Incorrect foreign currency balance

Hi,
I have created an invoice in THB but paid in USD. When I view the account balances of MC BP, the LC and SC balances is zero but not FC which has the paid amount in USD. How can I set FC zero balance? I try to post a JE having FC only, but an ajdustment will propose in the FX difference calculations.
Regards,
Eric

Hi Eric,
since the BP is a multicurrency BP the FC is irrelevant, the account balance is held in LC. If you post another transaction in another FC, the sum will show '***' since currencies cannot be combined & summarised in a column.
If you absolutely must adjust the FC, you may do so by following the procedure in SAP Note [909074 |https://service.sap.com/sap/support/notes/909074]- How to create a manual journal entry with just SC or FC to create an FC only journal entry.
You might find SAP Note Note [1163017 |https://service.sap.com/sap/support/notes/1163017]- How to reconcile a FC only JE for MC BP? helpful as well.
All the best,
Kerstin

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Any tables for each vendor/customer to check foreign currency balance?

Hi all,
Does SAP provide any tables to check foreign currency balance for each vendor/customer?
I have searched some websites, have not found any good solutions yet?
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Tony
Moderator: Please, search SDN

Hi ,
please use the report tcode S_ALR_87012172 . Kindly award points if the answer was helpful.
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Amir

Hello,
Go to transaction code SAP1 to see all the availabel reports.
Alternatively you can see the reports of customer in transaction code F.99 (Customers) F.98 (Vendors) F.97 (GL Accounts)
Alternatively, to
SE16
Table TSTCT
Language EN
Transaction code: S_ALR*
Number of entries: 9999999
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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.
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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).
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Incorrect Foreign Currency Calculation

GoodDay,
Can anyone provide some guidence on the cause of the follwoign problem.
Local Currency (LC) - TTD
Foreign Currency (FC) USD
Money will been taken out of our CItibank Acount creating a credit to the account 10600 Citi NY USD REAL. On the day the acocunt is credited in Foreign Currency the equivalent in Local Currency is calucated based on the rate entered on that day in the rate table.
When the money is re-entered into the account, in Foreign Currency on another day, the local currency equivalent is also calcualated based on the rate entered on that day from the rate table.
The differerence due to the exchange rate is stored in our 50140 Gain on Forex Transaction G/L Account.
The problem is the calcualtion from the foreign to local currency when the money has returned to the account is incorrect even though the rate is correct in the rate table.
The exchange rate the day the money came back into the account is 6.34585. However the system appears to have calculated it 63.5485
Therefore, Foreign Currency Amount US 85,270,000.00 equates to Local Currency TT 5,411,106,295.00
I am of the belief it is a data issue as logically the system cannot choose which calculation to do correclty and which one not to.
Thanks
Niketa

Hi,
currency conversion always happens based on a exchange rate given for a conversion factor (eg 1 unit 'from' currency is converted to 1 unit 'to' currency).
Check this conversion factors in t-code OBBS for the exchange rate type + rate you have entered.
Maybe conversion factor is maintained like TTD to USD is 1:1 whereas USD to TTD is 1:10.
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Dear Experts,
Right now in the Purchase Analysis Report, I can only see Local Currency and System Currency balances. How can I see Foreign Currency balances??
Much Thanks!
Warmest Regards,
Chinho

Hi!
I belive its not there in Purchase\Sales Analysis Reports. You need to build a Customized report for that.

How to clear cumulative local currency balance of foreign currency Bank a/c

Hi,
We are facing a problem with the foreign currency Bank account from which we make payment in foreign currency but when we see the balance in local currency there is a difference.
e.g Local Currency RMB Bank Account Currency USD
Current Balance in Bank Account 1000 USD RMB rate 0.275 Balance in Local currency 275
We make a payment of 1000 USD at that time rate is 0.270 Payment in local currency i.e. 270
When we display of GL Balance of Bank account it is showing 0 balance but balance in RMB still showing 5 KWD which is not correct as we dont have any balance in USD. How to avoid this situation.
Regards,
Nirmala S.

