Foreign Currency Valuation posted to the wrong account.

Dear Experts,
We set account for losses or gains from exchange rate changes for those accounts which didnt tick 'open item managment' in OBA1(Transaction : KDB).
We set different accounts for foreign currencies :EUR,JPD,USD, and for the rest of the currencies, it will post to another accounts.
But there has a docuemnt which was created by FAGL_FC_VAL, its document currency is EUR, and loal document is CZK,but it posted to accounts exchange losses/gains - other instead of exchange losses/gains-EUR wrongly.
Could you help with this ,thanks a lot!
Br
Sophie Xue

Dear SDNFICO,
this account doesnt tick 'open item management' for this company, but it has setting in OB09 which is correct too,
Br
Sophie

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Post foreign currency valuation for special G/L accounts

Dear experts,
Our client wants to evaluate the balance of down payment account after each partial clearing with invoice.As down payments are being posted by special G/L indicators, they are not able to post to the down payment account directly.
and there is no possibility to post foreign currency valuation by SG/L indicators in F-05 and FBB1 transaction codes.
Could you please tell me how we can evaluate a SG/L account directly?
Best Regards,

Hi Rezvan,
That is not possible also this is not required.
Because unrealized gain/loss we post to Balance sheet adjustment account and Fx gain/loss accounts.
We don't post any differences directly to sub ledgers.
you can use F.05 or FAGL_FC_VAL trasanction for Foreign currency valuation.
where you can have option of valuate the Spl GL too in selection screen.
Also
When you select Vendor option in FAGL_FC_VAL, program valuates all the line items including special gl items.
And this valuation difference can be posted to balance sheet adjustment account which you maintain in OB09.
Regards
Atul

Foreign currency valuation for GR/IR clearing account is repeatedly posting

While executing foreign currency valuation (program SAPF100) through T code F.05 the following fields are selected for the spotted rate valuation for currency type 10.
A)     Valuate G/L account open items
B)     Evaluate GR/IR account (GR/IR clearing account is selected)
C)     Valuate customer open items
After execution the valuation postings are repeated in GR/IR FC valuation Balance sheet adj account while the postings in other accounts occur only once.
GR/IR FC valuation Balance sheet adjustment account is configured in OB09 for GR/IR account for respective currency type and local currency.
What could be the reason for repeated postings in FC valuation account?

I think there is some issue with the process, normally vendor/customer reconciliation account or some liability assets related account which has impact due to foreign currency rate changes needs to be revaluated. I don't understand why you have set up foreign currency valuation for GR/IR account, these are intermediatory account which reflects in system between for example GR and IR.
I also think that you need more information on foreign currency valuation, basically it happens on a particular key date and gets reversed on key date + 1, because revaluation is only required on a key date for reporting purposes. on the next day it get reversed and actual loss or profit on foreign currency only gets booked on realization.
Hope this helps!!!
Murlidhar Khatri

Foreign Currency Valuation - GL at the time of clearing of open items

Hi experts,
We valuate the open items (Balance sheet items) in Company Code Currency without checking the reversal option.
At the time of clearing of these open items, the GL used for reversal of the valuation difference is been different.
GL mapped in OBA1:
Exch.rate diff realized
Loss/Gain: 716000
Valuation: Loss/Gain - 716001
Bal.Adj 1: 101699
Translation:
Loss/Gain: 716000
Bal.sheet adj -Loss/Gain: 716001
At the time of clearing of open items:
The entry which is getting passed for the reversal of the valuation difference is some time posted to GL: 101699 and sometime to GL 716000. The off-setting GL been Clearing GL(which is been valuated).
Could someone kindly through some light as to why the system behaving in such a way. We expect the GL at the time of reversal to be 101699.
Thanks in advance.

Hi Pradeep,
The principle of foreign currency revaluation works as follows for the open items like AR, AP and Bank Balances:
At the period end the system revaluates the open items (or balances, as the case may be) with the period end exchange rate and thus posts the difference between the original exchange rate (at the time the open item was created) and the period end rate. This could be loss or gain due to revaluation. One side of the entry is P&L (7...account) and the other side is the balance sheet (the balance sheet account typically comes from AR, AP or Bank/Cash range).
This loss or gain is not realized since at the period end the open item is still out there. When you clear the open item, the loss or gain due to the latest exchange rate is realized immediately and is posted to realized loss or gain, with an offset to the original balance sheet account.
I hope the above helps.
Sharabh

