Multi-currency in Landed Cost

Hi Experts,
Can we create Landed cost transactions with more than one foreign currency?
Example:
Local & System currency is in Peso
Insurance- Euro
Freight- US Dollars
Other LC is in Peso
If not, do we have a work around for this requirement?
Many thanks.

Hi,
I have escalated this issue to SAp support because one of our customer requesting that and unfortunately, in the landed cost, we could only use one currency that is currency based on GRPO we used. IF you want to have more than one currency, you could use general ledger report or other report and use the currency you like in the revaluation screen by click revaluation button
Rgds,

Similar Messages

  • Landed Cost issue - Several supplier with differenct currencies

    Hi,
    A problem has occured while trying to create a landed cost document based on several GRPO's from different supplier and currencies. Basicly we enter the supplier code and go to "Copy From" button and choose the GRPO. The next step is to enter a new supplier code and go to "Copy From" button again. But when entering a new supplier code which does not have the same currency in BP Master data as the first one, it gives an error:
    "You cannot enter vendor with different currency"
    We have done this before, and I cannot find any information that this has been changed in SAP B1 9.0 PL08 HF1 (we just upgraded from 8.82).
    Any thoughts?
    Regards
    Kjetil Sandvik

    Hi Nagarajan,
    Thanks for your reply.
    I find it strange because we definitly have created landed cost document in this scenario before. Check the result of my query on a specific landed cost document below:
    This is docnum, cardcode(from oitm linked with ipf1 and oipf) and currency from ocrd(linked with oitm)
    When I try to add a new landed cost for exact same suppliers, I get the error message .....
    Regards
    Kjetil

  • Reversing Landed Cost document with more than one vendor

    Hi Experts,
    Reversing Landed Cost document with more than one vendor:
    My client can reverse a landed cost document with One Vendor, but cannot with multiple vendors. I have also tested this in 8.8 PL10. Here is a brief description:
    Created Landed cost by selecting 2 vendors in the Vendor field.
    After you picked one vendor, you go to the vendor code/name again then choose another vendor you
    need, once you picked, the system will ask you whether you want to delete the previous data, then
    you say no, after then you will see the vendor name became "different vendors" and code be "********"
    (on the vendor tab: you will see two vendors)
    To Reverse Landed Cost we do the following with Landed Cost documents that only have one vendor:
    I can copy from the Landed Cost document (on the right-bottom corner) while creating new one with
    zero amount to reverse, which is ok; but for multiple vendors, the list of vendors onlyshows one of
    the vendors for Good Receipts & Landed Cost.
    Cannot copy from a Landed Cost document wioth more than one vendor to reverse this Landed Cost.
    To be albe to copy from a previously created Landed Cost document (with multiple vendors) as you
    can with one vendor to reverse the transaction.
    Can this functionality be added to future versions?

    Take a look at business area and groupings in they payment program settings...
    I am not sure what version you are on but the following link for 4.7 should provide some valuable information...
    http://help.sap.com/saphelp_47x200/helpdata/en/01/a9be64455711d182b40000e829fbfe/frameset.htm
    http://help.sap.com/saphelp_47x200/helpdata/en/01/a9be64455711d182b40000e829fbfe/frameset.htm
    Grouping Open Items and Individual Payments
    Wherever possible, the payment program will always group items together for payment.
    The payment program can only group together open items for payment if the open items in an account have the same:
    1. Currency
    2. Payment method in the item
    3. Bank in the item
    4. Contents of the grouping fields (if a grouping key is specified in the customer or vendor master record)
    You can also pay open items from different company codes together, as well as customer and vendor line items.
    Items in an account are not grouped together if you:
    1. Make payments separately per business area. This procedure entails separate payments being created per business area.
    2. Want to make individual payments
    Items in which a payment method is specified are not grouped with items in which no payment method is specified.
    You define the required grouping key in the IMG for Financial Accounting under Accounts Receivable and Accounts Payable -> Business Transactions -> Outgoing Payments -> Automatic Outgoing Payments -> Payment Method/Bank Selection for Payment Program -> Define Payment Groupings.
    In our system, if the business area is the same, there will be one ZP document with one line with a posting key of 25. Otherwise there will be many individual 25 posting key lines with.

