Ledger Currency

Posting this on behalf of Daniel
In SPRO transaction, through path:
Financial Accounting (New) => Financial Accounting Global Settings
(New) => Ledgers => Ledger => Define and Activate Non-Leading Ledgers
It is possible to define the currencies for this new additional ledger.
However I can only assign the defined currencies of the country that is
related to the Company Code, that are:
- Company Currency (10)
- Group Currency (30)
- Index-based Currency (50)
How to define also the Ledger Currency (80)? Is that possible?
Is it also possible to change the Index-based Currency? Will we have
too many impacts by doing that?
Thanks,

Duplicate threads were opened.Need to close this

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Material ledger currency types-manually

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I have a question about material ledger currency types.
Does it cause any problem if i have set the currency types manually as different then additional local currencies for company code in FI? I have to set the currencies manually. Does it have some disadvanteges? Because when i try to do this in configuration system gives a warning:
"Do not make any changes (SAP entry)
Message no. SV117
Diagnosis
You have changed an entry which, according to the name space definition is managed by SAP.
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Your changes may be overwritten at each subsequent upgrade or release change.
Procedure
Avoid changing this data. If the change is inavoidable, document it carefully, so that it can be repeated, if necessary, after an upgrade or release change. The best way to do this is to put the data in a change request, which you can export before an upgrade or release change, and import again afterwards."
I need your helps.
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Hi,
Check in following T.Codes but involve FICO Consultants:
OMX1,
OMX2,
OMX3.
Regards,
Biju K

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HI gurus,
Whenever I try to do goods posting an error is getting displayed "material ledger currencie were changed".
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regards,
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Check in following T.Codes but involve FICO Consultants:
OMX1,
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Error-Material Ledger currency were changed in material master creation

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Iam trying to create a material master record in IDES database.
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In the configuration the material ledger might be active in the valuation area.If it is active in the valuation area then the check box in the material master is automatically checked.
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Hi Experts,
What is Transaction Currency ?
What is Ledger Currency ?
Could any one explain about the difference between the abvoe two currencies.
How it reflected in GL Account balance view?
Thanks in advance
Regards,
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SAP FICO

hi,
Transaction Currency:
While posting any transaction in FI we are entering the currency in header data that is nothing but your transaction currency. Transaction currency is your document currency and it can be any currency just you need to maintain exchange rate for it to make a transaction. While Generating document system will maintain data in Local Currency as well as in transaction currency. To View in Ledger go to T.code FBL3N and click on Layout icon which is on Application toolbar and select Document currecy and add in report.
Ledger Currency:
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Edited by: Ganu S on Nov 25, 2008 3:36 AM

Questions in Material Ledger Currency

Hey Gurus,
I am having some problems posting documents with MIGO because Iti gives me the error message C+052 (inconsistency in valuation of material).
While accessing the tcode CKM9 I see that one of the currencies is inconsistent as you can see in the print.
Do you know if this is the origin of my error? How can I correct it?
Cumps,
MB

Hi Manuel,
Just a thought, as a follow-up to Owen's comment above ...
Before you consider the reversal of production startup, consider the following:
1) If it is only one material that causes this problem, then consider reversing all material transactions during the current period, close any and all production orders, purchase orders, etc that use this material, and see if a deletion flag can be set, and then use a new material. If ML close gives you a problem after reversing all the transactions, see if you can change price determination to 2 and then do ML Close.
2) See if any of the utilities in Material Ledger Help Desk will be helpful in fixing this error.
3) Above all, consult SAP FIRST before you run reversal of production startup etc. They may have a simpler solution.
Of course, I know you will perform all these in a test environment first before you venture anything in Production Environment, right?
Cheers,
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Non-Leading Ledger Currency

