Foreign Exchange Revaluation Programme ( F.05) is calculating duplicate

Hi experts,
We have an issue with F.05 . System Calculating Forex revaluation considering already valuated invoices ( Documents).
Eg: Vendor Invoice 1 - with Exchange Rate : 40 ; Valuation Day Exchange Rate : 45 ,.
First time F.05 , system considered Vendor Invoice 1 and posted correctly with 5 /- Exchange Rate Difference
After that we have entered Vendor Invoice 2 - with Exchage Rate : 42 ; Valuation Day Exchange Rate : 45
Now If you run F.05 , System Considering Vendor Invoice 1 as well as 2 and Posted 8 ( 5 from first Invoice and 3 from second Invoice) .
Customer requirement is system should pickup 2 nd Invoice only , to be posted 3 /- instead 8 /- since 5 /- already posted.
Do we required apply any correction notes , Please suggest .
Regards,
Venkat

Hi
I think logically its wrong. What system is doing is correct.
see when you are calculating frist time system differance for the first bill say its 5/- once you calculate its get reverse immidatete on next date. so there is no impact in your accou t from next day. again in next period when you are calculating the system taking both the bill into consideration and posting say 8 /-. so i feel its a correct way of calculating .
Jain

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Dear all,
We had implemented mySAP ERP ECC 5. We had maintained the configuration of FBKP for automatic posting for Exchange Rate Differences for Transaction KDF for the GR/IR Account.
But for revaluating the open line items of GR/IR through the T-Code of "FAGL_FC_VAL - Foreign Currency Valuation (New) ", and after giving the required characteristics of company code, Evaluation Key Date and valuation area and then in the tab of open items, we select the option of Valuate GR/IR Accounts.
Also, we had checked the GR/IR account open items as on the Evaluation Key date and we the said G/L contains the open items wherein the document currency is not equal to the local currency. Hence through this T-Code system should revaluate the GR/IR open line items.
But system is not revaluating the same.
Please suggest any other method to revaluate the GR/IR account open line items.
Regards
Dhirav Shah

Hi Dhirav,
You can use any of the following transaction codes to carry out your foreign currency valuation/posting
F-05 Post Foreign Currency Valuation
F.05 Foreign Currency Valuation
F.06 Foreign Currency Valuation:G/L Assts
F04N Vendor Foreign Currency Valuation
F05N Customer Foreign Currency Valuation
F06N Foreign Currency Val. (G/L Accounts)
FBB1 Post Foreign Currency Valn
FNSA Foreign currency valuation
GLBW Foreign Currency Valuation:G/L Assts
ABAW Balance sheet revaluation
I hope the above helps.
Do not forget to award the points please.
Regards,
Jacob

Reversal post for Foreign exchange revaluation

Hi All,
We are running FAGL_FC_VAL periodically.
Every month posting for Exchange differences is done with document Type u201CSFu201D (in valuation area u2013 we assigned valuation method u2013 for which we declared u201CSFu201D as doc. Type)
And at the same time, it is also posting a reversal entry on the first day of next month ( we are using check box u201CReverse postingu201D in FAGL_FC_VAL and giving the posting date )
But the document type for reversal entry is also taking as u201CSFu201D
In fact in Document type SF u2013 we maintained reversal doc. Type as u201CSRu201D in OBA7
Thanks,
Pavan.

Hi,
Thanks for your message.
But, we are facing problem to a particular company code and not to all.
For other company codes where we are using the same valuation area, it is taking the doucment type as "SR" for reversals.
Thanks,
Pavan.

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Hi Sap Gurus,
My Company code currency is u201CCADu201D and my Group Currency is u201CUSDu201D. I have maintained GR/IR clearing account as u201Conly balances in local currencyu201D
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2.) If it so, does the OBA1 setting overrides the u201COnly balance in currencyu201D in GL master ?
3.) As this is just a clearing transaction, Is it acceptable to book a FX loss on this transaction ? and that to it is just a reversal of an erroneous entry.

Hi Pavan,
You have maintained this account in OBA1 for KDF, that is why it is showing forex differences. The difference is in Group currency currency and not in your company code currency.
So, no problem.
Rgds
Murali. N

Regarding foreign currancy revaluation

Hi Gurus
This is regarding foreign exchange revaluation.
After using tcode f.05 that balance amount whether gain/loss
This will be affected profit and loss account gain/loss account
As well as balance sheet( they want to be affected two places 1. balance sheet ( A/R gain or Loss another A/P gain or loss) 2. Profit and loss
Balance sheet gain IF   A/R a/c1111110(gain)
                    A/R      a/c 1111112(loss)
                                   (Or)
                    IF   A/P 2222220(gain)
                           A/R 2222222(loss)
As well as profit and loss account
Gain 5555555f
Loss 5555550
Above like that how to configured
Please tell me hw and where to assign g/ls and
In Tcode OBA1 where I want to give assignment above gls
Regards
SS.

