Invoice verification----exchange rate problem
Dear All.
We use expense Purchase order. When PO do goods receipts, the debit account is assigned to the expense account through account assignment category. The accounting process is as follows:
But when the purchase orders currency is foreign currency ,when the exchange rate at the time of the good receipt is differ from the exchange rate at the time of the inovic receipt.there exist exchange rate difference. Currently the system process as follows:
Do good receipts:(exchange rate: usd/rmb = 7.75).
Dr: expense account usd 100 (rmb 775)
Cr: GR/IR usd. 100 (rmb 775)
Do invoice receipts:(exchange rate: usd/rmb =8).
DR: GR/IR usd 96.875 (rmb 775)
Expense account usd 3.125 (rmb 25)
CR: AP-vendor usd 100 (rmb 800)
Now I have a problem.:How I should configure in order to the exchange rate difference(RMB25) can be into exchange rate account not the original expense account.
Define Auto posting for exchange rate difference : OBA1.
Anyway, u should tick GR-non valuated option for expense PO then this problem will not be occurred.
Rgds.
Similar Messages
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Logistics Invoice verification - exchange rate
Hi Community,
We are doing Logistics Inv Verification with document currency other than the company code currency. As per SAP Standard the conversion rate can be entered at the header data for currency conversion which gets greyed out once we enter the purchase order and select the Goods Receipt line items. We cannot change the exchange rate even if we change the posting date of the invoice.
Client requirement is, the user will not enter the Exchange Rate at the time of Invoice verification. The system should read the exchange rate of the GRN selected ,on the basis of which the system will pass the financial entries. The intention of this requirement is ,there will not be any exchange rate gain/loss while doing LIV.
For information, the client is creating Pos with GR-Based IV. Also the user will select only one GRN at a time.
Regards,
AbhishekHi Abhishek,
While creating the PO, in the header data section, under the Delivery/Invoice tab...
Check the flag - EXCHANGE RATE FIXED
This will not allow you to change the exchange rate at the time of Invoice Verification.
Regards,
Mike -
Problem while 're-posting' a cancelle Invoice with Exchange Rate Difference
Hi Gurus,
We are facing a problem while re-posting an Invoice with Exchange Rate Difference. I say re-posting because this invoice was previously posted and reversed on the same date. Here is the scenario along with the relevant postings:
1)
G/R is posted in September when the exchange rate for dollar was, say, Rs. 49 = 1 USD.
Posting:
Service A/C.....100 USD (Rs. 4900)
To SR/IR Clearing A/C...100 USD (Rs. 4900)
2)
MIRO is done in October, when the exchange rate was, say, Rs. 48 = 1 USD. Thus, the exchange difference posting was done in the respective accounts.
Posting:
SR/IR Clearing A/C......100 USD (Rs. 4900)
To Vendor A/C...........90 USD (Rs. 4320)
To TDS A/C..............10 USD (Rs. 480)
To Exch. Difference A/C. 0 USD (Rs. 100)
This was the correct entry, however we missed out some TDS codes and thus needed to reverse this entry and repost it.
3)
Now this invoice was reversed (T.Code MIRO) in october itself on exactly the same date on which invoice was created, and it resulted in the following postings:
Vendor A/C......90 USD (Rs. 4320)
TDS A/C.........10 USD (Rs. 480)
To SR/IR Clearing A/C...100 USD (4800, i.e. 48 * 100, Rs.48 being the exchange rate in october)
4)
Now when we try to post MIRO again, it is posting the following entry:
SR/IR Clearing A/C......97.96 USD (Rs. 4800)
Exch. Difference A/C.....2.04 USD (Rs. 0)
To Vendor A/C........... 85 USD (Rs. 4080)
To TDS1 A/C............. 10 USD (Rs. 480)
To TDS2 A/C............. 5 USD (Rs. 240)
This is a wrong entry. SR/IR clearing A/C should have been debited by 100 USD (Rs. 4900), and the Exch. Rate difference account should have been credited by 0 USD (Rs. 100)
Can someone please help us with this. What the system seems to be doing is, that when the Invoice was reversed, the value that got reversed for SR/IR Clearing A/C was 100 USD but with Rs. 4800 instead of Rs. 4900. Now, when we try to repost the invoice, the system divided this value by the exchange rate prevalent in September, i.e. Rs. 49, thus the resultant value 97.96 USD (i.e. 4800 / 49).
