FX gain/loss on input of FX rates

Dear All
Pl explain me regarding this issue
"SAP should calculate FX gain/loss on input of FX rates. This should be enabled for multiple currency scenario."
Regards,
KSP

Hi,
Did not get you fully please correct me if I got it wrong.
You are looking for Foreign Currency valuation.
Then first you have to maintain the Valutaion method in OB59.
Then assign GL in OBA1 for KDF.
You have to maintain Exchange rate in OB08.
Then when ever there is the difference in Exchange Rate system will post to this Gain or Loss Account.

Similar Messages

Unrealized Gain/loss from exchange rate

Hi all,
Please i need help , exchange rate fixed is checked in PO ,at the point of MIGO system use exchange rate in PO.When i check Accounting document in MIGO system Debit Stock account and Credit GR/IR account using exchange rate in PO ,but the difference of exchange rate in PO and system exchange rate, Debit Price diff. clearing account and Credit unrealized Gain/loss from exchange rate account ,I need to know if the posting is correct.Thanks. The Accounting Document was displayed as follows:
Stock account was Debited
GR/IR account was Credited
Price difference clearing account was Credited
Unrealized Gain/loss from exchange rate account was Debited

Yes the account postings are correct if you are using a Std price control on the material master.

FI Forex gain loss & Exchange Rate difference on Foreign Currency & Chart of Accounts

Dear All,
I have queries on following :
1) what is difference b/w Forex gain loss account & Exchange Rate difference on Foreign Currency account .
2) Under which Heads in Balance sheet they should come as per Indian Accounting Standards.
3) Are these accounts common for Vendor & customers or different.
4) they record FI data at Company code level or at sub-ledger level first (Vendor /Customer) .
4) Is it advised to use same Chart of Accounts to two companies in same country by using different GL's with different FSV?
Regards
MJ

Hi M J,
Please note the answers below:-
1. It is one and the same thing. When you say forex gain/loss account, it means a GL account and exchnage rate difference means, the difference in rates at which you purchased/sold and the rate at which you made paid/collected.
2. Ask Client where they want to show these GL's in Financial statement Version.
3. The configuration setting is in OB09 and SAP allows you to keep same or diff GL for both realised Exchnage rate gain/loss. It depends on how you want to see. technically it is possible.
4. The Valuation is done at company code level, but individual records are picked up at vendor/customer level. It means that the revaluation gain/loss adjustment is not given to each individual Vendor/Customer, rather it is posted to a GL - Balance Sheet adj.
5. Yes, you can use same chart of accounts and you do not need to create separate GL's at the company code level for two company codes. Same GL's can be used as the posting is made at Co. code level.
Regards,
Kavita
Note : Please raise separate thread for different questions. Your Point No. 5 is not related to the rest.

How to post gain/loss on exchange rate from Money Market

Dear Sap Expert,
     I need your kindly help about posting gain/loss in Treasury with money market type.
     My scenario use the product type 55A - Interest rate instrument and transaciton type = 200 borrowing in Foreign currency transaction as the transaction as belows,
Date                   Flow Type     Name                       Amouunt      currency     Exchange rate         Amt.Local currency
19.10.2011         1105             Borrowing               10,000            USD               30.00                       300,000
30.10.2011         1120             Final repayment       10,000            USD               30.00                      300,000
    For the normally the system generate current exchange rate from the configuration .After that I try to change the Exchange rate manually in Flow type 1120 from 30.00 to be 31.00 then the Amt.in Local currency changed to be 310,000 and the flow type gain/loss from exchange rate does not generate ( In Loan Management I can do it)
    On 19.10.2011 I use t-code TBB1 to post the borrowing transaction (1105)
    On 30.10.2011 I use T-code TBB1 to post the Payment transaction but the gain/loss account does not happen.
    For my question Can the system post document for flow tpe 1120 (on 30.10.2011) with exchange rate realized gain/Loss automatically? or how should I do to make it correctly.
Thank you very much for your suggestion.
PK

Hi,
your customizing for Derived Business Transactions requires DBT_B flows in your PMP in order to post realized gains/losses.
Regards,
Lorenz

Exchange rate gain /loss is not posted in the contract

Hi Sap People,
Exchange rate gain /loss is not posted in the contract(cashflows). This is w.r.t SAP Banking Module.
The open items are posted with a certain exchange rate in the contract at the time of disburesment,while clearing thru FF68(incoming payment) with a new exchange rate the items
are cleared with the same exchange rate and the Exchange gain/loss is posted as zero.
Regards
Ravi