You have to configure realized and unrealized exchange rate gain/loss accounts in transaction code OB09 for all your foreign currency balance sheet accounts. Once this configuration is done, you have to perform foreign currency valuation (F.05 or FAGL_FC_VAL) to clear the balance in local currency and post it to unrealized exch. rate gain/loss accounts configured in OB09 above.

Balance sheet adjustment account for Foreign Currency Valuation

Hi all,
I know that we enter AP /AR balance sheet adjustment account for Open items account when we configure for Foreign currency valuation with Tcode OBA1 and KDF. I wanted to know what account can I enter in that field for other balance sheet account which are not open item managed?
Also, Do we valuate GR/IR accounts in foreign currency valuation?? If yes, what balance sheet adjustment account do we enter for those accounts?
Thank you.

HI,
The valuation of <b>foreign currency balances</b> requires a special key that is assigned the gain and loss accounts for posting any exchange rate differences that occur during valuation. You can freely define this key. You then enter it in the master records of the accounts that you want to valuate. To post the differences that are determined from a group of G/L accounts to the same gain or loss accounts, enter the same key for all these G/L accounts.
Create the Create here with Tcode OBA1 and KDB-Exch. Rate Diff. using Exch. Rate Key
And assign this in the GL account master in the Control Tab.
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Vijay

Foreign Currency valuation on Foreign currency items posted in Local currency accounts

Hi Gurus,
I have accounts maintained in local currency and only balances in local currency is not checked. Some items are posted in foreign currency.
Now system is doing foreign currency valuation on foreign currency balance of this account. I dont want system to do that.
Now how to correct it. I can make balance zero of account and then mark that tick of only balances in local currency but still system will do foreign currency valuation on items posted.
Appreciate you help in solving this issue. How to handle it?
Thanks

Hi ,
While executing Foreign currency valuation, you can select the GL accounts for valuation. Try to not input these local currency GL's.
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Foreign Currency Settings

hi,
Can anyone send me important configuration required for maintaining foreign currencies at Flat rate.
we always make forward contracts for exports with bank therfore our exchange rate is gets fix for a particular period.

Dear Sayujya,
http://help.sap.com/saphelp_erp2005/helpdata/en/96/8b331243ce11d189ee0000e81ddfac/frameset.htm
Foreign Currency Valuation
In order to create your financial statements, you have to carry out a foreign currency valuation. This valuation covers the following accounts and items:
Foreign currency balance sheet accounts, that is, the G/L accounts that you run in foreign currency.
The balances of the G/L accounts in foreign currency are valuated.
Open items posted in foreign currency.
The line items in foreign currency are valuated.
You have the following options for the foreign currency valuation:
You can carry out the valuation in local currency, (company code currency), or a parallel currency (for example, group currency).
You can also use different valuation methods (for example, lowest value principle).
In addition to the foreign currency valuation, you can also carry out a currency translation in accordance with FASB 52 (US GAAP). You can thereby translate your account balances from local currency into group currency, for example.
Prerequisites
To carry out a foreign currency valuation, you must first make certain settings in Customizing. You make the settings in Customizing under Financial Accounting -> General Ledger Accounting/Accounts Receivable and Accounts Payable -> Business Transactions -> Closing -> Valuating -> Foreign Currency Valuation.
You must define the exchange rates. See Exchange Rates
You must also define a valuation method. Choose Define valuation methods.
You must also define the expense and revenue accounts for exchange rate differences from valuations. For payables and receivables accounts you must also define the financial statements adjustment accounts. To do this, choose Automatic postings for foreign currency valuations.
If you want to carry out a parallel valuation, you must also have defined a valuation area. Choose Define valuation areas.
The exchange rate differences from the parallel valuation are posted in this valuation area. If you carry out a parallel valuation with a different valuation method to the first valuation, you do not have to reverse the postings from the first valuation. This information is then available for subsequent closing operations, for example, Transferring and Sorting Receivables and Payables
Features
You can use report SAPF100 for the foreign currency valuation. This report carries out the following functions:
Valuation of foreign currency balance sheet accounts
Valuation of open items in foreign currencies
Saving the exchange rate differences determined from the valuation per document
Carrying out the adjustment postings required
The following topics describe how to carry out foreign currency valuation using the reports, and how to post valuation differences. You can also make this posting manually. From the SAP Easy Access screen, choose Accounting -> Financial accounting -> General ledger -> Document entry -> Valuate foreign currency.
Activities
To carry out a foreign currency valuation, from the SAP Easy Access screen, choose Accounting -> Financial accounting -> General ledger/Accounts receivable/Accounts payable -> Periodic processing -> Closing -> Valuate -> Foreign currency valuation.
Hope this will help.
Regards,
Naveen.