Please help.
Thanks!
Regards,
Angad NagpalSolved.
The final entry is correct, as the net result in the G/L balances is the same. For further information please refer to notes 116250 and 46564.
Thanks!
Regards,
Angad Nagpal -
Exchange Rate problem at the time of sales Invoice
hi experts
Exchange rate type AR is made for Sales
at the time Sales Order amount is being picked from exchange rate type AR but at the time of Sales Invoice the amount is being picked from Standard Rate Type M at the header level but at the item level from AR only
Plz help in this regard
Sudhir Poddar
SAP FI ConsultantHi Sudhir,
SAP will pick Exchange rate type M for translations by default and you cannot change it. So you have to change the exchange rate type for your invoice or maintain same rates for that day alone.
This is what is given in SAP documentation:
"For posting and clearing, the system uses the exchange rate type M (average rate). This exchange rate type must be entered in the system and you must also enter the exchange rates for this type."
For more info on exchange rate types read this:
http://help.sap.com/saphelp_erp60_sp/helpdata/EN/a6/004940f0030272e10000000a155106/frameset.htm
Regards,
Ravi -
Invoice Verification - Exchage Rate Difference
Hello everyone,
We have a problem with the determination of the exchanges differences between GR - Good Receipt and IV - Invoice Verification.
We would like to post these exchange rate differences in a particular account (included in TC OBYC transaction KDM), but the system automatically posts the difference in material cost account (the same account of the material itself).
In our system we manage consumable and not stock materials (not inventories).
Are there any solution related to MIRO TCode? Can we manage:
- automatically the Account for the exchange rate differences or
- post manually the difference in G/L Account section
Please could you suggest us a solution for the problem?
Thanks.
Best regards
GFVIn SPRO check the settings in the following node :
Materials Management->Logistics Invoice verification->Incoming Invoice->Configure How exchange rate differences are treated.
Here there are 3 options :
1. The exchange rate differences will be calculated from the difference between the exchange rate at the time of the goods receipt and the exchange rate at the time of the invoice receipt.
2. The exchange rate differences will be calculated from the difference between the exchange rate at the time of the invoice receipt and an assumed exchange rate that is valid for a specific amount of time, such as a year or a season.
3.No exchange rate differences will be calculated. Instead, differences from exchange rate variations will be considered as price differences and posted to a price difference account.
If you select 1,2, then Exchange rate differences will be posted to the KDM gl account.
If you select 3, then It will be posted to Price difference -
Exchange rate problem between GR&IR for PO with account assignment category
ear SAP experts.
We have used expense puchase order through account assignment category.
the cost object include cost center,sale order,order.because we dont use Fixed assets module in SAP,when purchase fixed assets,we also use account assignment category but no need to fill assets number(Not use account assignment category A).
the processing in current system when there is exchange rate difference between GR&IR as follows.
purchase order Currency :USD company code currency:HKD
example 1-- when something purchased into expense account,
Good receipt (1USD=7.75HKD)
Dr :expense account 100USD 775HKD
Cr: GR/IR 100USD 775HKD
Invoice receipt
Dr : GR/IR 100USD 775HKD
Expense account 25HKD
CR: Vendor 100USD 800HKD
Example 2-- when something purchased into Fixed assets account,
purchase order :USD company code currency:HKD
Good receipt on Oct .01. 2007 (1USD=7.75HKD)
Dr :Fixed assets account 100USD 775HKD
Cr: GR/IR 100USD 775HKD
Invoice receipt on Dec.01.2007 (1USD= 8HKD)
Dr: GR/IR 100USD 775HKD
Fixed assets account 25HKD
Cr: Vendor 100USD 780HKD
The fixed assets is depreciated from Nov,2007.
There is one problem that after the fixed assets is depreciated, the value for the fixed assets is added , the finance clerk have to adjust the added value from fixed assets account to Exchange Difference-Gain/Loss account by manual.
Our problem is
How to configure in order to make the exchage rate difference into Exchange Difference-Gain/Loss account for purchase order with account assignment category,not the original assigned account in purchase order item.
