Invoice payment other than local currency

Company code currecny is INR
Invoice booked in foriegn currency i.e. document currency EUR 100 and converted to local currency 1000 (inr)
Making the payment in INR in 1000 (INR) against EUR invoice posted, now the vendor will be cleared in local currency and no open items, balances will '0'
But the problem is amount in the doc currency balances will show two difference amounts 1000 INR and 100 EUR.
Is there are any specific settings where we can the knock off the balance lying in the document currency and balances should show '0'.
Regards,
Krishna.

You can clear the vendor using F-44 mentioning clearing currency on the selection screen as INR.
Regards,
Gaurav

Similar Messages

Report showing GL Accounts with document posted in currency other than local currency

We need a report that shows all the GL Accounts that had a document posted in currency other than local currency during the month. The purpose of such a report is that we should not miss any Foreign Currency Gain or Loss at the end of the month.
Is there such a report already in Standard SAP ? Please let me know. Points guaranteed.

Hi Ajay sir,
It's never be a bad idea. But I think Rajeev might be looking for a stright report than work around, which is not available.
Regards...
Jose

Automatic Payment F110, Using currency other than the currency of invoice.

I want know if it is possible to make automatic payment by F110, paying through a currency other than the currency of the invoice?
Using the f-53 transaction i know that is possible, but i must use the F110, because I generate a file to send to the Bank.
Thks,
Fernando

Invoice Booked for USD but payment want INR through F110, Cheque printing.
Christoph Gilberg Mar 26, 2015 8:27 PM (in response to Sam P)
Hi Sam,
you have to add this information at the time of invoice entry. Screenshot from F-43 below.
Best Regards,
Christoph

Payment in other than functional currency and bank currency

Hi
I am working in a implementation project, i am facing one issue related to multiple currency transaction.
client is maintaining one bank account(USD) in other than functional currency(INR), that account they are using for making a payment in USD or other than USD(third) currency, so in case of payment held in third currency, conversion will happen between USD to third currency, hence there is no functional currency is coming in conversion and at bank account level multiple currency check box can not be enabled due to bank account currency is other than functional currency.
Could you please help me out on this issue.

Hi Kiran
Thanks for your reply
I am required Little more help on this, please find the bellow example
Example
Ledger/functional Currency is INR
bank currency is USD
Currency conversion rate has been defined for the currency
invoice is created in GBP, payment need to be make in GBP currency from USD account, because USD$ use for the GBD conversion, now my concern is bank is in USD currency that is other than functional currency, hence multi currency check box can not be enabled, since functional currency is INR so all transaction should be convert to INR for accounting and as multiple currency not allowed at bank therefore enable to make payment from same bank.
Thanks
Tarun

Payments other than USD

Hi,
We have an issue like this: we maintain only two set of house bank accounts, LKR and USD and when we are paying for EUR vendor we have an issue. We can not execute our payments using F110 as our house banks are LKR and USD only. What happens is when we sent the letters to the bank (prepared manually) they charge that EUR invoice amount from out USD account based on the cross rate. Once we get the bank statement we pass the entry from F-53 by crediting our house bank account-USD. Is there any way that we can book the payment in EUR using F_53 while maintain our house banks A/C in USD? So that system covert the EUR amount to USD? Please help
Gayani

Hi,
It is Possible to make payment other than USD, like CAD, GBP .
EX: you want to pay Out Going Amount only USD & INR.
Maintain Currencies in T.Code: FBZP ( Payment Method In country)
Then system allowed to pay only maintained currencies.
If still you have issues feel freee and let me know your business scinario i will explain you.
Regards
Viswa
Edited by: viswanatha s on Feb 3, 2011 8:58 PM

Inventory Value other Than Functional Currency

How can we keep Inventory Valuation in Non - Functional Currency ?
Scenario
Ledger Currency = KES, Majority of the business for the client is from Exports, as the procurement happens in USD the can we retain the cost of the product in USD ?

