Foreign Currency Valuation Values Conversion

Hello SAP Experts!
We are migrating from 4.6B to 4.7 and we are working in the vendor, customer and G/L accounts open items conversion.
In the present system (4.6B) the users use transaction F.05 for foreign
currency valuation with the flag "Bal. sheet preparation valuatn" activated. This means, that the valuation difference is not reversed
but it is stores in the field BSEG-BDIFF of the affected open item.
Now we are trying to convert those foreign currency open items with a
batch input to transaction FB01. However, the fields BSEG-BDIFF do not appear in the dynpros and we could not find a way to make them optional to enter the value of previous revaluations.
We have thought of transaction F-05, but there is no way there to reference the revaluation that is being posted to the affected open item. T
If we do not enter this amount in that field we will have problems
after the go live to pay those items, as the "Bal. sheet adj. 1"
account balance will never be zero and the gain/loss accounts for exchange rate difference will be duplicated.
Do anyone know how can this be done?
Hope you can help me on this one.
Many thanks in advance.
Regards!
Noelia

Hi Dominic!!
Thanks a lot for your answer. Yes, they are separate systems
Let me see if I understand your suggestion:
1) I should do a manual posting through F-05 in our 4.6B system bringing the balance adjustment account and the exchange rate difference account to zero.
2) Transfer the balances to 4.7.
3) In the first closing period run the automatic foreign currency valuation
(through F-05) with the flag "Bal. sheet preparation valuatn" deactivated so that the system revaluates the open items from the time the open item is created to that moment.
is it like that?
Many thanks for your help again!
Best regards,
Noelia

Similar Messages

  • Foreign currency valuation differences for reconciliation accounts

    Hi gurus,
    we have run the transaction FAGL_FC_VAL - Foreign Currency Valuation (New), now i try to make a report summirazing valuatin differences of the open line items by customer, vendor and gl account. however i cannot found the tables which the valuation differences are recorded. ( i dont find the values in the table bsbw in any FI document)
    the customizing is (tcode oba1)
    Exchange Rate Dif.: Open Items/GL Acct:
    for customers:
    G/L account:     1201xxx
    Bal.sheet adj.1: 1209xxx
    loss: 65xxxxx
    gain: 64xxxxx
    can you help me?
    thx.

    Is there any way to keep track of FC valuation differences by customer basis?
    i dont see how much FC differences occured for a spesific customer!

  • Foreign currency valuation (new) for vendors and costumers open items

    Dear friends,
    Is there any option  that when i run the foreign currency valuation program (fagl_fc_val) for vendors and costumers open line items not to generate the reverse posting? I have read in the sap library that the reverse posting is optional and the when you pay the invoice the system works the difference out between the valuation and the exchange rate of the payment, but i can not find it in customizing.
    thanks in advance
    marc

    I also like to add that it is best to post reversal because normally the revaluation entry is posted on the last date of the month and the reversal entry is posted on the first day of the following month, which means that the following month will have a new entry on the last date independent of the entry made in the prior month.
    The idea of posting the valuation entry is to value the customer and vendor open items which were posted (let us say 3 months ago in a foreign currency) with the latest exchange rate as of the end of the month. This way these payables and receivables stand corrected.
    Is there any reason why you don't want to post the reversal entry?

  • 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:
    1.   Open item revaluation (Test run)
         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 Valuation Run Re - look

    Hi experts,
    I am working on ECC 6.0.
    I have runned FCV and its successful showing the differences in exchange rates.
    How to take a re - look to that balances again .since i have closed the window. i want to analyse the values
    any code or path..?
    Thanks in advance
    Jerry

    Hi ,
    Using to Tcode FB03 you can find the FC valuation documents.
    Foreign currency valuation document type Z1
    you can select the document type and posting date so that you can find your FC valuation.
    Thanks
    Saravanan

  • Regrouping , Foreign currency valuation

    Hi All,
    Can anyone explain the use of regrouping(F101) and foreign currency valuation (F.05) ?

