL account master record. And then reverse the document wihich makes the balance zero. This worked fine. But now when the customer wants to do foreign currency valuation (on balances) only new postings after the GL account master data change will be taken into account for balance.
It must be possible to change this? So that balance in document currency and local currency is correct when comparing to for example line items in fbl3n.
Very gladful for any help!
BR Åsa

Thank you for the information. Just want to make this clear. I did the following. Acoount number is 166000.
1. Amount in document currency: balance 5000 PLN (debet)
Amount in local currency: 12000 SEK (debet)
2. Post a GL account document:
Credit 12 000 SEK account 166000
Debet 12000 SEK account 168000 (or any other account).
3. Un-tick only balances in local currency on GL account master data
4. Reverse the GL document created in step 2 above.
5. Test run foreign currency valuation on account 166000 does not show any postings (no balance in other currency).
Can you please help me with what to do exactly? (GL postings)
Thank you very much!
BR

Posting in Foreign currency

Hi all,
We have created following transaction in Foreign currency
Purchase Order with exchange rate of Rs.48/- per USD
          Qty     Rate in USD
1     Item 1     5000     25
Goods Receipt P.O. with exchange rate of Rs.49/- per USD
          Qty     Rate in USD     Total
USD
1     Item 1     4000     25     1,00,000
Journal Entry for GRPO is as follows
     Account     LC   INR     SC INR     FC USD
1     Inventory Account     49,00,000     49,00,000     1,00,000     Debit
2     Goods Receipt IR     49,00,000     49,00,000     1,00,000     Credit
A/P Invoice with exchange rate of Rs.50/- per USD
          Qty     Rate in USD     Total
USD
1     Item 1     4000     25     1,00,000
Journal Entry for A/P Invoice is as follows
     Account     LC   INR     SC INR     FC USD
1     Vendor     50,00,000     50,00,000     1,00,000     Credit
2     Inventory Account     1,00,000     1,00,000     2,000     Debit
3     Goods Receipt IR     49,00,000     49,00,000     98,000     Debit
Now when we see General Ledger for account Goods Receipt IR it shows balance as zero in Local and System currency, where as it shows USD 2000 credit in Foreign currency (FC).
The customer expects Goods Receipt IR to be zero by having journal entry for A/P Invoice as follows Journal Entry for A/P Invoice is as follows
     Account     LC   INR     SC INR     FC USD
1     Vendor     50,00,000     50,00,000     1,00,000     Credit
2     Inventory Account     1,00,000     1,00,000          Debit
3     Goods Receipt IR     49,00,000     49,00,000     1,00,000     Debit
Thanking in advance,
Samir Gandhi

Hi Samir,
The Goods Received NI (Allocation Cost Account) need to be balaned in Local and System Currency as this is a Multi Currency account and these are the currencies that Business One will offer reports in.
The Foreign Currency for this account is irrelevant as you can never get a balance in FC for a multi currency account, neither will you find any reports for this.
If the client insists you can create a manual Journal entry in FC only to correct this. Business One does not offer any functionality to correct the Foreign Currency in this scenario. (like Exchange Rate difference for Local Currency and Conversion Differences for System Currency)
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Hope it clarifies the issue.
Jesper

Foreign Currency Valuation not posted to GL account

Hi,
While I run foreign currency valuation even tick on check box of Create Posting button under FAGL_FC_VAL it show me summary report and posting tab it show me properly Debit/Credit entry on last day of month and 1st of month it become reverse as usual. But while I go through respective GL account of "Forex Unrealised Profit" and " Foreign Exchange Adjustment" account in FBL3N it does not show me line ietms result after running foreign curreny valuation. It should show the result in respective GL accounts where line items are tick in each GL accounts and valuation method I use EVR(always valuate). Why it is happening ?
Best Regards,
Anindita

Hi,
After executing FAGL_FC_VAL, do you execute Batch Input Session in SM35. If no then
When you execute FAGL_FC_VAL you will find the field called Batch Input Session name where you have to give a name for e.g. FOREXVAL. Once you execute it then system creates Batch Input Session in SM35. So go to SM35 and select the session FOREXVAL and click on Process icon seen on the top and select Display errors only and press ok.
Regards,
Chintan Joshi.

Clearing Foreign Currency invoice with Local currency

Hi,
We do have a requirement for clearing of Vendor Invoices ( Foreign Currency) with Payment of Local Currency . System not posting any Forex fluxuations .
Clint required to see the Foreign Exchange gain loss automatic postings ,
Eg:    Vendor Invoice   200 $    (200 $ = 800 INR) Exchange Rate : 40
          Payment            1000 INR                       Exchange Rate : 50
Expected Result :
Vendor Dr                     : 800
Bank    Cr                      : 1000
Forex gain / loss Dr       :   200
Regards,
sujana

Hi,
I have deactivated , the check box of No forex gain loss for local currency in Global parameters.
But system behavious is following manner.
1. While making payment (F-53) , system fetching the exchange rate from exchange rate table ,. NO OPTION for User input.
But customer requirement is exchange rate will be according to user input.
2. While clearing system , the difference of forex gain , system expecting differential posting besides to forex gain loss amount.
But customer requirement is to post accounting entry would be
              Vendor debit
             Bank Credit
           Forex gain / loss a/c Dr.
Please suggest , if any body has got an idea ..,
Regards,
Sujana

Foreign Currency Translation at Year End - How SAP Works for P&L items?

