Imported PO exchange rate - commitment amount reduction on GR

Hello Experts,
I have created imported PO with account assignment to WBS element and changed the foreign exchange rate (FER) to 50. Since the unit rate was $100 (Foreign Currency) and Qty. was 2 nos., system had increased commitment value by value 10000.
Current FER is 40, which is maintained in currency table.
When GR is taken for Qty.1, system has reduced commitment value by 4000. Hence, system now shows the balance commitment value is equal to 6000. (report S_ALR_87013558)
Ideally, commitment value should have been 5000 only.
Hence, commitment values always shows incorrect picture. Please suggest...how to overcome this problem....
Note: We donot want fixed exchange rate as we want MIGO and MIRO to happen at current rate (not with FE rate maintained at PO).
Regards,
Abhishek

Thanks for your advice Mr. Atif,
My client needs to be changed ER in MIRO level also, same value needs to be paid to vendor. When ever will go to f-53, if will process the open item, it is not matching to actually liability created values.
In this case how to proceed further.
Thanks and Regards

Similar Messages

Exchange rate fluctuatuion amount is not generated in F-28

Hi Gurus,
              when making partial payment from foreign customer in F-28, the Exchange rate fluctuation amount is not generated. But when making full payment from the foreign customer, exchange rate Fluctuation amount is generated.
For eg: At the time of billing the document, the amount is 1050 USD @ 46.4500
            Now there are paying a partial amount of 1000 USD @ 46.3000
            Now the difference amount between 46.45 & 46.30 has to generated at time of payment.
            But its not happening.
Can anyone help me to find a solution.

Hi Satish,
While making Partial Payments also you can post forex gain/Loss but for that a little configuration is required. The IMG path is :-
Financial Accounting Global Settings (New)>Global parameters for Company code>Currencies>Indicate Currency Differences for partial payments.
Here against the document type, which you are using for making partial payments you have to tick that doc type and then the Forex gain/Loss gets posted even on partial payments.
Regards,
SAPFICO

Exchange rate diff amount posted to AUC asset

Hello All,
I am stuck with one issue and looking for some help
We are creating purchase order with account assignment as projects and then doing MIGO & MIRO and then settling through CJ88 to AUC asset.
The issue is related to exchange rate difference amount posted to AUC asset.
MIGO and MIRO are done on different dates and the difference amount in exchange rate posted to GL account maintained in KDM.
Now, when i settle the WBS element through CJ88 the AUC asset is posted with amount including the exchange rate difference amount.
Business do not want the exchange rate amount added to the AUC asset.
please confirm is this the system standard behavior .
Your inputs appreciated.
Thanks
Shashi

Hi Shashi,
As per Accounting Standards, the asset must be valued on the exchange rate on the date which risk and reward is transferred from seller to buyer.
For example If the vendor despatch the assets on 01.03.2014 at his place and contract is Exworks then the asset must be valued on exchange rate on 01.03.2014. Lets assume exchange rate on that day is 1USD=60INR. The price is 100 USD. You receive the assets on 10.03.2014 and exchage rate on that day is 55 INR. Now if you make GR on 10.03.2014 Asset value will be 5500 INR whereas as per AS it should be 6000 INR. That is why when you do MIRO the differnce between 6000 and 5500 is posted to asset.
When you do MIRO you must enter currency(USD) in Basic data tab and exchange rate 60 in details tab.
What happens in your system is standard behavior of SAP as well as correct process as per Accounting Standards.
Hope it is clear.
Regards,
G.Sethuraman

Import Procurement: Exchange rate:

Dear Experts <
Pls tell me what is the role of exchange rate while making an imported procurement:
1.Ex rate in PO: The PO is made in INR , item price is put in USD , the system calculates the other duties n taxes in INR based on the exchange rate prevailing in the system at the time og saving the PO .
eg. Basic Price USD 100,
system ex rate at the time of PO :45 hence basic price in INR 4500/-
tax ( say CVD) @ 10 % is INR 450/-
2.Bill of entry is done at the exchange rate prevailing at the time of unloading the goods at the custom house.
Basic Price USD 100
Ex Rate considered by customs : 50
Material price 100x50 =5000
cvd @ 10%= 500/- . Thiws is the duty paid to the customs (NOT Rs 450/- as in PO) & hence this
amount is MANUALLY booked in MIRO as planned delivery cost.
3. Goods Receipt: GR is made against the PO with ref to the customs MIRO:
     Here the cost of goods is taken from PO ie Rs 4500/- & tax as Rs 500/-
4. Payment to the import Vendor : MIRO is done in USD.
    Goods Cost : 100 USD
    Ex Rate in the system at the time of making this MIRO : 55/-
    The system in this case debits the cost of goods in INR by a difference of 55-45 ie INR 1000/-
I am confused as in what should be the exchange rate in what document & what is the actual material cost in INR .
Pls give ur opinions.
Regards
Anis

Hi
system unless entered manually during ME21N or during MIRO takes the value of Exchange rate fromthe reference table OB08 only no where else. You may try all combinations during your PO creation it will refer the OB08 rate only since we can not enter the exchage rate during MIGO.
Similarly it will refer the OB08 table for the exchange rate of the day if the table is updated regularly on a day to day basis.
Regards

Exchange rate difference amount need to be posted to venmdor

Hi
We have created import PO with exchange rate 76.35 then we have did MIRO with exchange rate 78
Liability created was with 78 value while making the payment with f-53 we are getting the value which is created with 76.35.
While making the payment client want make the payment based on exchange rate 78 based on the liability created not based on the PO created.
The difference amount is going to exchange rate fluctuation account.
Please can any body tell me how to post this difference amount also paying to the vendor with f-53.
Thanks in advance
kareem

Thanks for your advice Mr. Atif,
My client needs to be changed ER in MIRO level also, same value needs to be paid to vendor. When ever will go to f-53, if will process the open item, it is not matching to actually liability created values.
In this case how to proceed further.
Thanks and Regards

In import PO, Exchange rate is not picking from PO

Hi All
In import PO, while doing Miro(Customs) and Migo, the system not taking PO exchange rate But it is taking Table Exchange rate.
is there any thing to be done?
Regards
manju

hi
in po header delivery/invoice tab tick exchange rate fix indicator
if u dont tick it system will pick the exchange rate what u maintain in OB08
regards
KI

Import cycle-exchange rate/local currency

Dear Gurus,
In Import cycle,we have followed following cycle.
1) Created PO.
2) Released the PO.
3) Now we have done MIGO.
NB: We have maintained exchange rate USD in the PO.exchange rate in PO is 148(local currency) = 1 USD.
In OB08 we have exchange rate as 130(local currency)=1USD.
In PO we have maintained Clearing Agent and Custom duty payment but when doing MIRO for clearing agent and Custom duty values are picked from OB08 ie 130(local currency)=1USD.
My Client wants the value in MIRO for Clearing Agent and Custom duty be picked from PO and also it should be in local currency.
What are setting to be done for the above cycle,please guide me with your valuable inputs.
Regards
Ram
Edited by: RAMKUMAR WARIYAR on Jun 9, 2009 10:50 PM

Hi
During MIRO you can input the value of invoice in Local currency and select the local currency in the field currency. Also if you have maintained individual condition types for the clearing charges and customs duty, then you can attach the vendor code of the clearing agent and customs duty for these condition types. Anyhow, the currency in those vendor codes will be local currency only and hence you can post in local currency.
Regards,
Lakshmanan Krishnan

Importing Foreign Exchange Rates Automatically

Hi,
Is it possible to automatically import exchange rates in SAP Business One on a predefined schedule ?

Hello,
you could do that by using UI/DI addon. It is better use it since there is no standard feature to do that in SAP B1
Rgds,

MIRO - Import PO exchange rate amount is booked in wrong Account

Hi expert,
In case of Import PO while doing MIRO , Ex. difference should be loaded to Material or consumption as per the stock level. Some where it is loaded & some where it is heat the cost in Ex. diff unrealized
Client requirement is should always be go to Consumption / Material Account
Please tell me how to solve this probem.
thanks
gkumar

Hi,
If yur import PO is created without ACCOUNT ASSIGNMENT CATEGORY, then it will post the exch diff to material accounts only.
In case of POs with ACCOUNT ASSIGNMENT CATEGORY (either F/K), then it will post to the EXP GL of your PO line item only.
Regards,
Srinu

Set exchange rate and amount in Second Local Currency 2 .

