Multi currency payroll

Hi All,
Kindly need your help to clarify. My client wants to implement multi currency payroll process.
I've done some searching and come into conclusion:
1. Multi currency in payment can be done in IT0009. This one is clear.
2. Multi currency in IT0008 can be done using different pay scale area. I checked my configuration, and found that when creating the pay scale range, the currency box is Grey (cannot be maintained) and using default country currency. In some threads mentioned that they're using country group "99". Do we have to use country group "99" in order to enable multi currency? Or, is it enough to configure the currency from company code level? I also notice that we can configured payment/house bank/etc currency at company code level.
Thanks and Best Regards,
Febri

This will depend on what you mean by Multi currency payroll - Final payments to employee at many currencies? or simply valuate wages in different currencies but final pay in single currency. Each has its own meaning and complications. Allied question to this would be what is the currency in which these multi currency payroll need to post to FICO?  Though I haven't done a configuration for such a scenario, it makes me think in the foll lines -
If you want to Just pay in different currencies (valuate and post in home currency) - you could achieve them by setting the payment currency to the employee accordingly in IT0009. While doing the final payment, the DME program would convert to respective currency and make the payment but watch out for payment posting currency and RPCIPE00 posting currency.
If you want to valuate  (&post) and pay in different currencies   - Payment Currency is tagged at Company code level and personnel structures are attached to Company code. So if you have different personnel structures assigned to different company code with different currency set, you could achieve multi currency Payroll. In Short effectively this would mean so many Payroll area. One Payroll area can do in one currency only.
Hope this helps.
Regards
Chandra

Similar Messages

  • Multi currency payment program

    Hi Experts,
    how to implement multi currency payment program for international payroll. and also how to implement multi currency offcycle payments.
    give me some brief procedure, right now my client doing only one currency, upgrading to multi currency payments.
    your suggestions highly appreciated
    Thanks
    Sunny

    hi
    multi currency can be paid at pay sclae type and level
    plz correct me
    madhu

  • 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.

  • Need suggestion on Multi currency and Unicode character set use in ABAP

    Hi All,
    Need suggestion. In one of the requirement I saw 'multi-currency and Unicode character set experience in FICO'.
    Can you please elaborate me how ABAPers are invlolved in multi currency as I think this is FICO fuctional area.
    And also what is Unicode character set exp.? Please give me some document of you have any.
    Thanks
    Sreedevi
    Moderator message - This isn't the place to prepare for interviews - thread locked
    Edited by: Rob Burbank on Sep 17, 2009 4:45 PM

    Use the default parser.
    By default, WebLogic Server is configured to use the default parser and transformer to parse and transform XML documents. The default parser and transformer are those included in the JDK 5.0.
    The built-in WebLogic Server DOM factory implementation class is com.sun.org.apache.xerces.internal.jaxp.DocumentBuilderFactoryImpl.
    The DocumentBuilderFactory.newInstance method returns the built-in parser.
    DocumentBuilderFactory dbf = DocumentBuilderFactory.newInstance();

  • Multi-Currency Customer Receivables Aging Query

    Hello Everyone,
    SAP B1 2005 SP 01 PL 42
    We cannot produce customer statements for multi-currency accounts (CND & USD) through the Customer Receivables Aging report.  The report converts all FC to LC which is not useful to the customer.
    The statement must show the open invoices in USD and open invoices in CND so that the customer can pay in the appropriate currency.
    We are attempting to create a query to solve this issue and assign a PLD to execute the calculations, but cannot see the best way to execute the task.
    The customer account balance (displaying only unreconciled tans.) would be the most reliable data set (form 809), but it is not available as a table in the query manager.  Any other table suggestions?
    We would like to avoid building the query from scratch (collecting all open invoices, credits, payments etc...) to avoid error.  We would also like to avoid exporting the data as this is very time consuming.  Any suggestions?
    Thanks in advance,
    Tamara

    We have found it better to set up two customers where different currencies are transacted - one in each currency. That way you can produce a statement in each currency.
    I know it's not a perfect solution, but a good work around?
    The only way to get the data you need would be to use OJDT and JDT1 tables, but you would need to join to the reconciliation table as well (OITR?) to get open transactions.