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
    valuation difference is output.
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

Foreign currency report

hi friends
our client is indian . have more than 20 compnay codes under one client each company code maintain the inr .he want foreign currency reports . how to conver form inr to foreign currency reports(usd,euro)
pls explain with settings very urgent
regards
shiva

Hello
When you post a document in foreign currency, the system stores the amount in both local currency and foreign currency in each line item. The system checks whether the currency key has been defined and is therefore permitted.
Foreign currencies are needed, for example,
To post and save receivables and payables in foreign currency
For handling payment transactions in foreign currency
Managing accounts in foreign currency (foreign currency balance sheet accounts)
Carrying out the consolidation and reporting for groups.
In the line items, all amounts are saved in both currencies. These include the posting amount, tax amount, and cash discount amount.
Prerequisites
You have made the following specifications in the Implementation Guide under Global Settings:
Currency key for each currency
Number of decimal places (if you do not require the usual two decimal places)
Local currency per company code
Exchange rate between local and foreign currency
In the master records for the G/L accounts, you have to define the currencies you can use to post to that account.
If exchange rate differences arise during clearing or valuating of items or accounts in foreign currency, the system generates postings. To enable the system to do this, you must have defined G/L accounts and posting keys.
Activities
To specify the foreign currency for your document, enter the appropriate currency key in the Currency field in the document header. There are several ways to enter an exchange rate:
· Enter a posting date and the currency key in the document header. The system automatically transfers the exchange rate valid on the posting date. Exchange rates are defined in the system.
· You can also enter the exchange rate directly in the document header via the currency key and exchange rate fields.
· Enter a translation date in the document header. The system then automatically takes the exchange rate valid on this translation date.
The valid exchange rate is the one entered on the posting date or on the translation date, or the rate entered at an earlier time. For example, if you post a document on August 25, but the last exchange rate in the system setting is from August 22, the system uses the exchange rate from the entry on August 22.
You can enter the amount in each line item in both local and foreign currency.
You can enter documents in any foreign currency for which a currency key is defined in the system. If you manage a G/L account, for example a bank account, in a foreign currency, you can only post documents to this G/L account in the account currency, that is, the foreign currency.

Reg Foreign Currency Valuation.

Hi,
After running F.05 ( A Difference in rate is maintained ).
Select postings , the posted documents are displayed, In the document there is a GL account present after the amount column.
Just want to know as to where this configuration is done.
Thanks.

Hi Manju
There is a step to do the basic setting for forigen currency valuation which are below:
1.Define Valuation Methods -OB59
2.Creation of G/L Accounts -FS00
3.Prepare Automatic Postings -OBA1
4.Term Loan Receipt in Foreign Currency -F-02
5.Enter Exchange Rates -OB08
And then finally will go for Foreign Currency Balances Revaluation (Forex Run) -f.05.
Thanks & Regards,
Akash Shrivas

Vendor Balances in Foreign Currency

Hello Experts,
In standard SAP, S_ALR_87012082 Report displays the Vendor Balances in Local Currency. Is there any Std. report similar to this which displays the Vendor Balances in Foreign Currency. Because there could be some foreign vendors invoices are posted in Foreign Currency.
We are in ECC 6.0
Any inputs please.
Thanks
Balaji

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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Seshu

Incorrect foreign currency balance

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