New G/L - deactivate a parallel currency

We are working with FI New G/L and defined our ledgers with 3 parrallel currencies:
- company code currency
- global company currency
- group currency.
We are in production and found out that we don't need the values in group currency and we would like to deactivate the group currency for our leading and non-leading ledgers.
However, when trying to remove this 3rd currency in the configuration, we get an error message that we cannot change the currency type anymore since documents have been posted.
Is it not possible to deactivate a parrallel currency ? It is possible to activate one retroactively but the other way around ?
Thanks for the advice,
Annemie

Hi,
If you are in PRD system it is not possible to change Group currency. Documents will become inconsistent and unusable.
The currency group is defined at tx SCC4 and is used for all companies in the Client to have common ground in monetary terms.
If you are changing the Group currency it can only be done at the beginning of the implementation project, when nothing has been done into the system.
Regards

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Creation of depreciation area for posting of parallel currencies postings

while i am posting f-90 asset e. auqsiation its giving error massage
"Customizing inconsistency (contact your system administrator)
Message no. AC496
Diagnosis
Company code BP01 manages parallel currencies in Asset Accounting. For each area that posts automatically online to FI, you have to define one dependent depreciation area that adopts both identical values and depreciation terms from depreciation area 01, and which is assigned to currency type 60 and currency INR. There is no depreciation area of this type defined for depreciation area 01.
Procedure
Check your Customizing settings."

Hi Venkat,
Create a New Depreciation area with APC Values and Depn values identical to Value 01.
Then goto valuation> currencies
Specify the Use of Parallel Currencies> and assign the currency type and valuation view to the new depn area. tick the identical values
then goto
Define Depreciation Areas for Foreign Currencies> give the parallel currency against the depn area
Now try doing the transaction.
Please revert back if you still have any issues.
Thanks,
Vamsi

Material master upload with Parallel currency

Hi,
I have done a good research on this forum to solve my issue. Could not find any and hence starting a new post. Hope to find a solution. Helpful answers will be rewarded.
Our company is using Parallel Currency (Hard Currency).
Whenever a material is created, the Hard currency is calculated automatically in Accounting 1 view
My query is:
While uploading the material master using RMDATIND, is there any way we can overwrite the Hard currency? I could not find any suitable fields to fill this value.
Alternatively i am thinking of using BDC on MM02 to change the Price unit and BDC on MR21 to change the standard price of the hard currency. Which seems very cumbersome.
Any good solution will be appreciated.
thanks in advance.

hi thr...
i tried searching ur query and founf this material
www.ficoexpertonline.com/search.cfm?session=&q=variances&fco=yes&page=2
letsc if it helps...
do reward and get bak if need any other help...

Currency revaluation in Parallel Currency

Hi,
Having set up parallel currency (currency type 40) in FI and FI-AA. Local Currency is CNY; Parallel Currency is USD.
As soon as a time lag exists between two activities i.e. incurring costs in January - settlement and capitalize costs in March a different translation rate is applied to CNY/USD. Therefore a difference in USD incurrs.
Is there a way to revaluate parallel currency differences within standard SAP?
Is there a way to post clear this difference manually in the parallel ledger in USD without influencing the main ledger in CNY?
Technical infos: SAP ECC 6.0 without new G/L

Hi,
first of all, you cannot avoid this differences, but this is completely OK.
Of course you can revaluate in currency type 40. The posting would be then like this:
(original account to be revaluated vs. P/L gain/loss account):
Amount in doc.currency = 0 xxx
Amount in company code currency (CT 10) = 0 CNY
Amount in hard currency (CT40) = xxx USD.
So only the items / balances in CT40 are changed, no impact on CNY.
HOw to achieve this: either you run F.05 (SAPF100) for currency type 40 (recommended) or you post manually in F-05, this transaction allows you to enter the value of 0 in any amount field (at least 1 amount, in this case, CT40 USD amount, must be of course greater than zero) without converting the doc.currency and/or local currency amounts immediately.
Hope that helps, points welcome
Csaba

