Intercompany Sales with Foreign Currency Differences

We have a scenario using the 2-step intercompany sales process:
1) Create PO
2) Create Delivery and PGI
3) Automatic IDoc Generated for Vendor Invoice
4) Receive PO via MIGO
Selling Company currency is USD. Receiving Company currency is EUR. Due to the lengthy intransit times (3-4 weeks), when the MIGO is posted, the value converted from EUR to USD, is different than the PGI value (SD invoice) in USD. The difference is posted to an exchange rate difference account. However, our business users do not want this exchange rate difference, but wants the value to be constant according to the PGI date.
We cannot switch back to the one-step PGI and GR process because it affects our APO system. In GATP, it would show that the inventory is available in the receiving plant, but it is actually still in transit.
Does anyone have any suggestions or ideas on how to get around this?
Thanks in advance.

Hi,
Can the field Exchange rate fixed in the PO header -> Delivery/Invoice tab be used for your business process?
You can also check OSS Note 518114 - FAQ: Goods movements in foreign currency. This note also contains other notes which may help you.
Regards

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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

Intercompany Sales with Excise Details ????

Hi Frendz,
I know the process of Intercompany Sales Process, But I dont know the how Excise flow would be effect while Billing?
Letus say We are delevering goods to customer from other plant which has assigned to different companycode and plant, in that case!
First thing is Whether Excise Values and Sales Tax is applicable or not?
If Applicable How can we manage and map that?
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Hi,
Can the field Exchange rate fixed in the PO header -> Delivery/Invoice tab be used for your business process?
You can also check OSS Note 518114 - FAQ: Goods movements in foreign currency. This note also contains other notes which may help you.
Regards

Error when using automatic clearing (F.13)with foreign currency valuation.

Hello all
below is our problem, please suggest us a solution
We are experiencing a problem when running the automatic clearing in SAP. Somehow, the system seems to clear (with no reason) open items created with the revaluation of foreign currency.
Let's say that we run the valuation of open items in foreign currency for December 31, and we run the program to post the reverse entry as of January 1 of the next year. As a result of this valuation, the system calculates a loss of 10 euros. Therefore, it posts a document with a debit entry of 10 into the Loss account, and a credit of 10 in to account where the valuation was carried out. This document has a posting date of December 31. The batch program also creates the reversing entry, this time a credit entry into the Loss account, and a debit into the original account.
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In our scenario in the system P70, for MX10, we have a foreign currency valuation run on December 31st, which posted the document numbers:
1) 5100004579/2008, for a total of 0 euros, and 240,483.17 MXN. Credit to account 11081108 Finavigate cash receipt bank collect.CMG MXN.Debit to account 18601000 Losses f.foreign curr.valuation on financial trans
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The final result, as you can see, it's out of balance, there is an additional document that we need to reverse.
Thanks in advance
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To my knowledge you get do two things:
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2. If you want to use all the GL accounts in F.13, then check the clearing procedure configuration and make suitable changes.
With the info provided, this is the only thing I can suggest.
Regards,
~Vishal.

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Hi SAP Gurus,
Can anyone help to explain on why does the document posted in FBB1 with document currency USD was auto cleared even without satisfying the rule in OB74. But when the document currency is SGD it can be automatically cleared.
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To account: 12000
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Appreciate your explanation on why does above scenario happened.
Thank you in advance.

HI,
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I hope above will clear you issue. Thank you.
Reg
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Hi,
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Hello
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I am not getting whther you defined all the currencies and exchange rates in table TCURR,did u checked and if its correct then u have the alternative is foregin currency valuation.let me know
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Try the SAP Note No:980402.For me it worked only for material price with Moving Average price.
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Posting in local currency on foreign currency account/correctionOfValuation

Hi everybody!
I have a problem, and I hope someone will help me.
Is there any way to make posting in local currency on account with foreign currency as the account currency?
The reason why I'm asking this, is that I have to make corrections to currency valuation.
This is the situation: they made foreign currency valuation for last period of previous fiscal year. Instead without reversing, they made it with reversing, on the first day of 1. period in the new fiscal year. After this, they made reversing (fb08) of reversing document created by valuation program. Of course, after all, they have wrong valuation for every next period.
I have to make corrections in 3. period (1. and 2. are closed).
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If anybody have idea how to make posting on foreign currency account, or the other way to make correction of valuation, I'll be grateful.
Best regards

Create one FI documents with multiple line items as per the following example. In this case you need to enter amount in both local currency and in document currency fields-
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Line 2: Local currency Cr. USD 10; Doc currency =x
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Hi there,
I am trying to clear a GL open item managed Bank clearing a/c which has a payment document with foreign currency amount (doc cur) and LC1 and LC2.
The doc is posted in Aug 08. When I try to clear it in Sept 08 i see that LC1 and LC2 are showing diff amount from the posted amount. Since i am using this GL a/c as bank clearing will there be double exchange diff calculated....1) during payment of invoice and 2) during clearing from this Bank clearing a/c to Bank a/c.
I guess the difference is because of two diff clearing date but is this standard or is there any settings to control this. Looked through but could not find anything.
Any of you have any comments on this, please let me know.
Thank you very much
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when you clear the open item, the system will pick up the exchange rate mentioned in the tables (Tcode OB08) and the difference in the exchange rate entered in the invoice and the exchange from the tables at the time of payment will be proposed.
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Check you settings in OB08.
Regards

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I am trying to figure out how to correctly post payments and apply the gain/loss to exchange rates.
LC = USD
FC = CZK
I post an AP Invoice for CZK 20,000 in June with an exchange rate of 1 USD = 20 CZK.
The GL Records the transaction using the above rate as defined in the Rates table.
Two months later I post an outgoing payment. I paid the vendor in USD. The rate defined in SAP is 1 USD = 19 CZK.
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Hello,
using exchange rate different can be correct for your case if you deal with foreign currency. Meanwhile conversion rate different is for SC and LC different.
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Rgds,

Intercompany Sales with Foreign Currency Differences

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