Foreign currency posted to Foreign currency G/L account
Hi all,
I want to ask something.
Say I got a G/L account with the account currency USD. Say this G/L account is 10000 - Swiss Bank (USD)
Say the exchange rate goes like this,
USD SGD
Jan 1 1.1
Feb 1 1.3
Mar 1 1.4
So the G/L account balance is zero as of Jan.
Say in Jan I use fb50 to post 1000 USD to this bank.
So there is a +1000 USD and +1100 SGD to the bank.
And in Feb I do not post anything, so comes Mar, the balance in the bank is still 1000 USD and 1400 SGD.
Say in Mar, I use fb50 to take out 1000 USD. So says it will takes the exchange 1.1, and there will be a -1000 USD and -1400 SGD from the bank.
So the balance will be 0 USD and -300 SGD? Is that correct?
Hi,
Since this is realized exchange loss, it needs to be transfered to exchange gain/loss account. If you have maintained this account as open items, then you can do this by clearing the open items. If not, you have to pass a manual entry.
Let me know the t-code you used for the second option. It'll help me to understand the scenario well.
Regards,
Inoka.
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https://websmp230.sap-ag.de/sap(bD1lbiZjPTAwMQ==)/bc/bsp/spn/sapnotes/index2.htm?numm=1464666
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You can do..
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