Hi All,
It's a US company in China, but functional currency is USD.
So customer would like set local currency as USD. but from China GAAP reporting, we also need financial reports in RMB.
Leading ledger: 0L: For US GAAP,
1st local currency: USD
2nd local currency: Group currency profit center valuation -USD
3rd local currency:Group currency legal valuation -USD
Non-leading ledger: Z1 :For China GAAP
1st local currency: USD (should be same as leading ledger as SAP required)
My question is, how I could get China GAAP RMB report from SAP directly?
2nd and 3rd local currency of Z1 should be selected from currency types defined in leading edger.
If the solution is not available from 2nd and 3rd currency, are there any possible solutions?
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Thank you Sanil,
Your proposal is current configuration.
But now functional currency for China company is USD.
Since main business is settled in USD (According to US GAAP or China GAAP)
And it is allowed to set local currency in other currency rather than RMB.
So if local currency is USD, then it will be more accurate for FI postings.
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Hope I explained it more clear.
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Currency setup process in SPL ledger configuration

Hi All,
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Hi Max,
I've followed the information in SAP help exactly as given.... Anyway regarding the script to run the conv prog
*RUN_PROGRAM CURR_CONVERSION
CATEGORY = %C_CATEGORY_SET%
CURRENCY = %RPTCURRENCY_SET%
TID_RA = %TIME_SET%
RATEENTITY = GLOBAL
*ENDRUN_PROGRAM
The names mentioned to the left of the '=' sign represents the Dimension name as per my application right? and the names to the right of '=' sign represents the dimension members which have data loaded in the application for which we need to perform currency conversions ? Am i right ?
And just this piece of code can be pasted in the "Defaultlogic" file right?
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Currencies Consolidation ledger 09 (GLT3 Table)

Dear SDN Members
I have a problem with the third currency in the additional ledger 09 for consolidation (TCODE OCZ2).
For default the third currency is ledger currency (type 80), but I want to switch it for group currency (type 30), the problem is that the option is blocked to any change.
Does anyone know how to change it??
PS: I do some adjustment in group currency (TCODE F.05 "Foreign Currency Valuation"), balance account and these are not reflected at ledger 09.
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Ariel

Hi, Ariel:
Also interested in this question.
I tried in my system, since there is already transaction data, it is impossible to change ledger currency any longer.
I found that the table to store ledger information is T881, perhaps we can change it to group currency here, precondition is that no transaction data, otherwise, it will cause inconsistency.
Best Regards, Lawrence

HOW to include a reference currency fields in a view ?

Hello Experts,
<b>I am having Currency fields error in generic extraction</b>
I have table where I am trying to extract data to BW via generic extraction. When I tried
to extract with the TABLE its giving me an error
<b>Invalid extract structure template RPSCO of DataSource ZBW_REP3_TEST
You tried to generate an extract structure with the template structure RPSCO. This operation failed, because the template structure quantityfields or currency fields, for example, field WLP00 refer to a differenttable</b>.
Now I created a view with all the fields same as my table.
But its still giving me the same error and taking all the fields as a primary keys. I have over 12 currency fields in the table. I am confused how to fix this issue and add a currency field to my view?
hOW to include a reference currency fields in a view ?
All inputs are much appreciated.
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Harish

Thank you for your responce,
Can you please check my view and let me know where I am going wrong
View    Table   Field Dataele Data
field                    type                                            0
WLP01     RPSCO     WLP01     BP_WPL     CURR     15     Period value in ledger currency
WLP02     RPSCO     WLP02     BP_WPL     CURR     15     Period value in ledger currency
WLP03     RPSCO     WLP03     BP_WPL     CURR     15     Period value in ledger currency
WLP04     RPSCO     WLP04     BP_WPL     CURR     15     Period value in ledger currency
WLP05     RPSCO     WLP05     BP_WPL     CURR     15     Period value in ledger currency
WLP06     RPSCO     WLP06     BP_WPL     CURR     15     Period value in ledger currency
WLP07     RPSCO     WLP07     BP_WPL     CURR     15     Period value in ledger currency
WLP08     RPSCO     WLP08     BP_WPL     CURR     15     Period value in ledger currency
WLP09     RPSCO     WLP09     BP_WPL     CURR     15     Period value in ledger currency
If I add a
Table TCURC against any field what would be the view field and data element
Do I need to tick MOD?
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Kapadia,
If I do that its still taking all the fields are a primary keys and bringing 6 lakh records to where I originally have 49 records in a table
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Disable Gain/Loss calculation for Secondary Ledger (SLA)