Hi All,
I wanted to know "How SAP works on Foreign Currency Translation at year end" from Local Currency to Group Currency for P&L Items.
I know how SAP works for Balance sheet items but am really confused with when the translation was done for P&L Items.
Configuration:
We are on ECC 6.0 . Local Currency is CAD and we have 2nd Local Currency as "USD - Group Curr".
We have set up Valuation Method - 4
We have set up Valuation Area - 40
For Account Determination for Currency Translation, GL accounts (Loss, Gain and B/S Adj) were setup for the combination of Chart of Accounts, Val Area and Fin Stmt Ver.
Sales Account Balance
CAD (LC)        USD (2nd LC)
1000                   920
Using tcode "FAGL_FC_TRANS", we translated our P&L items.
Local Currency is CAD and Group Currency is USD.
CAD 1000 and USD 920 are cumulative balances over a period of time.
Since at the end of year CAD became stronger, exchange rate is 1.11 as an example
Sales Account Balance
CAD (LC)        USD (2nd LC)        Translated Value in USD
1000                   920                        900
System passed the following entry in USD:
Debit Balance Sheet Adj A/c 20
Credit Translation Gain / Loss A/c 20
Here are the questions:
1. How does over all translation work? - Should we get any Gain / Loss and have an effect on P&L when all accounts (P&L, B/S) are translated?
2. How can there be a gain entry when USD value has really fallen from 920 to 900 in the current case.
Thanks for your time.
Vijay

Hi,
I had this issue too. The entry was just opposite to what it should be. I just flipped the accounts in table FAGL_T030TR.
Example: 410000 is sales account which normally should have a credit balance. Here are some entries that were posted to sales in 03/2009 and I am running FAGL_FC_TRANS at the end of the month.
March 1, 2009 Cr. Sales CAD 1000- USD 900-
March 2, 2009 Cr. Sales CAD 500- USD 480-
During FC translation transaction, system takes the balance in the account for the period (if you execute it with 'Val. period balance only' checkbox checked) and not the cumulative balance. SAP recommends translating period balance only (and not cumulative balance) for P&L accounts. It sees a balance in LC (this again depends on the config. you have in OB22 - whether the indicator is 1 (TC as source currency) or 2 (LC as source currency for translation)) which is 1500, converts that at month end rate. After conversion, lets say the balance is 1400-.
In this case, we expect a credit entry on sales account
March 31, 2009 Cr. Sales CAD 0 USD 20-
But system was just posting the opposite. I then flipped the accounts in FC translation configuration. I know it is misleading. In that configuration, system says balance sheet adjustment account, but what you should actually give there is your gain/loss account. Our gain/loss a/c. falls in the same GL account range as the main account. For example, for 410000, it is 410999 and for 510000, it is 510999. We report accounts 410000 to 410999 in the same node in the FSV.
Pl. feel free to ask further questions about this. Pl. test in your system and correct me if my above reply is wrong.
Cheers!

Intercompany payment posting after Foreign currency valuation - F.05

Hi Gurus,
I have an issue with intercompany payment posting after foreign currency valuation run.
Build Up:
Let me give you a brief description first. Company u2018Au2019 has open items from Company u2018Bu2019. Basically Company u2018Au2019 charges management fees from Company u2018Bu2019. Both companies have a local currency of u2018EURu2019 and a group currency of u2018USDu2019. The open items posted in company u2018Au2019 have been accumulating for two years now. In January of this year finance decided to run the foreign currency valuation (F.05). The method they used was the reversal method. So at the beginning of the next month the entries from the valuation were reversed. They repeated this in February as well. Note this is the first time the foreign currency valuation was performed in SAP, before it was done manually. After February they never ran the foreign currency valuation run.
Issue:
Now what is happening is, when open items that have been accumulating for over two years and are before the foreign currency valuation run are cleared (payment is made) there is a exchange rate loss/gain. When the open item is cleared there is posting to the G/L account for Balance sheet adjustment and also an exchange rate loss/gain G/L account.
Posting:
Debit u2013 Cash
Credit u2013 Customer (intercompany)
Credit u2013 Balance sheet adjustment account (unrealized loss)
Debit u2013 Profit and loss account (realized loss)
The balance sheet adjustment account that is posted to is from OBA1 u2013 KDF u2013 balance sheet adjustment account in the foreign currency valuation accounts. Currency translation account determination is empty in OBA1.
I understand the system while payment posting is clearing/offset the unrealized loss/gain and posting the realized loss/gain. But how is this possible, when the foreign currency valuation run was done the entries were reversed so there was no unrealized loss/gain posted.
Also another caveat: Isnu2019t foreign currency valuation for open items that are posted in foreign currency and need to be revaluated to local currency. Well that is what is puzzling the open items posted in company u2018Au2019 are posted in local currency u2018EURu2019 so the foreign currency valuation should not affect these open items, correct? And if this is true then when the open items is cleared the unrealized loss/gain should never be cleared since there is none posted the exchange rate difference should only be posted to the realized account in the profit and loss correct? Please help? I can explain further if needed?
Thank you.
Comments and facts:
Companies fiscal year is June u2013 May.
Company u2018Au2019 and u2018Bu2019 have a local currency of u2018EURu2019, group currency is u2018USDu2019
The invoices in Company u2018Au2019 were posted in u2018EURu2019
The foreign currency valuation was only ever run in January and February of 2010.

HI ,
I believe becuase you did not enter any date that's why they did n't reverse automtcially . You need to enter to reverse.
now you can use f.80 mass reversal for all of them
Many Thanks

Foreign currency debit, credit problem

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