Hi,
Check the exchange rate type for the disbursement. It is M for FF68. Check in configuration the exchange rate type. Also check the exchange rates maintained in OB08 for this exchange rate type and confirm if there is any difference.
Is it Loans module?
Regards,
Ravishankar

Exchange rate gain/loss during F-28

Hi
we have following secnario:-
1. company code A with local currency AED and group currency USD
2. company code B with local currency USD and group currency USD
now invoice posted in both comapnies and accordingly payment received as follows:-
1. Company code A (local currency is AEd) - invoice posted in local currency but payment received in USD
2. comapny code B (local currency is USD) - invoice posted in local currency but payment received in AED
system behaviour:-
1. comapny code A for which local currency is AED but payment received in USD - system post exchange rate gain/ loss
2. company code B for which local currency is USD but payment received in AED - system doesn't post exchang
I am not able to understand this behaviour as system configuration is same (as COA is same for both company) for both company and accordingly rate is maintained in OB08.
please share your viewpoint on this.
Regards
DD

Hi Kiron
Thanks for response and link.
But the information given in the link is not my case. in my case system dertermine the correct GL but the problem is its happening in one company code but not in other.
for both company code setting is same for OBY6, OBXL and tolerence limit.
Please revert
Regards
DD

Exchange Rate Gain/Loss of Incoming Payment

We are using the SAP BO 2005 A. The system could not post the exchange rate gain/loss transactions correctly. Explain the problem faced in below.
The local currency is in Euro.
The BP currency is in USD.
The invoice is created in USD 1000 with,say, exchange rate 0.64.
The incoming payment is received in USD with, say, excgange rate 0.66.
If the incoming payment is received in USD 1000, then, the system will post the transaction with excgange rate gain in local currency correctly as below:
Dr. Cash 660
Cr A/R 640
Cr Exchange Gain 20
But if the incoming payment is first received partially, say USD 500. Then, the system will not calculate any exchange gain. The transaction will be like:
Dr. Cash 330
Cr. A/R 330
In the next(i.e. the final) USD500 incoming payment receipt, the system also will not post any exchange rate gain. The 2nd transaction will be still like:
Dr. Cash 330
Cr. A/R 330
Could this a bug in the 2005 A?
Could this bug be solved by any patch of 2005A or in 2007A?
Is there any work around solution for this?
Thank you all in advance.
Jack Lin

Hi Jack,
enabling partial reconciliation is one of the major enhancements in version 2007 A & B. It works in all localisations.
You will find a lot of info on the 2007 landing page here:
Channel Partner Portal -> Solutions -> SAP Business One -> Hot Topics -> 2007 Landing Page
On that landing page you will find:
"New Single Reconciliation Engine
A single engine reconciles the difference and eliminates the previous reconciliation issue. More "
-> Click on 'More' & be redirected to the reconciliation landing page.
All the best,
Kerstin

Additional line item for Exchange rate gain / loss

HI,
We ahve three currency as Main currency (INR), group currency (INR) and Hard currency (USD).
When we pay to vendor or received from customer, system generate additional line item for Exchange rate gain / loss with Rs. Zero . But transaction is in INR. But it has value in USD as USD 0.01.
Please suggest.
Regards,
Harshal

Hi,
I got your point.
Its a standard behaviour as part of parerral valuation with addtional local currency.
Please make sure that the below are set in your system.
1) in OB22, for your company code, for the HARD CURRENCY--The source curr must be Translation taking first local currency as a basis
2) For every foriegn currency you use, you maintain the exch rates in OB08 with Foriegn Currency 2 Local Currency combination always. And at the same time make sure that there is no opposite combination rates for the same.
(Like 1 USD = 50 INR...1 GBP = 80 INR....1 EUR = 60 INR only)
These may avoid most of the cases where 0.00 LC value lines during clearing.
Regards
Srinu

Settings for exchange rate gain/loss

In our config, for exchange rate gain /loss between ex rate in bill of lading and ex rate of actual payment , system passes two entries at the time of clearing advance and invoice in f-44. One entry is for gain and other for loss , net effect of the entries is either gain or loss . We wish to change the settings so that syatem shall pass only one entry be it gain or loss. How to achieve this??