Hi Apps Gurus,
Currently I have the following functional SLA requirement:
I need to disable the Gain/Loss calculation in Secondary (subledger type) Ledger for AR invoice receipts in local/ledger currency. Below is the example, as it works now:
In the source primary ledger, on the AR invoice Receipt, there is NO gain/loss line, when paying ledger currency invoice on different date. But in the subledger accounting for secondary ledger there is calculated Gain/Loss line:
Example with Invoice No: 77775 in Receivables:
o     Primary Ledger currency: AUD
o     Secondary Ledger currency: USD
o     Invoice currency: AUD
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-     GL date: 19-DEC-2012
-     Australia Spot rate for Primary ledger
Accounted_Currency=AUD, Entered_Currency=AUD
Revenue: Accounted_CR=4500.00 Entered_CR=4500.00
Recoverable Tax: Accounted_CR=450.00 Entered_CR=450.00
Receivable: Accounted_DR=4950.00 Entered_DR=4950.00
     Invoice accounting entries for Secondary Ledger:
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Accounted_Currency=USD, Entered_Currency=AUD
Revenue: Accounted_CR=4325.00 Entered_CR=4500.00
Recoverable Tax: Accounted_CR=435.00 Entered_CR=450.00
Receivable:     Accounted_DR=4760.00 Entered_DR=4950.00
     Receipt accounting entries for Primary Ledger:
-     GL date: 20-DEC-2012
-     Australia Spot rate for Primary ledger
Accounted_Currency=AUD, Entered_Currency=AUD
Cash: Accounted_DR=4950.00 Entered_DR=4950.00
Receivable:     Accounted_CR=4950.00 Entered_CR=4950.00
     Payment accounting entries for Secondary Ledger:
-     USA Spot rate for Secondary ledger
Accounted_Currency=USD, Entered_Currency=AUD
Cash: Accounted_DR=4855.00 Entered_DR=4950.00
Receivable:     Accounted_CR=4760.00 Entered_CR=4950.00
Exchange Gain: Accounted_CR=95.00 Entered_CR=0.00
And we do not need the Gain line, despite the Receivable account would not be closed for this AR Invoice in Secondary Ledger.
Is there any option, functional setup in SLA, to disable calculation of Gain/Loss in such cases?
Many thanks in advance!
Krasen

Hi Ivruksha,
Thank you for looking into this case.
Of course if the Invoice was in foreign currency, there have to be a Gain/Loss line in the Primary Ledger.
But provided that in the Primary Ledger for NON-foreign currency invoice there is no FX lines, we don’t need such in the Secondary Ledger too. It’s a quite strange requirement, given the fact that the Receivable account balance will NOT be closed for this Invoice in the Sec. Ledger:
Dr: (Invoice) 4760.00$ and Cr: (Receipt) 4855.00$
So on the receipt I need the following acc. Entries for the Sec. Ledger (USD)
Dr: Cash 4855.00$
     Cr: Receivable 4855.00$
It is normal to have such functional behavior, provided that for the similar case in Payables there is NO FX line. See the example with AP Invoice in Sec. Ledger (USD):
Invoice GL date: 19-Dec-2012
Dr: Item Expense 4500.00 AUD / 4725.59$
Dr: Recoverable Tax 450.00 AUD / 472.56$
Cr: Liability 4950.00 AUD / 5198.15$
Payment Gl date: 20-Dec-2012
Dr: Liability 4950.00 AUD / 5184.46$
Cr: Cash 4950.00 AUD / 5184.46$
Fully balanced acc. entries, while the Liability account is definitely not closed from the both GL entries, which is accepted for the Secondary Ledger.
Hope this clears a bit more the case. I’ll appreciate any useful suggestions.
Of course the using “special” account code combination for recording the FX Gain/Loss in Sec. Ledger in the Account Derivation Rule as an workaround is a good option, if there isn’t any other.
Thanks and regards
Krasen