  • Multi Currency application

    Hi All.
    I have created a multi currency application with only two currencies USD and Euro. But when i try to enter the data into the data forms through USD or Euro, i am not able to do that.
    But when i select local then it allows me to enter the data. I never created a local member and its not their in the dimension, so what is the significance of this local currency.
    Also, i created some currency conversion scripts and run them successfully but when i see data across Euro or USD it is the same data i entered into the local currency.
    Please guide as I am very confused.

    Have a read of this post :- Re: Read/Write functionality in Planning Data Forms
    Cheers
    John
    http://john-goodwin.blogspot.com/

  • Multi currencies in oracle hrms

    Hi ,
    I have one employee and he is from India and he is working in USA. and
    We have pay him 50% in India Rupees and 50% in Dollars and his total salary is 1,00,000 Per Month. Can any one send me the setup for the Multi currencies to my mail id : [email protected]
    Regards
    Chandra sekhar

    Yes, Essbase & Planning can do multiple currencies. It is more complicated to explain from an technical and setup perspective, but you can setup several ways depending on how the business wants to handle currency conversions. Planning has an option that will enable multi currency, but I would be careful and certain you want to do this. I only use this option if one of my requirements is that 1 entity member deals in more then one currency.
    Long and short of it is it can be done.
    regards,

  • OBIEE11g - Report Multi Currency Display (Static Data)

    Hi All,
    I have a requirement where i need to display amount data in multi currency format in OBIEE 11g like LCY and OCY format.User have to select the currency type like USD,YEN,EURO and resulting amount data in report should display in that currency format.
    Pls suggest me is it required to do ETL Changes i.e we need to load data in Database in multi currency format
    can we do this at Report level i.e can convert the amount in required currency format.
    Note: Spot rate is currency data it's loading by monthly its a static data.
    please refer my expected output screen short:
    http://imageshare.web.id/images/0dnlgxlvmhl7u5tdbac1.jpg
    (currently we are displaying one currency now we need to show multicurrency)
    Just FYI...
    joins:
    "GPC_DataMart"."GPC_DataMart"."dbo"."MX_SPOT"."OCY" =
    "GPC_DataMart"."GPC_DataMart"."dbo"."IW_POSITION"."ORIG_CURRNBR"
    AND
    "GPC_DataMart"."GPC_DataMart"."dbo"."MX_SPOT"."PPN_DT" = "GPC_DataMart"."GPC_DataMart"."dbo"."IW_POSITION"."Business_Date"
    here ocy & ORIG_CURRNBR is the foreign currency (i.e: USD,YEN,EURO etc)
    Calculation part:
    CASE WHEN "GPC_DataMart"."GPC_DataMart"."dbo"."IW_POSITION"."Product_Type" IN ('Bond', 'Bonds', 'Callable Bonds')
    THEN "GPC_DataMart"."GPC_DataMart"."dbo"."IW_POSITION"."Nominal_AMT" * "GPC_DataMart"."GPC_DataMart"."dbo"."MX_SPOT"."NON_DISC_SPOT"
    WHEN "GPC_DataMart"."GPC_DataMart"."dbo"."IW_POSITION"."Product_Type" ='Equities' THEN
    ("GPC_DataMart"."GPC_DataMart"."dbo"."IW_POSITION"."MKT_VALUE" - "GPC_DataMart"."GPC_DataMart"."dbo"."IW_POSITION"."CAPITAL_GAIN" ) * "GPC_DataMart"."GPC_DataMart"."dbo"."MX_SPOT"."NON_DISC_SPOT"
    END
    in the above calc amount * spot_rate
    I already refer the below one but it wont suite for my case:
    http://www.rittmanmead.com/2010/06/oracle-bi-ee-10-1-3-4-1-currency-conversions-fx-translations-part-1/
    http://gerardnico.com/wiki/dat/obiee/currency
    Thanks in advance
    Regards,
    Deva
    Edited by: Devarasu on Nov 16, 2011 3:13 PM

