Foreign currency validation

Hi, Experts,
I was wondering when doing Foreign currency validation,  The system get the Profit center defaultly, when posting the variance.
I am wondering where did system get the Profit center when we do FAGL_FC_VAL?

Hi Bryan Shala,
When you execute T-code FAGL_FC_VAL for sub-ledger like Customer and Vendor. It will check the open item posted with Profit Center.
It will post the Gain/Loss to same Profit center, to the Profit center which posted in open Item.
Regards
Rakshith

Similar Messages

  • Foreign currency invoice Through APP Run Payment

    Hi SAP Guru's,
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    Job started
    Step 001 started (program SAPF110S, variant &0000000021747, user ID BREDDY)
    Log for proposal run for payment on 02/09/2012, identification B1
    Information re. vendor 65670 / customer  / paying company code 3130 ...
    Payment with currency USD, payment method : No valid payment procedure
    Information re. vendor 65670 / paying company code 3130 ...
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    Step 002 started (program SAPFPAYM_SCHEDULE, variant &0000000008301, user ID BREDDY)
    Step 003 started (program RFFOEDI1, variant &0000000000283, user ID BREDDY)
    Program RFFOEDI1: No records selected
    can any one suggest me if any configuration is needed and how to run "Foreign currency invoice Through APP Run Payment"
    Thanks in Advance,
    Bhaskar Reddy.S

    Hi Vishnu,
    Thanks for your quick replay,it is also very useful answer to me. and i got the solution finally.
    Setps:-
    1) FS00 Under Control Data Tab  I Remove the only Balance in Local Currency Check box
    2)FBZP >BANK DETERMINATION> RANKING ORDER (Select ur company code), We need to maintain The which currency you want to like you have payment method "C" You should maintain
    Payment Method       Currency     Ranking.Order          House Bank
    C                                SEK                 1                            1000
    C                                USD                 2                            1000
    C                                  GBP                3                             1000
    Under  Bank Accounts Folder
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    1000                             I                               SEK             SEK1               200101
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    1000                             I                               GBP             SEK1               200101
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    House Bank          Account ID      Days    Currency    Available for  outgoing Payment
    1000                       SEK1                0           SEK           9,999,999,999,99
    1000                       SEK1                0           USD           9,999,999,999,99
    1000                       SEK1                0           GBP           9,999,999,999,99
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  • Foreign Currency Revaluation

    Dear Consultants,
       We have maintain the Exchange rate in C and V  for the customer and Vendor
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        In fact we had maintained the Exchange rate perfectly for both C and
    V in the system.
    Some documents are posted with currency type"EUR".
    We are in the process of passing Foreign Currency revaluation Entries
    for the Open Vendor Items and Open Customer Items for the fiscal year
    2006-2007.
    Sytem is taking the latest rate maintained in T.code:OB08 for exchange rate type of "EURX"
    Any reasons.Please provide solution as early as possible.
    Regards,
    Kalpana

    Dear Kalpana,
    When you are doing Foreigh Currency Valuation, System will take the Currency rate which is valid on key date ( the date you enter while running f.05).
    If require, let us know.
    Regards,
    Venkat

  • Foreign currency payments

    Hi all,
    we have an issue related to foreign currency payments. Below a short action plan what we are doing:
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    2. Validate the invoices with 'Invoice Validation'
    3. Populate the ap_inv_selection_criteria_all
    4. We call the 'Payment Process Request Program'
    5. We call 'Build Payments'
    6. We call 'Create Accounting'
    7. We call 'Transfer Journal Entries to GL'
    If we now have foreign currency payments it will not take the exchange rate from ap_inv_selection_criteria_all. Due to this data in the below tables is missing:
    AP_CHECKS_ALL - missing: EXCHANGE_RATE
    AP_INVOICE_PAYMENTS_ALL - missing: EXCHANGE_RATE, PAYMENT_BASE_AMOUNT
    AP_PAYMENT_HISTORY_ALL - missing: PMT_TO_BASE_XRATE, TRX_BASE_AMOUNT
    Due to this we generate payments, but the whole accounting will fail with 'Missing rates'
    Any one who knows which columns in the ap_inv_selection_criteria_all must be populated for foreign currency payments?
    We populate: exchange_rate, exchange_date, exchange_type
    But it seems like this is not sufficient.
    Environment:
    12.1.3 Apps
    11.2.0.2 DB
    We already have a data fix. But the issue will occur everytime we have a foreign currency invoice which has to be processed.
    Thanks,
    Kai

    Below are the columns we populate in the table ap_inv_selection_criteria_all:
    (checkrun_name,
    check_date,
    last_update_date,
    last_updated_by,
    bank_account_name,
    period_name,
    pay_thru_date,
    hi_payment_priority,
    low_payment_priority,
    pay_only_when_due_flag,
    status,
    currency_code,
    document_order_lookup_code,
    audit_required_flag,
    last_update_login,
    creation_date,
    created_by,
    zero_amounts_allowed,
    payment_method_code,
    org_id,
    checkrun_id,
    bank_account_id,
    template_flag,
    future_dated_payment_flag,
    exchange_rate,
    exchange_rate_type,
    exchange_date,
    payment_document_id,
    create_instrs_flag,
    pay_group_option,
    currency_group_option,
    le_group_option,
    ou_group_option)
    Thanks,
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  • Why foreign currency valuation is required ?