  • Landed Cost error based Goods receipt note

    I have the following scenario at a client trying to post landed cost in US dollar against a GRN also in US dollar for a supplier set to US$
    The following message displays trying to post the landed cost: Transaction currency differs from BP or account currency:
    1) The supplier has been used numerous times before and is in UD$ currency
    2) The General ledger clearing accounts is also set to All currencies
    3) We also deleted all the lines on the landed cost document and with only one line on the document the message still appeared.
    Some of the items has been sold in the meantime and part of the offset posting will be posted to Cost of sales. The Cost of sales accounts is set to South African Rand. I thought that will be a problem and I have set them to various currencies and still could not post the landed cost document in US$
    I also upgraded from PL49 to SP1 PL05 and still the issue prevails.
    Any assistance will be much appreciated.

    You may check this thread first:
    Error Transaction Currency Differs - Goods Receipt PO
    Thanks,
    Gordon

  • Landed Costs in B1 2007 A

    Hi:
    In landed costs in 2005 we used to have a facility to allocate the landed costs and while passing a JV - we used to select the corresponding vendor to pass the necessary entry as an account by pressing shift tab.  The new version 2007 does not allow you to select the BP at all.  Is there a way when we import we will be able to pass entries to the vendor (for clearing and forwarding expenses invoices) and debit the corresponding clearing and forwarding expenses.
    regards
    Manian

    Hi
    I have gone through the documentation on landed costs and it is not that well drafted as is not conclusive.
    I have 2 problems:
    1. Previously in 2005 you used to add the landed cost and then later create and post the journal, now it seems that once you add it posts automatically.  Can we stop this in any way and work on the old method?
    2. Currency - in 2005 you would change the currency to USD for example when putting in the ocean freight amount etc and all other costs in USD and then change to local currency for all the other costs which are in the local currency.  It does not seem to allow you to do this anymore or is there some tab or button i need to change.  We need this function!
    Kindly assist as soon as possible.
    Regards,
    Shaun

  • Landed cost for Imports

    Dear Experts
    How to take total landed cost for a particular purchase in imports. In Single purchase order there may be multiple GRIR , But we neet to take cost for total po.
    Is there any particular report to take that please suggest.

    Hi Muniraj,
    Copy all POs and goto BSEG table paste all POs in Purchasing document column enter your company code execute.
    here you will get i all details like ur local currency as well as document currency. If you want to see the taxes then you need to copy all these accounting documents(BSEG table) and goto BSET table paste it and enter your company code and execute.
    if you need further deails.
    Kinldy let me know.

  • Landed costs and price differences

    I'm trying to figure out what PS does to adjust for total value discrepancies between an invoice voucher and associated PO. Say on my PO I have a line item with quantity of 2 and unit price of $10. Therefore total value is $20. When I create a voucher, that same line item is now 2x$11 = $22. I approve that voucher for $22. Now I run the Extract Landed Cost batch process. What does this process do to "compensate" for the difference between voucher and PO? Does it change the unit price of that item in inventory from $10 to $11?

    Hi, yes you are right: Using this approach ML would use price differences for other batches and increase their value instead of posting them as loss like the initial cost.
    The way around that would be to post some unplanned material good receipt for the loss production order, e.g. a material called scrap. In account determination you might make sure that these materials have own stock and price difference accounts that you could treat special in your balance sheet.
    This would be shown in ML like a joint production between the planned product and the scrap material and multi-level variances would be distributed using following an apportionment structure from material master.
    If it is difficult to maintain a reasonable apportionment structure you might implement BADI  cost_split described in note 997264.
    Also a good possibility would be to use a quantity-proportional split that can be derived from the ML quantity structure.
    I could provide an example implementation of that.
    best regards,  Udo

  • Exchange rate in Landed Cost

    Hi Dear;
    in landed Cost, if we enter the costs in a cuurency different than the document currency, always it multiply these cost by the exchange rate. why?
    exp:
         Document currency: USD
         Local cuurency: Eur
         Exchange Rate: 1USD=0.9 Eur
         if i put the Landed cost=100 Eur it changes to 100*0.9=90 USD which is wrong.
    why???
    regards;

    Hi Dany
    it seems an Application Error
    check this SAP Note if it is helpfull  1317291 
    914452
    811680
    Thanks
    Rizz

  • Doubt on Landed Cost

    Hi all,
    I came across a report named Landed Cost in one of my client instance in inventory module.Is this a standard report?
    If so,why don't i find it in other instances?
    Any help is appreciated,
    Thanks in advance!!