Hi Kiran
Thanks for your reply
I am required Little more help on this, please find the bellow example
Example
Ledger/functional Currency is INR
bank currency is USD
Currency conversion rate has been defined for the currency
invoice is created in GBP, payment need to be make in GBP currency from USD account, because USD$ use for the GBD conversion, now my concern is bank is in USD currency that is other than functional currency, hence multi currency check box can not be enabled, since functional currency is INR so all transaction should be convert to INR for accounting and as multiple currency not allowed at bank therefore enable to make payment from same bank.
Thanks
Tarun

I have Lost my iphone particularly it is stolen other than local police station does apples service center or premium reseller can do my help??I mean does Apple service center helps us?? Please answer this ASAP

My iPhone is stolen I need Help in answer the following question other than Local police station does Apple Service center or premium reseller does our Help
Please answer it ASAP

No, they will not help. You need to have Find My iPhone activated on the phone prior to the loss/theft and then you can track the device at www.icloud.com. If you did not activate Find My iPhone, then there is no way to track the device. If the device did not have a passcode on it, immediately change the passwords of all accounts you have on the phone; mail, banks, credit cards, etc.

Vendor Payment In Currency Other Than Document Currency

Hi Everyone,
We have a scenario where a vendor submits an invoice to our company in GBP but wants to be paid in Euros. The company code/local currency is USD. Performing a wire transfer through F110, I can't see how we can choose what currency to pay the vendor in. I'm not sure if this is even possible but I thought I would see if anyone would be able to assist.
My first thought would be that the vendor should submit a Euro invoice if they want to be paid in EUR but it seems this has been the practice for some time now and they will not submit a EUR invoice.
Any thoughts?
Pete

the vendor provided its bank account number, where you have to transfer the money, right? What is the currency of that bank account? If it is EUR, than the vendor will get his money in EUR. The real problem is the exchange rate here, you transfer some EUR (for the invoice in GBP) and the vendor tells he expected more (because just counted with another exchange rate). What happens than?
It was mentioned already (by Wendy) that one option is to make manual payment. Another would be to repost the invoice (manually, again) in EUR and let it pay with the payment program. Again, it raises the exchange rate difference problem as above.
On the other side paying a GBP invoice in GBP is 100% legal in my opinion, if the vendor wants that in EUR is just wishful thinking...

Payment Wizard: BP "All Currency" but payments always in Local Currency

Hello!
This is a change request regarding the Payment Wizard.
System behaviour: When a Business Partneru2019s currency is set to u201CAll Currenciesu201D in the Business Partner Master Data, the Payment Wizard always suggests payments in Local Currency, irrespective of the currency on the AP Invoice and irrespective of the currency specified in the Payment Method Setup (Currency Selection). In order for the Payment Wizard to post the payments, the correct currency has to be selected manually on Step 6 of the Payment Wizard.
Problem: This can be very time-consuming.
Suggested solution: The Wizard suggests payments in the currency of the AP Invoice.
Regards
Christiane

Hello!
This is a change request regarding the Payment Wizard.
System behaviour: When a Business Partneru2019s currency is set to u201CAll Currenciesu201D in the Business Partner Master Data, the Payment Wizard always suggests payments in Local Currency, irrespective of the currency on the AP Invoice and irrespective of the currency specified in the Payment Method Setup (Currency Selection). In order for the Payment Wizard to post the payments, the correct currency has to be selected manually on Step 6 of the Payment Wizard.
Problem: This can be very time-consuming.
Suggested solution: The Wizard suggests payments in the currency of the AP Invoice.
Regards
Christiane