Hi Supriya,
You can use Transaction KDF on T-Cod OBA1. In this for each reconciliation account you have to define the GL setting as per e.g., shown below
Chart of Accounts    XYZ1
G/L Account           5210100 (AR / AP Reconciliation GL account)
Currency
Currency type
Exchange rate diff realized:
Loss                 2400002
Gain                 2400002
Valuation:
Val.loss 1           2400001
Val.gain 1           2400001
Bal.sheet adj.1      2400004
You can set different Valuation accounts for AR & AP reconciliation accounts.
Hope this helps
Cheers,
Som

Calculating foreign exchange

i have to compute for x= y * foreign exchange. I can compute this by using saved assumptions or variables. But i like to use the currency conversion feature of Hyperion Planning. Can anyone give me a step by step on how can i used this feature to be able to get the value of x.
Thanks,
Hanson

Hi,
These currency conversion rules run for all accounts whichever you set Currency as data type.
Accounts are converted using different types of rates depending on their account type. Expense accounts use monthly average rates, balance sheet accounts use period ending rates. You can customize these scripts if you like.
they are created as calc scripts in essbase. You can find the script under scripts node in aas then convert that into a business rule to make it run on specific members etc.
Cheers,
Alp

Report for foreign currency revaluation - FAGL_FC_VAL

Hello Experts,
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.
For this I want a report from SAP, for foreign currency revaluation. Please let me know the TCode for the report.
I can see some output on screen, showing calculation, during test run. But it does not get saved anywhere.
Please help

Hello Ms Meena,
You can achieve to have this if you are in ECC 6.0 by activating the Logs to be stored.
This can be done via FAGL_FC_VAL & go to the last tab as below.
Precondition : Make sure before user run the revaluation they click on both tick mark.
Click on Logs
give the date when they it is run & execute
Select the log
Here you can select your fields like vendor name/customer name/GL account Name.
I would strongly suggest to create a variant by yourself & save & then ask the user to change the date to revaluation everymonth.
Many thanks
PB

Incorrect value of Auto. Gain Loss Foreign Exchange during GR/IR clearing

Dear Experts,
We have activated the Material Ledger functionality.
The Document Currency of PO, GR, and IR are in Foreign Currency.
The postings are below:
Loc Currency 1 = USD
Loc Currency 3 = IDR
Doc currency = IDR
GR
Dr Material               52,980,975 Doc Curr/IDR          5,340.80 Loc Curr 1/USD
Cr AP u2013 GRIR              -75,000,000 Doc. Curr./IDR        -7,560.45 Loc Curr 1/USD
Dr Price Adjustment          22,019,025 Dor. Curr/IDR          2,219.65 Loc Curr 1/USD
IR
Dr AP u2013 GRIR          75,000,000 Doc. Curr./IDR          7,560.45 Loc Curr 1/USD
Cr AP-Vendor              -75,000,000 Doc. Curr./IDR        -7,537.73 Loc Curr 1/USD
Cr Forex AP- Current                               0 Doc. Curr./IDR             -22.72 Loc Curr 1/USD
GR/IR clearing
Loc Currency 1 = USD
Loc Currency 3 = IDR
Doc currency = USD
Dr AP u2013 GRIR          7,560.45 Doc Curr./USD      75,000,000 Loc. Curr. 3/IDR
Cr AP u2013 GRIR              -7,560.45 Doc Curr./USD      -75,000,000 Loc. Curr.3/IDR
Dr Forex AP- Current            0 Doc Curr./USD     1,360,469 Loc. Curr. 3/IDR
Cr   Forex AP- Current                 0 Doc Curr./USD     -1,360,469 Loc. Curr.3/IDR
The problem occured after GR/IR Clearing is performed. The system generated automatic Gain/Loss Foreign Exchange AP-Current with incorrect amount in Local Currency 3. That amount was not match with the delta exchange rate difference on the date of IR is performed and on the date of GR/IR Clearing is performed.
Can anyone inform me what is the probable cause of this incorrect Forex AP-Current calculation? What is the calculation basis that SAP system use to calculate this automatic Forex AP-Current?
Should you require any additional information, please let me know.
Thank you
Best regards,
Frans Sunarja

Hi
First once we have check the exchange rate types in OB08
second one you are no main the gain/loss a/c OB09 w are setting Loss/gain .
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suresh

