Foreign Currency

Hi guru's
Pls give suggestion
I posted foreign Currency Invoice 100 Eur 50
At the time of payment this parital Payment 50 EUR 52
How it is possible .
when i try system is not showing foreign Currency Differnce
system showing
vendor 50* 52
Bank of india 50 * 52
pls suugest my client is asking
very important

Hi Prakash,
We need to understand the foriegn exchange valuation. The Valuation is a periodic activity. We have to run customised or SAP standard programme (T Code F.05) for valuation. You can valuate all the open items (not closed), but don't forget to post them after valustion otherwise the difference will not be visible. Beginnig of the next month the posting should be reversed as the difference is not yet realised.
Hope this clears you doubt.
Regards
Bharat

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Hi Anil,
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I'm trying to import FA which have been entered in foreign Currency (EUR & USD).
1 - Is it possible to do it ?
2 - If Yes, how could we do it ?

Jean-Jacques,
The forum you have posted your question in is for questions related to the SAP Business One SDK. Your questions seems application related to the Fixed Assets module.
While you may receive an answer here, you may be better and faster served by posting your question in the SAP Business One Discussion Forum at ...
SAP Business One Application
... or opening a message with SAP Support.
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Is it possible to Ensures that no exchange rate differences are posted by the payment
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Best regards
marco

Dear PAtel,
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Hi SAP Guru's,
My company code currency is "SEK" , and i am posting in FB60 currency is USD then i was Run app It is Showing like this Error
Job started
Step 001 started (program SAPF110S, variant &0000000021747, user ID BREDDY)
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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
House Bank           Payment Method         Currency      Account ID     Bank Sub account
1000                             I                               SEK             SEK1               200101
1000                             I                               USD             SEK1               200101
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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Dear Experts,
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Hi!
I belive its not there in Purchase\Sales Analysis Reports. You need to build a Customized report for that.

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Hi there
I have a question about
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Currently, we are converting this into AUD and entering this as the standard cost.
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Hi,
my solutioning would be
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Read the data from LFC1 Table and use Function module to convert into foreign currency FM - CONVERT_TO_FOREIGN_CURRENCY
Reward Points if it is helpful
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Hi all.
Please advice, how can we display LC3 in open item clearing transactions (like F-03)?
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Hi Philip,
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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
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vamsi

Hi Vamsi,
Just check whether in Company Code 6000 you have activated Delta Logic. If it is activated, then whether for the Company Code 6000, you have posted the document as Year end Closing Valuation. If it is year end valuation, then the System will not reverse the Foreign Currency Revaluation documents.
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I have executed FAL_FC_VAL - Foreign Currency Revaluation Program. System posted some accounting entry for the same. However, I want to know how system calculated and for which invoices it calculated.
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Hello Ms Meena,
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Message was edited by:
        Mazhar Hussain

Hi
Header exchange rate picked up at time of PO creation with reference to document date in header.
If you fix exchange rate then it will be same for all items in purchase order.
In your case if exchange rate is different then check whether you have done goods receipt in two lots (say 8 items first and then 2 items) with different posting dates. Check accounting documents generated and in that document check translation dates for checking exchange rate in OB08 transaction.
And in invoice what is the currency you are using - if you do not use any special currency (foreign) then PO currency will be picked up. If exchange rate fixed indicator is not there in PO - depending upon system baseline date (posting date) exchange rate will be coming.
Thanks

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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.
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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.
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Murlidhar Khatri

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As one of my user has created Export Excise Invoice on 31st of May. Unfortunately Exchange Rate was not maintained by him for currency Euro in OB08 and While creating the Excise Invoice all the duties came in EURO but the document currency is INR. Please find below screen shot.
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Regards:
Abhishek

Hi,
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Please provide me with your inputs on product types to be used for foreign currency loan borrowed with multiple repayments schedule
For Ex:
I took foreign currency loan on 1st July 2013 - 10000$ @ 1% interest.
Now I need to make payment of 2500$ after every six months.
Like 2500$ on 1st January 2014
Another 2500$ on 1st July 2014
Third installment 2500$ on 1st January 2015
Final part 2500$ on 1st July 2015.
How do i map above scenario?. Is there some separate product type for such scenario. At present, I am using product type 55A which has one end term.
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Deepak

Hi Deepak,
this is quite straightforward - you can use e.g. Product type 55A (Product category - 550 - Interest rate instrument) and in a tab 'Structure' in a field group 'Repayment structure' choose '2 - Installment repayment' and specify an installment amount (in your case 2500$) and also frequency of the installment repayment (like 6 months in your case).
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Kind regards,
Renatas

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

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