    Hi Manisha,
    Please find below mentioned the functionality of the reports.
    F.101-This report groups the receivables and payables according to a required
    list, for example, the "EU Guideline No. 4", and carries out transfer
    postings.
    Additional adjustment postings are necessary in the following cases:
    o   Customers with credit balances and vendors with debit balances
    o   Changed reconciliation accounts or partner (affiliated company)
    o   Display of investments
    All accounts that are managed on an open item basis are taken into
    account.
    Sorting of items:The decision as to whether an account is sorted according to receivables or payables depends on the financial statement value of an account. This is the balance of the account per reconciliation account and remaining
    life. If several accounts are connected by the same trading partner, the joint financial statement value of the account group created determines
    the type of sorting. If the balance is positive, the account is sorted
    according to receivables, if the balance is negative, the account is
    sorted according to payables. You define the sort methods required in
    Customizing.Alternatively, several accounts can be summarized in a group whose joint balance is used for sorting. The definition for the corporate group is
    used as group definition for customers and vendors. For G/L accounts,
    there is a separate field in the G/L account master record.
    For credit memos with an invoice reference, the due dates are taken from
    the invoice.Vendors with debit balances and customers with credit balances are
    determined separately for each point in the sorted list, since only
    items with virtually the same remaining life may be balanced with each
    other.
    The documents are totaled under the current reconciliation account of
    the customer or vendor master record. If the reconciliation account is
    changed, the amounts are transferred from the old reconciliation account  to the new reconciliation account.
    Investments: In some countries (for example, France), investments must be displayed  separately. You use parameters to select this additional display. The
    investments are then displayed as a total per reconciliation account and
    transferred.
    Postings
    For every transfer posting created, a reverse posting is also entered in
    the session. For reconciliation accounts in the customer or vendor area,
    postings are also made to an adjustment account.
    If you use a target company code, all items are summarized under the
    target company code and then processed. The company codes selected must
    be managed in the same currency however (for example, local currency,
    group currency).
    If you use an alternative valuation area, account determination for the
    transfer posting is carried out from the valuation area selected.
    ==========================================================
    F.05- This program carries out the foreign currency valuation.
    The following items/accounts are valuated:
    o   Open items
    o   Foreign currency balance sheet accounts. This means G/L accounts
        that are managed in a foreign currency.
    You have the following options for the foreign currency valuation:
    o   You can carry out the valuation in local currency or a parallel   local currency (for example, group currency).
      You can use different valuation methods (for example, HGB or US
      GAAP).
    e result of the valuations can be stored per valuated document and
    sted to adjustment accounts and P&L accounts.
    ation process
    lection
      Open items:
      The customer, vendor, and G/L account open items on the key date a
      read and balanced by account or group and currency.
      G/L account balances:
      Reconciliation accounts and accounts managed on an open item basis
      are not valuated. P&L accounts are only valuated as required: See
      also: "FASB 52 Translation".
    Grouping
    The documents or balances are balanced by currency and account (or
    group/valuation group). The exchange rate type for the valuation is
    determined from this balance.
    Valuation
    o   Open items:
        The items that are untranslated at the key date are summarized per
        invoice reference or account/group.
        If the result does not correspond to the method selected, for
        example, if a profit arises using the lowest value principle, no
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    o   G/L account balances:
        The balance is translated per currency and account/group on the key
        date. The valuation difference determined is compared with the
        valuation method specified (for example, lowest value principle).
    Hope this helps. please assign points.
    Rgds
    Manish

  • Post Foreign Currency Valuation

    Hi Friends.
    In F-05 (Post Foreign Currency Valuation) when I mention the amount in GBP which is a foreign currency and proceed to post, the other currency fields are not populated (Local currency and Hard curency)
    (when u click "more data" tab the fields local currency, hard currency fields will get populated and in my case they blank)
    Please suggest
    Thanks,
    Krishna