Foreign Currency Revaluation

Dear Consultants,
We have maintain the Exchange rate in C and V for the customer and Vendor
respectively.
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 exchange gain and loss

Short Text
Foreign Exch Gain / Loss to be booked to a diffr cost center
Long Text
The transaction booked with the following parameters
Step 1:-Transaction booked trough FB60
Foreign currency CHF @ 40/ruppee
Expenses debited (1000-cost center)
Vendor Credited
Step 2:-Transaction paid through F-53
Foreign currency CHF @ 50/ruppee paid
Vendor Debited (Clearing the open item)
Bank outgoing account Credited
Foriegn exchange gain and loss Debited
In ECC 6.00 Version:- The open item clearing inherits the CO objects
from step one except for "Foreign exchange agin and loss line item"
Note:
1) In above scnerio, if foreign exchange gain and loss booked to some
other cost center other than Step one:- Cost Center (Expenses booked).
2) If the foreign exchange gain and loss line item booked to same cost
center as specified in Step one:- Cost Center (Expenses booked).The
below error does not occur.
3) The requirement is to book different cost center for the Foreign
exchange gain and loss line item.
The following error occurs during FB05 transaction execution for
transfering the line item in Bank outgoing account to Bank Main account.
Error Details occur during FB05 transaction execution:-
Start----
Ex.rate diff.accts are incomplete for account 0002500062 currency CHF
Message no. F5063
Diagnosis
The accounts for posting exchange rate differences could not be
determined. For the specified G/L account and the specified
currency
key, the accounts are only specified incompletely. Either the
accounts
for the implemented exchange rate difference, the accounts for the
valuation differences or the balance sheet adjustment account are
missing.
System Response
The system cannot generate the exchange rate difference posting.
Procedure
By pressing ENTER, you achieve that the document is reset to a
status
without automatic posting. In another window, you can complete
default
settings for exchange rate differences and post the document
afterwards.
END----
Configuration already in place:-
1) Bank outgoing and main account "ONLY BALANCE IN LOCAL CURRENCY" is a
ticked
2) In OBA1 Foreign exchange gain and loss and valuation gain and loss
GL's are defined for respective Reconciliation account.
Regards,
Sathya

Hi,
Is your problem solved, I am also facing the same issue when transffering from Incoming/Outgoing to Main Bank Account. Exchange gain/loss is being calculated by the system.
Please share with me the solution to the above problem.
Thanks & Regards,
Jyoti

Purchase Price Variance Foreign Exchange difference

How Purchase Price Variance Foreign Exchange difference is calculated for material consumed in product costing / material ledger

You need to go to net price at purchase order in local currency. With quantity you'll get the purchase order total price in local currency.
Get the standard price of material master record (which is in purchase order) on MM03 transaction on costing 2 view.
Purchase price variance is the difference between purchase price order and material standard price.
To get this difference in foreing currency, you´ll need to get document date of purchase order, get exchange rate at OB08 and find both prices in foreign currency; after that get same way the variance.
Hope that helps,

Purchase price variance-Foreign exchange

HI Experts,
as per my business process
PPV-fx means
The Foreign Exchange rate difference between the average exchange rate of the month that the invoice is booked and the standard company xxxxx exchange rate that company xxxxx applies for actual costing and where company xxxxx bases their hedge policy on.
for this month my ppv-fx is 30000
i want to know how this got calculated?
how can i see average exchange rate of the month for all the invoices and standard exchange rate for actual costing?

Hi
Acually the forex valuation at time one rate,
The system calcualtion rate at end month different rate,
so revauation for exchange rates,invoice dates and document dates.
any clarification call me+91 9962155061
Edited by: jyothi reddy on May 10, 2010 10:04 PM

Foreign Exchange accounting in TRM

Dear Experts,
To give you brief intro, i am a finance person and user of SAP Treasury module. my knowledge of the module is of user level and not of functional or technical level.
i need your help on my below query.
for foreign exchange trades (60A), what should be the right accounting practice thru TRM (1) at time of of entering into deal (2) at time of maturity of transaction and also at time of (3) pre mature or part settlement of the transactions.
currently, i do not post any entry at time of creating 60A/102 deal.
at time of maturity, i does cash settlement in deal, put the cancellation rate, date of cancellation in date box to generate gain / loss and post the same (only cash settlement entry) thru TBB1
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i know i have given bit lengthy details but i really wants to understand
1. is above practice of recording fx transaction is correct?
2. is there any better way to capture early deliveries?
3. in case of early delivery, is it right & necessary to replicate 102 deal details in 105 and 103?
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your valuable reply will be of great help to me.
Thanking you all in advance
Kapil