Many thanks
FannyHi Fanny
Even though the question is bit unclear, I guess you are looking for the T-Code OBYC. Use transaction key KDM for configuring the exchange gain/loss
S Jayaram -
Hello Friends,
The Currency Translation of all BW Web reports is ending with below error message.
After opening report on Web, below things are not working and ending with same below error message.
"System error in program CL_RSR_WWW_CTRL_DDOWN and form ADD_ITEM:01"
Right click on web report and go to
Currency Translation
Variable Entry
Query Properties
Export (Working some times and not working some time)
For all BW reports, the above 4 things are
Not working only on Web
Working Fine in RSRT
Working Fine BEx Analyser
So, it is not working only on Web and working fine with Excel.
I have found some SAP Notes (812737 & 995675) on this problem, but according to these Note suggesstions, we have checked for errors and unable to find any errors or blanks in Exchange rates (TCURR or OB08 ). We have also checked programme "RCURTEST" and no solution was found.
Can any one please suggesst us. what could be the problem?
we are on 3.5 version with patch 13.
Thank you.
TonyhI
Replicate the entire source system
Rigt click on source system replicate meta data then
search it
Cheers
Ogeti -
Exchange rate problem at the time of MIRO
Dear all
Po is created for 21,00,000 EA qty with rate of 1 USD=44.22130 INR
GR done for QTY 7,00,000 EA qty and Invoiced received for 7,00,000 qty at the rate of 1usd=43.2 Inr, now if i m trying to invoice almost 80,00 usd we are paying more im tring to chnage in MIRO t.code in details tab Exchange rate but it was in Display (greyed) how can i change the exchange rate for this amount or how can i post the Invoice...
Please advice me.
Regards
venu gopalHi,
If you have not checked the indicator 'Exch Rate Fixed' indicator in PO header tab 'Delivery/Invoice', then you can change the exchage rate at MIRO.
For this, follow the steps below in their exact sequence.
1. go to MIRO
2. Enter the 'invoice date' in Basic data tab
3. Go to 'Details' tab in invoice header. Enter the desired exchage rate here.
Now proceed further and allocate the invoice to the desired PO or del note etc...
You will not be able to change the exchange rate once the invoice has been allocated.
rewards if helpful.. -
Currency exchange rate problem when posting to CO-PA
Hi Experts,
we get error when posting a credit memo saying that there is a missing exchange rate between MXN and USD. The document currency is MXN (Mexican peso), company code currency is EUR and operating concern currency is USD. The document posts to CO-PA.
We have exchange rates for MXN/EUR and EUR/USD but not for MXN/USD.
How the system recalculates the currencies?
Do we just have to enter the MXN/USD rate or is there any other customizing we should check?
In country global parameters for Mexico in fields 'index-based currency' and 'hard currency' is entered USD. Does this matters to this problem?
Thank you,
MichalHi Michal,
concerning your quastion pls consider follwing:
Usually the foreign currency will be the transaction currency of the sender document in case you are dealing with
billing documents.
However it's also possible that the amount in operating concern currency is translated based on company code curreny.
In this case the PA line item will then contain the company code currency as foreign currency.
This translation logic is described in the note 429517.
I hope, it could you help to understand translation logic.
Regards, Andrea -
Hi all
While releasing the billing document to accounts at [VF02], I am getting the following error
Enter rate INR / INR rate type M for 06.04.2007 in the system settings
Message no. SG105
Diagnosis: For the conversion of an amount into another currency, an entry is missing in the currency conversion table.
Procedure: Add the missing entry in the currency conversion table.
You can then continue to process the commercial transaction.
I tried all the above procedures with FI MM & ABAP consultants and in vain
Please help
RegardsHI
To maintain currency exchange rates, use t.code OC41
GO to new entries----
>here maintain
exchange rate 'M' standard
valid from -
date
from -
euro
drpqot -
75
to -
INR
Award points if it is useful
Regards
Prasad.G -
Hi BW experts,
I getting following error in report :
<b>No exchange rate from CAD to USD and date 28.02.2007 found (currency transl. TRAV/TRAV)
Notification Number BRAIN 380</b>
I am getting this message for only 4 months i.e March April,May,June but rest of months its fine.
Currency translation is done in query with a variable.