    Hi Deepak,
    our table will like below one,how we can calculate on fly calculation for this,
    in my dashboard MX_spot.ocy prompt column --> set request variable.
    how i can use this request variable in RPD-->BMM --> logical expression?.
    Table 1: Postion (Fact)
    PRODUCT_ID      ORIG_CURRNBR     (Nom+Capital+PREM_DISC_AMORTISE) Business_Date
    ========================================================================
    HKD T-NOTE 1312     CN1      48407.555               31/10/2011
    HKD T-N 07Y1402     HKD          -45000.23               31/10/2011
    Table 2: Mx_Spot (all currency with static rate)
    OCY     NON_DISC_SPOT     PPN_DT     
    SGD     0.1962748     31/10/2011     
    HKD     0.1605621     31/10/2011     
    CN1     1     31/10/2011

  • OBIEE Report Multi Currency Display

    Hi All,
    i have a requirement where i need to display amount data in multi currency format in OBIEE 10.1.3
    User have to select the currency type like USD,YEN,EURO and resulting amount data in report should display in that currency format.
    Pls suggest me is it required to do ETL Changes i.e we need to load data in Database in multi currency format
    can we do this at Report level i.e can convert the amount in required currency format.
    Pls suggest.
    Thanks in Advance

    Thanks for your answer.
    I found a solution I used virtual tables in the physical layer it will replace the views I had to create inside the DWH to handle this problem.and created the joins in the physical and business layer.then I had the result I wanted for reporting.

  • Multi currency support with java.util.Locale

    My project has a requirement to support multiple currencies as our first internationalization feature. However, I've come across something with the Locale class that doesn't really make sense to me, and I'm wondering if anyone else has any best practices or insight.
    Why can't you create a Locale knowing only the ISO 3166 code? For multi-currency support, it doesn't make sense that I should need to provide a language in order to obtain a Locale, which is needed to generate the proper NumberFormat (and in 1.4 the java.util.Currency) class.
    Is there an instance where the language one speaks is directly correlated to the currency that they use?
    Actually, it doesn't make much sense that you can create a Locale only from a language either, since if my user a Hispanic-American, the language would be Spanish but the country (and therefore currency) would be US.
    It seems to me that if the Locale class can default a country code based on the language, it should also be able to default a language based on the country.
    Given these limitations, is there a recommended best practice about obtaining a Locale without a pre-determined language?

    Hi,
    this was a bit of a bugbear for a long time. Currency kind of wound up inexorably linked to Locale for a long time because the way a currency was formatted depended on the textual layout of the language as well as the country, and as date formatting was an issue too, it was easier for them to implement it the way they did.
    It's been an RFE for a long time, and I believe the beta releases of Merlin carry a currency API that is separate from a Locale. The link to the RFE is below. Hopefully Merlin Beta will allow you to achieve what you want - it seems to be pretty stable from what I've seen of it, and Sun do have a good record when it comes to releasing stable betas, so I wouldn't panic too much about the fact you're developing on a "pre-release candidate" JDK.
    http://developer.java.sun.com/developer/bugParade/bugs/4290801.html
    Hope that helps!
    Martin Hughes

  • Multi currency

    Hi
    Does anyone have a document relating set up of multicurrency  and exchange rate difference ?
    I am currently testing an implementation of multi currency set up and testing how exchange rate  difference is treated in SAP b1 .
    So far ,I have found only e learning . I couldn't find EES  and wiki
    Can you please point me to the resource
    Thank you
    Bishal