    Hi Krishna,
    this is a normal thing, we run a similar valuation for MXN against USD, with MXN being the company code currency. We also run MXN against EUR, GBP, whatever.
    When we valuate MXN, we get the field Hard Currency updated, because the MXN value does not change.
    When we valuate USD, we get an entry for the MXN value, because in that case the USD value does not change.
    Either way you will always have only one value, because you keep one currency stable, and re-calculate the new value of the other based on changes in the exchange rate.
    Hope this helps,
    Kind regards,
    Rudolf

  • Foreign Currency Valuation for G/L Balances

    Dear all,
    Iu2019m facing the following problem.
    Iu2019ve to execute the Foreign Currency Valuation (T-CODE: FAGL_FC_VAL) for the G/L Balances.
    I have two items:
    Item 1
    Currency: USD
    G/L Account: A483000006  
    New Difference after valuation: -100u20AC
    Item 2
    Currency: USD
    G/L Account: A483000006  
    New Difference after valuation: -120u20AC
    The result is : 1 postings with 4 items
    A483000006  -100u20AC
    Value Loss       100u20AC
    A483000006  -120u20AC
    Value Loss       120u20AC
    The problem is that I would that the foreign valuation posting for G/L Balances should be done for the Cumulative balance of the G/L Accounts (for the same currency) and not for every items (like for open items):
    A483000006  -220u20AC
    Value Loss      220u20AC
    Is it possible to modify the behaviour of the program?
    Thanks in advance
    Alberto

    Hi,
    Please check your valuation method settings, it has a option to do posting based on balance and disable/unselect post per line item.
    Table V_FAGL_T044A
    Regards
    K.R

  • 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

  • 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

  • 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:
    1)  5100004579/2008, for a total of  0 euros, and 240,483.17 MXN. Credit to account 11081108 Finavigate cash receipt bank collect.CMG MXN.Debit to account 18601000 Losses f.foreign curr.valuation on financial trans
    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.

  • Error while running foreign currency valuation program FAGL_FC_VAL

    Hi
    this is regarding foreign currency valuation in ECC6.0 with EHP4
    i have done the revevent setting in spro and while execturing TC FAGL_FC_VAL agetting following error:-
    Incorrect account determination: 1000 10 200010
    Message no. FR257
    in customization, i have assigned P&L and balance sheet account against above GL (OBA1 -> KDF).
    any idea where i am wrong. Please reply.
    regards
    DD

    Hello Devi,
    This account managing with open item? Can you check G/L account master data?
    If yes,
    You should check your customizing OBA1 -> KDF. I think you filled currency and currency type on OBA1-KDF. If you don't have different P&L ve balance sheet adjustment account for each currency and currency type, you can pass initial for this field. ıf you use different balance sheet adj. account or P&L account for each item, you must assign write criteria.
    For example your company code currency is USD and you have a customer reconcilation account which has EUR currency, you should assign EUR currency for this account on OBA1-KDF. Please check in FS00 for this account, exchange rate difference key must be empty if this account managing with open item.
    Regards,
    Burak

  • SD invoice can't be reversed due to foreign currency valuation

    Hi,
    I have an invoice which relates to an Sales order,it was posted in several months again(cross monthly closing). Now I want to reverse this invoice,but the system can't cancel the relevant FI document due to we have done the foreign currency evaluation at last month end.
    The error message as:
    ===========================================================================
    Reversal of document 0220v1 1100004518v2 2009v3 not possible in FI
    Message no. F5A005
    Diagnosis
    Item &v4 in accounting document 0220  1100004518 2009
    was valuated with an open item foreign currency valuation.
    System Response
    Document cannot be reversed.
    ===========================================================================
    How can I accomplish this job?
    Any input is appreciated.
    Thanks,
    Don

    Hi Mike,
    Reset the Foreign currency valuation run? I am not sure about your suggestion. Does it means that I just key in the "reversal posting date" and "reverse post.peried" and don't key in "Document date","Posting date" and "Posting period",it is right?  And then how to check the document being reset or not? (Just check if there have the document or not,when test run.)
    Or I need to select a reset valuation method?
    Thanks,
    Don

  • 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

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