Multi currency reporting in Projects

Hi,
We have created a custom report for giving the overall project status. The data is captured primarily from RPSCO, QMEL, COEP, COSS and COFP tables. Now our company is going for global rollout and include GBP currency in addition to USD. Whne I tried to change my report database to read all values in object currency, I am facing difficulty in RPSCO table. In this table values are populated under different ledgers when the currency is different. My problem is that the ledger number is not same across all clients.
Is there a way to get object currency from RPSCO like COEP... tables? Or I need to capture data from BPVG.. tables to get the object currency? Pls help..
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Raghu Kumar

Hello,
If the object currency is other than the controlling area currency, then the system posts the values in the object and controlling area currency ledger. So this is a part of key field in RPSCO.
If you want to show the report values in object currency, then choose the record from RPSCO with the ledger of the object currency, similarly for controlling area currency, and then display the values of the fields 'Value in ledger currency' from this table.
you can use the FMs
CATT_KBPS_FIND_LEDGER
KBPS_FIND_LEDGER
or the table TPB0L to find the corresponding ledger for your currency.
I hope this should solve you issue.
regards
Narasimhan

Foreign Currency - Revaluation / Translation

Hi:
I wanted to discuss and understand the best practice for foreign currency revaluation and translation routine.
This is how we do and configured the revaluation / translation routine:
Valuation Area:
SG for revaluation - Currency Type 10 (Local)
S2 for translation - Currency Type 30 (Group)
Valuation Method: EVR (Always Valuate)
In the ledger currencies for 30, "Translation taking transaction currency as a basis".
Plus other coniguration for account determination (both revaluation and translation). - OBA1 and "Define Account detemination for currency translation".
Based on this configuration, we run following transactions at month end:
Revaluation: FAGL_FC_VAL using S2
Translation: FAGL_FC_TRANS using SG
So what it does is, it revalue document currency into local currency and then translate document currency into group currency.
Ideally, what should be as per GAAP is: Revalue document currency into local currency and then translate local currency into group currency.
In our configuration, we are not able to translate out of local books. The configuration translates from document currency to group currency.
Are we missing anything in the configuration or this is standard? What is the best practice or how other companies are running the revaluation/translation routine?
Scenario is:
Document Currency: AUD
Local Currency: GBP
Group Currency: USD
Please advise.
Thanks.
Rahul

As per US GAAP, FASB 52 -
Step (1):-
Re-measurement - Revalue all the balance sheet accounts/open items with 'Document currency' other than 'Local currency' based on spot rate and post this difference to a P&L account (Unrealized Exchange Gain/Loss Account) in 'Local currency'. Do not impact the 'Group currency' here.
Step (2):-
B/S Translation - Revalue all balance sheet accounts from 'Local currency' to 'Group currency' based on the spot rate and post the difference to Cumulative Translation Adjustment account (CTA) in 'Group currency' only. CTA is balance sheet account.
Step (3):-
Unrealized Exchange Gain/Loss Translation - Revaluate the P&L account that's been used in step(1) for exchange differences, from 'Local currency' to 'Group currency' based on spot rate and post the difference to Cumulative Translation Adjustment account (CTA) in 'Group currency' only.
Notes:-
1) Equity and retained earning accounts are never revaluated.
2) CTA account is grouped together with Equity accounts in reporting.
Regards,
Ganesh

Group currency update problem

Hi FICO gurus
We have a problem of group currency update.
We have company code currency GBP and 2nd local currency activated (Group currency) also in GBP.
Now when we do postings in FI, some of the FI documents are not updating 2nd local currency amount (Group currency).
Hence while clearing the 2 or more line items in the same GL account we are having a problem of exchange rate fluctuations in group currency.
Does any one know why some of the documents are not updating group currency?
Do we need to really maintain OBA1 configuration (exchange rate derivation)?
Thanks for your reply
Mr GK

Does the ECCS ledger include group/ledger currency in the definition (CXL2)?
Another thing to check is that if the desired GC values are loade in before the translation. If so, the translation method can be changed to "do not translate" for certain items such as the P&L items. This way the values are not changed from the original ledger CAD values as a result of translation.
Edited by: Dan Sullivan on Nov 16, 2011 8:18 AM

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
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