    Hi.
    I just want to clear my doubt. If we deal with foreign vendors or customers like vendor invoice is done through USD or EUR or GBP but payment is not made till now or customer invoices are done but payment is not received from them in month of August. In that case if we run foreign currency valuation of open vendor invoices and open customer invoices on 31st August it will generate accounting entry and next day i.e, 1st September accounting entry will be reversed. So my question is we have not received from customer and we have not paid to vendor, invoices are still open from customer and vendor side. So if we run foreign currency valuation what will be its actual effect  in the business and if we not run foreign currency valuation what are the problems may arrises because later if we pay to vendor through foreign currency then actual loss / gain effect will arrise in our business scenario.
    Kindly give me reply.

    hi
    As part of the period end process, and in anticipation of creating a period-end financial statement, all accounts held in foreign currency and all foreign currency open items must be re-valued at the period end rate. There are two tools within the SAP ERP Packaged Solution for this purpose:
    Foreign Currency Revaluation u2013 Balance Sheet Accounts: The program selects every balance sheet account, typically cash accounts, that is held in a foreign currency and re-values the total balance at the currently valid rate.  Any (sterling) exchange rate difference is posted to a realised gains/losses account.
    Foreign Currency Revaluation u2013 Open Item Accounts: Open item accounts managed in GBP, such as debtors and creditors, may contain foreign currency transactions. The program will individually revalue each open item to determine an overall unrealised foreign exchange gain or loss position.  The realised exchange rate gain/loss is posted when the transaction is cleared.
    It is a statutory requirement  to meet hte FAS52 and GAAP requirements
    thanks
    Srilaskhmi

  • F.05 Foreign Currency Valuation

    Hi,
    My user had problem when run F.05, Foreign Currency Valuation.  It was mentioned that no batch input data for screen SAPMF05A 0700 but it was noted that some transaction had taken place & posted.
    As not all the transaction had been posted successfully, I would like to seek your advice how could user post the transaction with error.  Some of the transaction was failed due to Posting period 005 2010 is not open.

    To highlight to users the new features found in the enhanced foreign currency revaluation program:
         Basic instructions given in initial screen (bottom part of screen) to emphasize correct execution of program for open-item accounts (GL, customer and vendor) and GL balances in foreign currency.
    u2022     u2018Bal sheet preparation valuatnu2019 checkbox u2013 This checkbox is applicable only for open-item accounts.  When ticked, the revaluation program updates the valuation difference in the open item document.  FI postings are generated, but reversal is not possible.  When unticked, the revaluation program proceeds to create a batch input session.  Postings are generated after executing the session in SM35.  Reversal of postings is possible (provided that u2018reverse postingsu2019 checkbox is ticked).
    u2022     Revaluation of GL balances in foreign currency will be executed via batch input session because at all times, u2018Bal sheet preparation valuatnu2019 checkbox is not ticked.
         Program has two spool outputs.  The spool xxxx attached to the job in SM37 shows the Message log.  The spool number xxxx u2013 1 shows the calculation, posting proposal and message log.  This second spool can be displayed in transaction SP01.
         To avoid errors and easier monitoring, the foreign currency program will have a minimum of four (4) runs:
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         Check the spool if there is an error.
         If error, correct and run a test run again.
         Test run should be repeated until there are no errors or   (red light items) found in the message spool.
    2.   Open item revaluation (Actual run) 
         Check the spool if there is an error.
         If error, correct and run a test run again.
    3.   G/L balances revaluation (Test run) 
    4.     G/L balances revaluation (Actual run) 
         If actual run is still executed after the error messages, the validation included in the program will ensure that the documents are not updated (value of BSEG_BDIFF will not change).  No batch session will be created.  Only when errors are corrected will the program be able to post the valuation difference documents.
         If the balance sheet adjustment account is blocked for posting, the program will proceed to create the batch session.  Another validation checks if there are existing batch sessions not processed in the previous month.

  • Foreign currency report

    hi friends
    our client is indian . have more than 20 compnay codes under one client each company code maintain the inr .he want foreign currency reports . how to conver form inr to foreign currency reports(usd,euro)
    pls explain with settings very urgent
    regards
    shiva

    Hello
    When you post a document in foreign currency, the system stores the amount in both local currency and foreign currency in each line item. The system checks whether the currency key has been defined and is therefore permitted.
    Foreign currencies are needed, for example,
    To post and save receivables and payables in foreign currency
    For handling payment transactions in foreign currency
    Managing accounts in foreign currency (foreign currency balance sheet accounts)
    Carrying out the consolidation and reporting for groups.
    In the line items, all amounts are saved in both currencies. These include the posting amount, tax amount, and cash discount amount.
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    You have made the following specifications in the Implementation Guide under Global Settings:
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    · You can also enter the exchange rate directly in the document header via the currency key and exchange rate fields.
    · Enter a translation date in the document header. The system then automatically takes the exchange rate valid on this translation date.
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  • Automatic translation into foreign currency

    Hello
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  • Error while creating a Foreign Currency Receipt using Create_Cash API

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  • FIXED ASSET : Import FA in Foreign Currency

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