Foreign currency revaluation using customer or vendor accounts

Dear friends,
I am new to the forum and I wonder whether there is a foreign currency revaluation procedure (besides SAPF100) which can generate revaluation postings using customer or vendor accounts directly, instead of G/L accounts.
Supposedly for example, we had a customer Denmark National Bank, with id 400006A, and this account had a debit balance of 10000,00 EUR local currency, which would be 750000,00 DKK foreign currency (if for instance, the original rate was 7,50 DKK / EUR).
At the time I run FC valuation for customer 400006A, the currency rate could be for example 8,00 DKK/EUR.
Thus, the new LC amount that arises after valuation : 9375,00 EUR (which is 75000,00 DKK / 8,00).
In this way, I would have an amount loss of: 10000,00 9375,00 = 625,00 EUR.
Then, if we were to apply such customer valuation based on business area, we could probably have the following posting:
PKey   Bus. Area Account FC amount (DKK) LC amount (EUR)
17       0017    400006A 75000,00       10000,00
04       0017    400006A 75000,00        9375,00
40       0017 6910000000      0,00         625,00
In this way, customer 400006A is credited with an amount of 10000,00 EUR and balances out.
A new balance of 9375,00 EUR is created after valuation, and an amount loss of 625,00 is posted to G/L Main Loss Account 6910000000 (or to a G/L profit account in case of an amount gain).
Program SAPF100 works in a slightly different way, in the sense that it posts valuation differences in G/L accounts rather than to customer or vendor accounts directly in the way that was described above.
Any ideas or suggestions would be appreciated.

Hi Orestis,
I imagine this is correct, because for the vendors/customers, we have the reconciliation account. In the reconciliation account, we should record only the open and closed items (I can't see any process that would record foreign currency valuation differences in the reconciliation account).
Regards,
Daniel Carvalho.

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

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

Accounting Principle role in Foreign Currency Valuation

Dear Frns,
Why do we create an Accounting Principle in Foreign Currency Valuation and assign the same to the Ledger Group.
Regards,
Venkata

Hi Venkata,
The Assignment of Accounting Principle to Ledger Group is to ensure that the system knows to which ledger group the valuation is to be done. Since we can valuate the foreign currency documents to ledger specific posting as well.
Say there is one ledger pertaining to Leading ledger 0L and another non leading ledger L1, where 0L is pertains to US GAAP and L1 pertains to IFRS. So based on requirement, during the execution of FAGL_FC_VAL, you specify valuation area which will post to those areas.
Hope this is clear.
Regards,
Rithin

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

Foreign currency valuation program picking when there is no postings

Hi experts,
While doing the foreign currency revaluation through facl_fc_val, system throwing the Gl errors "posting for general ledger accout gl.155010 amount 7.58 set in batch input" while checking the gl account through fs10n there is no foreign currency posting for the particular month. How the system taking foreign currency valuation program for the particular month. We checked the error message which showing the tax error, we removed the tax indicator in the gl master system not throwing the error, but the client dont want to remove the tax indicator. Can you give your valuable solution.
J.Francis

yes

F.05 foreign currency valuation issue

Hi experts,
can anyone suggest me
last 1 week onward i have been struggling one issue that is f.05 foreign currency valuation related
when the user post the transaction code f.05 is working fine but again its getting reversal automatically.the reverse check box also UN checked but its still its getting reversal
example:
when the user post the f.05 its successfully posted with document number 00277 but its again reversal 00278 its effected all Gl accounts like from
164302 to 164309 all accounts are automatically reversed .the client have only one company code
can any one suggest me its bit urgent
Thanks & regards
Pradeep

Hello Pradeep,
if I understand correctly this is a Financials-related question - which could be posted to the
http://scn.sap.com/community/erp/financials Space, as Financials-related questions are usually gathered there.
Perhaps you can try to post this question there again.
Best regards,
Laszlo

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.

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,

Error while running the foreign currency valuation

hello frnds,
i got the following error while running the foreign currency valuation.
No accounting principle assigned to valuation area
Message No.fr894
Diagnosis
In customizing the valuation area is not assigned to an accounting principle. You can use the accounting principle to define the general ledgers in which posting takes place.
System Response
Error msg
Procedure
Assign the valuation area to an accounting principle.
Above is the error message, but I created valuation area and assigned it to an accounting principle.
Guide me with some inputs.
Regards,
Siva

Hi,
Please check the following path
IMG > Financial Accounting (New) > Financial Accounting Global Settings (New) > Ledgers > Parallel Accounting > Assign Accounting Principle to Ledger Groups
Whether you have defined the Accounting Principles to Ledger Group?
Regards,
jigar

Foreign currency valuation(f.05) reversal is not getting posted automatically.

Hi All,
i performed foreign currency valuation using F.05 with evaluation key date as 31/05/2014.
i checked the check boxes 'create postings' and 'reverse postings' for G/L account balance valuation and haven't entered any date for reversal 'posting date'.
evaluation postings got generated but reversal posting were not generated. i was under the impression that the reverse postings should be posted on the next day. but i can't see any reverse postings till now.
Kindly advise me on this.
Regards,
Sreeni.

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 Valuation posted to the wrong account.

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