    Hi Bishal,
    there is a lot of documentation out on currencies & FX behaviour. You could start with the EoP Wiki & some archived Expert Empowerment Sessions.
    To access the EES, go to the PSD calendar here:
    [https://psd.sap-ag.de/PEC/calendar/|https://psd.sap-ag.de/PEC/calendar/]
    Look for these EES:
    - Exchange Rate
    - System Currency & Foreign Currency are the same u2013 Why donu2019t they match?
    To access the EoP wiki, click on this link:
    [https://www.sdn.sap.com/irj/scn/wiki?path=/display/b1/faq|https://www.sdn.sap.com/irj/scn/wiki?path=/display/b1/faq]
    All the best,
    Kerstin

  • Multi-Currency in Configurator

    Hi,
    we have enabled multi-currency and i am trying to see the prices of configured items in different currency on Configurator. When i launch configurator with base currency price is displayed in configurator but when we launch configurator with other than base currency (Available from Multi-currency conversion list attached to the price list), i am not able to see the prices in Configurator.
    Please let me know if anyone worked on this.
    Regards
    GKK

    Check the following profile values.
    New Profiles: QP: Multi Currency Installed (possible values - Y or N in advanced pricing, N in basic pricing) New Concurrent Request: "Update Price Lists with Multi-Currency Conversion Criteria" New Tables: QP_CURRENCY_LISTS_TL, QP_CURRENCY_LISTS_B , QP_CURRENCY_DETAILS New column: CURRENCY_HEADER_ID in table QP_LIST_HEADERS_B
    Srini C

  • Multi currency set up

    Hi Experts ,
    I am planning to implement multi currency (use of exchange rate )for existing client that have  used SAP B1 functionality with out multicurrency .
    I have tested some of the issues so far i am ware of the problem that existing BP cannot be used for multi currency as they have already transacation associated with it .
    What other implication /complication are there ? Please share your experience in this
    Thank you
    Bishal
    Edited by: BIshal Adhikari on May 21, 2010 2:47 PM

    Hi Bishal.
    Most of our customers have the multi currency option available.
    Where bank accounts are held in FC, these need to be set in their single currency, otherwise reconciliation becomes difficult, but the accounts in local currency should be left as mulit to enable transactions to be completed between accounts.
    The Exchange rate differences routine should be run on BP for reporting, take care how it is applied on GL accounts though.
    Incoming & outgoing payments should have the actual rate applied when processing so the differences can be shown as realised at the time.
    That's all I can think of that we have come across...

  • OBIEE Multi Currency Conversion Question

    Hi,
    We are implementing BI with the Financials Dashboard and currently the default currency displayed is in USD$.
    We would like to add a filter for each dashboard and allow users to choose between 4 currencies:
    1. Local Currency
    2. Reporting Currency Daily (USD at Constant daily/monthly corporate rate)
    3. Reporting Currency Current Year (USD at Constant current year corporate rate)
    4. Reporting Currency Previous Year (USD at Constant previous year corporate rate)
    Please would you know the best way to add this filter and setup the solution in BI?
    Do we need to use Global Rate, Variables...?
    Thank you,
    Ben

    Hi,
    We input the data into currency member called 'Local' and based on the currency conversion it will be converted into reporting currency.
    If you want to enter the currency other than the base currency for an entity, you need to enable the option of enable multi currencies in Other options in the Manager dataforms. While inputting the values you need to give the currency after the value.
    Regards,
    tvmk

  • Multi Currency in One Incoming Payment

    Hi Dear;
    in sbo we can't create incoming payment with more than one currency in the ssame incoiming payment.
    i think it's better to have it.
    thank you Dear;

    Though the SBO system has an option of allowing incoming payment in multi-currency. The suitation you're talking is very rare and SBO has no answer for it, has will affect your cash flow statement.
    As all such things are discussed rite in the very beginnig i.e. even before execution of work, the user should post invoices accordingly.
    Assign points if useful.
    Thanks,
    Srikanth

Maybe you are looking for