I tried the following solutions:
1.transfer Exchange rates from source systems Via Program :RSIMPCURR
2.I checked in Table TCURR and there exists a exchange rates between CAD to USD.
3.I checked TCODE: RSCUR the variable exists and created properly.
4.I searched through forums but none of them present a clear solution.
SO can somebody help me to solve this error ,its very urgent
null
Message was edited by:
NRUPAL CHOWDARYSo check in OB08 which gives the overview of Currency Exchange Rates for each month.Check what is the exchange rate maintained for the months u r looking into.
Else ask the users what exchange rates they maintained for those months and upload the exchange rates for those months.
Here is the link which will explain how to load the exhange rates.
<u>http://help.sap.com/saphelp_nw04s/helpdata/en/36/412ad80cb511d5b2df0050da4c74dc/content.htm</u>
Thanks & Regards,
Suchitra.V -
Exchange rate problem in controlling document
Hi Friends
I have posted CJ45 (over head run) and posted documents in cost center and pca.
we wanted to know which exchange rate was taken for posting in different currencies (Controlling area and PCA).
Can any one please help me any table where can we find co document posted amount with exchange rate considered?
Advance thanks!
GKHi,
Controlling Document can be checked in Table COEP (CO Object line item table).
PCA: Table GLPCA
Hope this helps.
Thanks,
Ashok -
Post exchange rate differences to separate account on invoice verification
Dear expert,
I'm facing a problem and need your guidance related to exchange rate differences between Goods Receipt and Invoice verification caused by time differences
My company buy an asset using purchase order with account assignment.
As an example:
Asset price on PO : 100 USD
On Good receipt (Exchange rate 1 USD = 9,000 Rp)
Journal created
Asset 900,000 Rp
GR/IR Clearing 900,000 Rp
On Invoice verification (Exchange rate 1 USD = 10,000 Rp)
Journal created
GR/IR Clearing 900,000 Rp
Asset 100,000 Rp (Exchange rate differences)
Vendor 1,000,000 Rp
My Company wants to put "Exchange rate differences" into separate account (Gain/Loss realized account) instead throw it on asset because asset value would be change. How make it happend?
I already try to configure KDM (Exchange rate differences) and OB09 and still exchange rate differences posted into assetHi,
Check config in transaction code Oba1 and Obyc. check posting G/L account of PO (KBS), n try to change in KDR Class.
Regards
Sanjeet Kumar -
Exchange rate accounting (FI) in header of billing invoice
Hello.
I have got a question about the exchange rate accounting (FI) in the header of the billing invoice.
Situation:
When creating the billing document: on item level the exchange rate type B is correctly taken for the date of billing as determined in the customer master data and the copy control.
BUT what can I do to fix in the header of the billing invoice the exchange rate accounting M from the month of the sells document (usually they issue the sells document one month and the billing document a month later)??
I tried to put the correct exchange rate accounting in the sells document VBKD-KURRF, but the value is not taken automatically in the header of the billing document.
Pressing F1 I get the message: Exchange rate for FI postings
The exchange rate that the system applies when you create an invoice.
Use
Your system is configured in such a way that it expects:
No prefix (leading sign) for direct rates
No prefix for indirect rates
Can anyone help please??
Thank you.
Regards,
MaikeIf you are maintaining the exchange rate in sale order in the field VBKD-KURSK (Exch.rate-acct. in header accounting tab) then this rate will be passed on to the billing document header Exchange rate-accntg field.
Check whether the PricingExchRate type field is maintained as blank in the copy controls from delivery to billing.
Regards,
GSL. -
Exchange Rate for invoice matching IR = GR exchange rate
Hi Gurus
u2022 Exchange Rate for invoice matching IR ( at Feb at 2.10 ) should be similar to GRN ( Jan at 2.00 exchange rate ). Customer does not want to fix the exchange rate during the PO .
u2022 They want to pick up the exchange rate when the GR is being executed .Is there any automatic setting to enable this, they want to avoid manually changing the exchange rate during IR.
Best Regards
Wai MengHi
Try this
LIV- incoming invoice - how exchange rate differences are treated - for your company code check the indicator as N - then if exchange rate is different then it will be posted to PRD.
But it is not possible to fix exchange rate based on GR, either you need to enter invoice date same as GR date then same rate will be maintained.
Thanks
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