Parallel Currency- Asset Accounting

Hi,
When I am trying to save the Purchase Order with Asset Account Assignment, it gives me following error message.
"Company code manages parallel currencies in Asset Accounting. For each area that posts automatically online to FI, you have to define one dependent depreciation area that adopts both identical values and depreciation terms from depreciation area 01, and which is assigned to currency type 30 and currency EUR. There is no depreciation area of this type defined for depreciation area 01."
I have browsed through configuration but not able to find whether to configure new area or not. Also, where we assign the currency type (Group or Hard currency) to the individual depreciation area?
Your help will be highly appreciated.
With Regards,
Chirag
Procedure

Hi All,
Please advise me in this regard, we have activated to parallel currencies one is 10 (company code currency) and the other one is 40(hard currency)and the same has been maintained for depreciation ares also,while posting asset acquisition the below error is coming this error i am facing in quality server, but the same settings was done in MAP but iam not facing any problem in MAP.
                                                                                Customizing inconsistency (contact your system administrator)
Message no. AC 496
Diagnosis
Company code 7014 manages parallel currencies in Asset Accounting. For
    each area that posts automatically online to FI, you have to define one
    dependent depreciation area that adopts both identical values and
    depreciation terms from depreciation area 01, and which is assigned to
    currency type 40 and currency INR. There is no depreciation area of this
    type defined for depreciation area 01.
Procedure
Check your Customizing settings.
Hence requesting you all kindly advise me in this regard.
Thanks & Regards
Sudeep.

Parallel currency valuation for material management

Dear all,
My comapny is maintaining parallel currency in company code in new GL, does this impact material management also.
Should we need to activate material ledger for parallel valuation in material management, but the company is not actually into production but it still require activation of material ledger.
Regards,

Hi Shilpa,
How I understand it using the U.S as my example:
In the first transaction code, in other words, F.05 or FAGL_FC_VAL are used if the currency in the transaction is not the same as the local currency of the company. For instance, U.S GAAP mandates companies to report their financial statements in local or functional currency. So let's say the transaction currency for a U.S company code is/was GBP. However, GBP is not the local currency of the U.S company code so you would to have perform foreign currency valuation with any of the above named transaction codes using the exchange rate of the key date specified at the time of the valuation. This valuation will then give you a gain or loss as a result of differences between the original amount and the revaluated amount.
The second transaction code FAGL_FC_TRANS valuates the balances or additional currencies. But to be able to run this second transaction code, you would first have to perform FAGL_FC_VAL or F.05 first (this is a prerequisite).
So even if you are to perform currency translation, you will still need to run FAGL_FC_VAL first.
Regards,
Elias

Deleting parallel currency not base currency in company code

Hi Guys,
I want to delete parallel currency not base currency in company code. We defined the new currency ZWP and our base currency is ZWD. I am able to delete through SPRO but in CO its saying we cannot change currency code again. Is there a way to go around the problem?
Best regards,
Stitch

Dear:
Check out currency assigned to the co code in OBY6.
Regards

Activate parallel currency in a company

I need to activate parallel currency in a company which is already in production. Anybody knows how to proceed??
thanks,
Cecilia

Hi,
Last year, I have worked on a similiar requirement. The requirement is to activate the group currency as the second currency in the system for a company which is already in the production environment. We have done quite detailed analysis to do it. Our plan was:
At one point of time before we bring the new configuration for parallel currency into production environment, temporarily make the balance of all accounts (open item, non open item) ZERO, then clear the open items, transport the configuration of parallel currency and bring back the account balances with not only at local currency level but also at group currency level. The company subject to change was a medium sized company and they agreed to only see the balances after the conversion. We shared our plan with SAP to understand if they would give support to usin any case if we face with a problem. Then they told us that that type of conversions can only be done by a special consulting team within SAP AG itself. Any change done and caused a problem in the production environment will not be supported by SAP.
As a result, instead of getting this special consultancy, we have decided to create a new company code with parallel currency activated and make it live at the beginning of the fiscal year and transfer the opening balances to the new company code.
You can contact with SAP to get more information about their conversion for a live company code. But my advise is it is not that much easy to activate this functionality when you are live. So be careful, take your time, share the company detail (which modules are in production, what is the volume of data vs.) with SAP and get their feedback.
Good luck.
Aysegul Gumus

Copy parallel currency depreciation area

Hi Gurus,
We are migrating to New GL. As a part of this, I am creating 4 new depreciation areas (one for LC1 in non-leading ledger - 61, One for LC2 (GC) in non-leading ledger - 71 and the other two for delta between 01 - 61, and 31-71). I have marked 71 depreciation area as identical and adopting values from 61. I want to copy the values from the existing group currency depreciation area(31) into 71 as I want 71 to be a replica of 31 and I do not want the system to again convert the LC1 into GC using historical rates and I want to avoid writing an LSMW as they are lots of assets. Can someone advice how I can copy over dep area 31 to 71 using AFBN. System does not allow 71 to reference 31 in OABC for take over of same values. Thanks.