    Hi Marcia,
    As per current release that would be immpossible. All cost should be revaluated into one currency.
    Cheers

  • Fixed Asset procedure For acquirsion Throught Landed Cost

    I Have To Import A Fixed Asset From Foreign Vendor.But How Can i Able Charge Landed Cost To That Asset.means Simple Landed Cost procedure just Cost the Charge to Inventory item But How To Fixed Asset
    Regards
    Naveed

    Naveed,
    Landed cost only supports inventory item in current system design.  You need to do it manually for Fixed Asset.
    Thanks,
    Gordon

  • Landed Cost not showing in Inventory Audit

    I have a query that goes against the OIPF/IPF1 tables to locate all Landed Cost transactions for a particular item. To test/verify the query, I ran the Inventory Audit report for the item. There are transactions returned from the query that do not show in the Inventory Audit report. Is there any reason or circumstance under which a Landed Cost Transaction would not show in the Inventory Audit report. I checked against all warehouses. This does not seem to be a singular event in that I have found random occurences of this for different items yet the majority of the time the Audit Report returns all entries.

    Dear Cristian
    Please check the Following things.
    1)First check audit report for a Single Product.
    2)Select all warehouse in Audit report.
    3) Check you landed cost entry if your JV not pass in landed cost, so landed Cost not reflected in you audit report. (Auto JV not pass in SAP 2005 Version)
    Please check and Let me Know.
    Regards
    Mangesh Pagdhare.

  • To add cost in already posted Landed Cost document

    Hi experts,
    i have created an landed cost against an GRPO and added my other costs against the GRPO, and then i have made an A/P invoice against the document, now my GRPO has been closed and the payment to the party has been done.
    Later to add some cost against the landed cost, i am trying to use the landed cost option under copy from button by selecting the same vendor. but the earlier landed cost entry is not available for selection.
    Kindly guide me with this process.
    Regards
    Pradeeo

    Hi,
    It is not possile to change the posting period in a posted document, alternatively you can park the document form the external system and it can be posted in SAP after review by the user.
    Thanks and regards
    K.R

  • Dunning letter with multi currency

    Hi
    How to set dunning letter with multi currency.I have this customer that have multi currency transaction.How do i set the dunning letter to show multi currency value.Thanks

    hi mohd rizal,
    in dunning note configuration itself set the currency as USD. then it takes the local currency depending on the application. then it works for multiple currency's. bcoz it automatically takes the local currency.
    hope u get what im saying. still u have any doubts, get me back.

  • How to reverse landed cost on open A/P Invoice

    Dear Support
    Please be so kind to assist wiht the following issue: I need to reverse landed cost from a open A/R Invoice #  72223
    Purchase Order #  125025
    Goods Receipt # 16426
    Landed Cost 15332
    A/P 72223
    If i select the A/P invoice and copy to A/P Credit memo and preview the journal remarks first, the following error occurs
    "Quantiy falls into a negative inventory"
    My Question however are if I do proceed with this function, will this rectify the landed cost?
    Please view the screen shots attached for investigation as well as the journal remarks on each document
    Inventory Posting List:
    The reason for not posting to the stock account is because the AR Invoice was been done before the landed cost has been processed:
    At the time of landed cost there were no stock on hand, this has been the reason why the amount has been posted to the Price difference ledger account  and not the stock account.
    Your response will be much appreciated
    Kind regards,
    Ilze Fourie

    Dear Nagarajan
    Thank you for your response, much appreciated!
    Attached please find the screen shots
    Kind regards,
    Ilze Fourie

  • Landed costs can not get Goods receipt PO when Goods return made

    Hi, everybody
    I need to calculate landed costs and it seems that I can not use when I built a Goods return.
    My procedure as follow ( ps: the same vendor number)
    1. created a PO then Goods receipt PO (docNum says 1111) which included 20 quanties for item no AAAA.
    2. created a Goods return which Copy from Goods receipt PO no: 1111, which included 5 quanties for item no AAAA.
    3. next, I try to caculate my Landed costs. I open a new Landed costs and click the button "Goods Receipt PO", but I can not find any Goods receipt PO no: 1111.
    What can I do to caculate my exactly landed costs & Goods receipt PO no: 1111 that included 15 quanties?
    Thanks for your help

    When you only Returned partial goods from your Receipt.  The Receipt should still be open and you should be able to process the Landed cost. I am not sure why the GR is not showing in the landed costs window.
    Please check if the GR is closed by an AP Invoice / by itself.
    Otherwise, you will need to process AP Goods Return for the remaining 15 and process a New Goods Receipt for 15.
    Regards
    Suda

Maybe you are looking for