Dear,
in my opinion the issue You're facing is due to the split activation for exchange rate.
Usually due to different account assignment in open item, the exchange
rate difference items are split. Check the table V_FAGL_SPLIT_FL2.
I hope this helps.
Mauri

Exchange Rate Gain Loss Error

Dear Experts,
I am stuck in a very serious problem
In import purchase Order for raw material we have configured a condition for import duty.
Now in current scenario the import duty has been invoiced before goods receipt there is a minor difference in amount invoiced and amount entered in purchase order.When the receipt is posted for this purchase order an abnormally high amount is posted into exchange rate difference account which is charged to material.
This makes the moving price of material very high.
The currency for purchase order is Dollars. We have maintained a conversion in FI table and purchase order as well.
Please suggest as to what is causing this abnormally high amount to be posted in exchange rate difference account.
Regards,
Sohaib

It is a condition defined in Purchasing all the as Import Duty and calculation type is Fixed Amount.
This condition is used in import purchase order (PO currency USD). The invoice for this condition is posted in local currency which is PKR.
When Goods Receipt (105) is posted for this purchase order system doesnot convert the amount invoiced into equivalent PKR according to exchage rate specified in OB08. All amount in PKR is taken into USD with exchange rate equivalent to 1 and gain loss from this conversion is charged to material. e.g 314079 PKR is posted as 314079 USD and Gain/Loss which amounts to 27 million is charged to material. This makes MAP of material equivalent to 20000 PKR rather than 4000 PKR.

Material Re Valuation Gain /Loss

Hi Experts,
I am doing MIRO but why Material Re valuation Gain /Loss (4123022) line item will generated ?
I had check PO Qyt & GR Qty, Rate also.
I am unable to understand ?
MIRO Enter
2042020        P DYN                                                    27,930.00-
2042160        GR/IR Consumables & Others                13,790.00
2081395        WED.ROD DIETUF 101 - 5 MM                1,210.00
2042160        GR/IR Consumables & Others                10,838.50
2081395        WED.ROD VALMET 506 - 4MM              700.58
4123022        Material Re valuation Gain /Loss             60.92
2085128        INPUT VAT 5% (PURCHASE)                  750.00
2085128        INPUT VAT 5% (PURCHASE)                  580.00
Please suggest .
Regards,
Jemes

Hi,
Check following...
1. Rate for every items in PO and Invoce are same including tax.
2. Total of the above items = amount entered into the header.
Moreover, if there is a difference then it will hit the Price Difference account which wrongly mapped as Material reval. gain/loss account. check this setting for key PRD using transaction OBYC
Regards,
Chintan Joshi

A/R and A/P invoices and credit memo realized currency gain/loss report

Hi,
We need some help in getting a report from SBO.
We would like to analyze their realized currency gain and loss account. We are lookiing into a report that shows the individual invoice/ credit memo foreign and local currency amount against the incoming / outgoing payment foreign and local currency amount.
Sometimes we would do direct offset invoices in the incoming / outgoing payment, and sometimes it would be thru internal reconciliation. We have look thru the tables for the past 2 days but could not find any link between the invoices and payments especially so when reconciliation is performed.
Can this report be done either in XL Reporter or in SQL? If yes, which tables are these information store?
Thanks.
Regards,
Whay Peng

Hi Jimmy,
There is no need to run the exchange rate differences, when invoices that was offset during the incoming and outgoing payment. The realized currency gain/ loss account will be generated when the incoming and outgoing payment is made.
During reconcilation, yes we did run the exhange rate differences to get the realized currency gain / loss.
Could it be the two tables that you mentioned are storing information on the unrealised currency rate differences? We did not run exchange rates differences to provide for any unrealized gain/loss for the period, therefore the tables on our end is empty.
Regards,
Whay Peng

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 .
Regards
suresh

Incorrect value of Auto.Gain/Loss Forex during GRIR 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 .
Regards
suresh

Foreign Currency exchange gain & loss

Dear expert,
I have a problem here, need help.
I have made the setting for foreign exchange gain/loss in OB09 and start to use f-28 for incoming payment.
When run the simulation, it gives me 2 lines of exchange gain/loss calculation. 1st line with amount zero (local currency) and 2nd line with the gain/loss amount.
I wonder why I have 2 lines of exchange gain/loss calculation?
Did I did something wrong or miss some specific setting?
Thanks in advance. will assign points

Hi Louis,
Please note the example below and you will understand why two line items are created:
Local currency - USD; foreign currency - GBP
Vendor invoice in foreign currency - 100GBP - Jan (Exchange rate: I GBP=2 USD)
Feb - You valuated the open item (Exchange rate: 1 GBP = 3 USD) with update principle
Entry: Unrealised exchange rate Debit 100 USD
          To Special balance sheet account Credit 100 USD
Payment made in march where the exchange rate is 1 GBP = 3.5 USD
Entry will be:
Vendor debit                               200 USD
Balance sheet account debit        100 USD
Realised exchange rate loss debit 50 USD
To bank                                       350 USD
Are you getting the above entry? If so, then the above scenario will explain your predicament.
Cheers!
Rajesh

FX gain/loss on input of FX rates

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