Hello Kapil,
Your questions has covered most of FX process.
I'll try to answer few of your question.
Answer 1) The process is correct, Its based on what your company required consultant has customized the system in that fashion, As you said there is not posting even during maturity of deals, that because in customization setting is missing for posting. Incase its required please consult you consultant to make the changes in system for Flow type-(here relevant for posting is unchecked).
Answer 2 & 3, I'm not sure why consultant has suggested to use such a lengthy process to settle early deliver deal, There might be some reason for the same. Please check,
But the same process can also be addressed, throught FTR_edit and settle the single deal through cash settlement.
Also note, 103 is only used for netting which means you are trying to settle couple of deal together and that can be excluded if you have only single deal.
Answer 4) TPM18 is used to do the valuation after the deal has been closed.Realized gains and losses are determined according to single valuation of transactions principle. This is calculated by taking the difference between the forward rate based on the conclusion of the contract and the posted rate on value date.
Let me know in case you need more information.
Regards,
Jaiin

JVA Foreign Currency Revaluation

Hi,
We are implementing SAP-JVA for our client with New GL Active (Document Split not active). We wish to do the Foreign Currency Revaluation in JVA instead of FI using T-Code GJ91 (JVA Open Item Foreign Currency Revaluation).
As I understand, for the Unrealized Foreign Gain/Loss posting, the Cost Object that should get posted for the said UXD Loss/Gain Account should be the Original Cost Object (WBS in our case) derived from the expense line item. Hence, the Cost Object may/will vary for each line-item in the Unrealized Foreign Gain/Loss account. But the system is not picking the expense line Original Cost Object (WBS) inspite of maintaining the configurations and assignments in GJ56 for Exchange Difference Account, GJBA for assigning the respective UXD Loss/Gain and Balance Sheet Adjustment Account. Instead, while executing the Foreign Revaluation for Open Items in JVA, the system gives an Error saying that Cost Object is required for the UXD Loss/Gain Account as it is a Cost Element. When we maintain the OKB9 Default Account Assignment (Cost Center) for the Unrealized Foreign Gain/Loss account, then the Error is not there but the Cost Object is the one maintained in OKB9. Ideally it should be the Cost Object of the expense line item.
However, if I create the Unrealized Exchange Loss/Gain Accounts without Cost Element (example 6210720-Loss and 6110820-Gain), and assign the respective settings in GJ56 with Cost Element GL (6210710-Loss and 6110810-Gain), I still cannot post the UXD since the Program picks T8JK-COSTS which has GL Accounts with Cost Element and thus requires a Cost Object. The Balance Sheet Adjustment Account is though picked from T030H-LKORR in all cases.
We have implemented the SAP Note 998431 to enable GJ91 posting in New GL. I can see many other SAP Notes on the related issue but am not sure on which is the aappropriate note to be applied, if any.
We wish to process GJ91, GJNO and GJ90 in JVA in respect to Foreign Currency Revaluation. We wish to get the postings to Original Cost Object for all Exchange Difference related postings. Kindly suggest and recommend the relevant procedure and appropriate guidance to get things working.
Kindly revert back if you need any further clarification or information.

Hi Amit Agarwal,
I have a situation now, very similar as yours.
We wish to get the postings from IVA to Original Cost Objects at JVA.
Now the system brings just one Cost Object for IVA and all the other lines are without cost object splliting.
We really need the split and we are with New GL.
Could you help us?
Thanks a lot for your help.
Dante Souza

F-44 - Foreign Exchange Issue

Hi All,
When I clear one invoice say 100 USD with payment of 100 USD in f-44, then exchange rate difference line item is getting created and the same is reflecting in FBL1N but when I make partial payment say 75 USD, exchange rate difference line item is getting created but the same is not reflecting in FBL1N.
Full Payment
100 USD Invoice ( @ 50 INR ) 5000
100 USD Payment ( @ 48 INR ) 4800
Exchange Gain A/c Rs. 200/- ( this line item is created in FBL1N and the same is posted in GL a/c )
Partial Payment
100 USD Payment ( @ 48 INR ) 4800
75 USD Invoice ( @ 50 INR ) 3750
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Just need to clarify if the above examples with posting are correct.
Thanks in advance....
Anish

Hi,
Foreign Exchange Gain or /Loss will be caliculated when there are cleared itemsu2026. So when you are making partial payment then the exchange rate gain or loss will not be calculated as no items are been cleared.
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Regards

Foreign Exchange Revaluation Programme ( F.05) is calculating duplicate

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