LC other than national currency

Hi All,
I have a customer who's national currency is SGD,but the according to the IRAS(Inland revenue authority of singaopre),
if 60% of the customer's transactions are other than the local currency(national currency) then the Local currency should be set as that Foreign currency(USD).
So i have proposed the customer to set LC as SGD and SC as USD.
Here GST reporting should be done in SGD.
So when there is a supplier invoice in USD the supplier will send the equivalent SGD for GST purpose.
But in SAP if we consider LC as USD and the corresponding SGD can be recorded only on the exchange rate table,where as the SGD rate will be varying according to the individual supplier invoice.
Is there any workaround available to record the SGD equivalent value in order to generate the GST report accordingly even the document currency is same as the local currency(USD is considered as LC)
Note:Customer is aware that if they maintain LC as USD they will not be able to revaluate USD curreny.
Kindly share you precious inputs on the above scenario
Regards,
Raja

Hi Gordan,
Now USD as configured as LC and SGD as SC.
When there are AP Invoices the exchange rate given by the supplier will vary ie.,AP invoice will be in USD and the exchange rate for SGD will also be provided for GST purpose.
But for USD the equivalent SGD will be taken from the exchange rate table,which we can not change as per the individual document for corresponding GST tax calculation in SGD.
Now as per your suggestion if it has to be manually adjusted then the Tax report also need to be customized accordingly if i am correct.
Regards,
Raja

Foreign currency invoice not shown in local currency

Dear Experts ,
Can you please help me to resole
In my company code currency is INR and my foreign currency is USD , when i posted a invoice in foreign currency it shows in print preview only in foreign currency that is USD but i want to see the local currency INR also for that invoice when in view in VF03
please tell me how to do this
Thanks in Advance
Bhaskar

Hi,
Make sure that in VF03 the document is displaying as per your criteria.
Else you need to add layout of local currency value from layout design.
better you check the table that the correct value is generating ( I mean the local currency information is updating or not)
Regards,
Sanju M S

How to invoke a service on a server other than local bpel server?

Hi,
Im trying to invoke a service on a server other than the local bpel server thats installed by default. Any pointers to how this can be achieved? My jedevelper does not show "Bpel process Manager server" under the connections navigator and hence I cannot create a new connection to a different server(other than the default one). Appreciate yr help.
Thanks,
-L

If you only want to just invoke the service, you dont need a new connection.
Cant you just point to the wsdl of the service in the partnerlink ?
If you need a new connection in jdeveloper to the other server, you first need to make the new applicationserver connection and after that the integrationserver connection.
After this you can connect to an other bpelserver, besides the default.

SUB-Group consol. in different currency i.e. other than group currency

HI Friends,
Consolidation Group currency is "USD". In the consolidation hierarchy, i have one sub group where all the companies are in AUD.
Now the requirement is that australian sub group requires sub consolidation in AUD.
Currently we are doing sun consolidation and the results are as expected, but they are in group currenmcy "USD".
Is there any option to get the sub groupconsolidation report in AUD i.e. different than group currency.
Thanks in advance,
Regards,
Richard

Hi ,
Yes it is possible.
Direct in UCMON and change your group currency, but you must do again full proces consoidation in this group currenct, or in your query (query designer) you create a new report and use transaltion currency direct in report.
http://help.sap.com/saphelp_erp60_sp/helpdata/en/62/f7e73ac6e7ec28e10000000a114084/frameset.htm
Please, read Consolidation in Multiple Group Currencies .
Regards,
anka
Edited by: Anka on Jul 8, 2010 4:37 PM

Want to display GL account balances in currency other than display currency

I am facing one problem..I want to display the balances of GL account in USD but display is in EURO.How can I display it in USD?

Hi Jeyakanathan,
Thanks for fast response but the problem is I want to display whole balance of GL in currency USD.Document currency just shows me what all postings done on this GL in USD but not the whole balance.Can you help me in this?

Kb11n to post in currency other than co currency.

Hi All,
For our client they have created a program which uses the transaction KB11N,but to post the transaction in GBP currency which is different from controlling area currency.This program was working fine till March2008 but suddenly in April 2008 the program posted transaction in EUR currency instead of GBP Currency.What could be the reason.Is there any settings anywhere it is defined.What could be the reason behind posting in GBP.
Very urgent!!!
Thanx in advance.

resolved

Invoice payment other than local currency

Similar Messages

Maybe you are looking for