Hello.
We want to set BKPF-KURS2 and BSEG-DMBE2 when posting AP by MIRO .
We tried Financial document substitution(Complete Document), but it does not work when using MIRO.
Does anyone have the solution to this problem ?
Our component is ECC 6.0
Thanks,

Have you solved this problem??

Exchange rate import / Export

Hi Experts,
how we can export or import exchange rate from the "Exchange rates and Indexes" screen ?
what is the purpose of that Auto Export and Auto Import button too ?
Regards,
Sanju

Hi
Check this Help Page that explains, Automatic Export and Import of Exchange Rates and Indexes
http://help.sap.com/saphelp_sbo2005asp1/helpdata/en/80/2d0911952840ba937b22802bc63c6d/content.htm
ALso
Please check this thread:
Import Exchange rate table from bank
Giri
Edited by: Giri dharan on Dec 22, 2009 2:32 PM

Importing Exchange Rates into Business One Automatically

Good Morning all,
How can I automatically import the exchange rate tables to Business One?
There is one stub called 'Auto Import' in Exchange Rate and Indexes table. Is it the one to import from external file? If yes, please explain how to do the same?
Thanks in advance.
Regards,
Balaji

Please check this thread:
Import Exchange rate table from bank
Thanks,
Gordon

Is it possible to change the exchange rate after completion of miro documen

Dear sap guru's,
Please suggest me user can raise an po with account assignment cateagory (asset) ie AUC Asset. at the time they are giving exchange rate is 39.41. after doing migo he setteled the AUC asset to Main asset.
Month ending he is doing MIRO At this time System is caputuring the exchange rate as 39.58. so the differnce amount is comes under AUC Asset.Already the AUC Asset is setteled but exchange rate difference amount is showing in asset. how do i resolved this one Kindly suggest me this is an urgent issue.
Regards,
Kumar.

Hi Kumar,
There are two solutions,
1. At the time of MIRO, you can give the exchange rate in the details tab screen which can be an exchanged rate which was used at the time of capitalisation. Hence, there will not be any differences between capitalised value and MIRO value.
2. You can post the difference in the AuC asset and again you can distribute it to an expenditure or an assets based on business process / decision.
Hope it clears your doubt.
Regards
A.Saravanan.

Exchange rate diffarence

hi,
while iam making vendor full payment(f-53) iam getting foreign currency gain and loss. but if i do partial payment to vendor iam not getting foriegn currency gain and loss.could u give any idea to resolve this issue.
Nagaraju

hi harish,
could u help in this issue,previous i disscussed with u regarding exchange rate diffarence while doing partial payment,while doing bank loan partial payment accounts(f-07) iam not getting exchange rate diffarence amount,if i do full payment i will get the exchange rate diffarence ammount.but if i do partial payment for vendor and customer it is working proferly.only this bank gl account iam not getting partial payment.this is very urgent issue could u help u inthis matter,
regards,
Nagaraju

Tax calculated on the exchange rate differiences and interests

Hi Sap Guru's, I have a question for you.
NOTE:... my FI knowledge is not very good
I have postings with the line exchange rate difference and strange is, if the tax on the normal posting is calculated, there is also calculated tax on the exchange rate difference amount. Our FI experts said that this is not correct and the tax shouldn't be calculated on such postings like interests or exchange rate differences...
Any tip, where I can check or set this?
BR
Saso

Hi Saso,
Have a look with FS00 if the account for exchange rate is tax relevant.
When you change this to not tax relevant please test it in Q system perhaps it blocks automatecly posting
Paul

Imported PO exchange rate - commitment amount reduction on GR

Similar Messages

Maybe you are looking for