Hi,
For a correct and simple parallel valuation scenario, please review SAP Note 1433535 which provides the necessary instruction how to create a ledger scenario, including parallel currency areas.
(For posting indicators and their meaning you can check KBA 1572318).
Please verify in your system and take into account the following information regarding ledger scenario logic: also, please refer to the standard ledger scenario logic documentation.
In short, this is a basic configuration of depreciation areas and posting indicators in asset transaction OADB:
                                         Posting to G/L         Ledger
Area 01 HGB                    1                             0L
Area XX IAS                     3                             1L (your ledger code)
Area YY (IAS - HGB)        6                             1L (your ledger code)
Same setup is valid for the other ledgers that you may have.
You should also beware that according to the ledger scenario logic: Acquisiton/transfer/retirement postings in area 01 go to ALL ledgers, independently of the setting in OADB (this is not an error).
The difference is posted through the derived area.
Here I list again the 3 most relevant SAP Notes listed in regard to creating a ledger scenario:
1433535    Parallel valuation: Ledger approach
1594311    Duplicate posting in non-leading ledger when APC tr
1572318    Meaning of field "Posting in G/L" in transaction OADB
Hope this helps you.
Best regards,
Brigitte

Remove Parallel Currencies

Hi,
I am creating a new cocode and I also need to Remove the parallel currencies. Does anyone know the exact path to remove it?
Thanks,
Roger

Hi
Check your setting in SCC4 and OB22.
You will be able to remove the parallel currency.
Thanks
Ashok
Award points if this is useful

Parallel currencies - alternative to local currency changeover to euro??

I would like to know if there are any alternatives to local currency changeover to euro?
Estonia will start using euro 1 January 2011 and we are helping an estonian company investigating alternativs to the euro changeover in SAP. I know that SAP has programs that can mange the conversion/changeover, but I would like to know the alternatives.
The company uses 2 parallel currencies today. The company code currency EEK (10) is the first local currency, the group currency (SEK) is the second local currency.
Is is possible to use the functionality of parallel currencies in OB22 in this case and set the EUR as hard currency (currency type 40)? Can this be done for a company already in production? Will we be able to see profit- and loss statements and balance sheets from day 1 after we have activated the new currency. Any problems with opens items?
Are the any other alternatives?
Could one stategy be to start at new company code with EUR as company code currency? I realize we have to copy the configuration and masterdata and transfer the balaces to the new company code. What other problems do you see with this alternative?
// Lotta
Edited by: Lotta Johansson on Oct 1, 2010 1:56 PM

Hi Paul,
There is no dual currency phase, I mean not in SAP (there is a mandatory dual pricing period from july 2008 to december 2009).
As of 01.01.2009, SKK will be replaced by EUR.
The swithover can be carried out as soon as the 2008 fiscal year books closing will be done in SAP.
Hope this helps.
Ben

Managing Parallel Currencies in Parallel Ledgers

Dear colleagues,
We use all three parallel currencies for the leading ledger in our project (we deal with SAP ERP ECC 6.0 with new ledger). And now we have to get one more valuation (4-th) in order to manage accounting in averaged rate of exchange. We were going to set a non-leading ledger with proper currency/valuation. But the point is that in accordance with sap documentation we can only specify the parallel local currencies specified in the leading ledger as parallel currencies in the non-leading ledgers. Alternative currencies are not possible.
In this way Special Purpose Ledger (FI-SL) seems more probable to solve our problem. But it is said that sap is not going to support FI-SL at some time in the future. Perhaps, you faced up a similar problem or you have some experience in this way or any idea will be much appreciate.
Thank you in advance,
Elena

Hi Elena,
It is possible in the future that the don't support FI-SL, but in 98 the say the same about BA that you have to use profit center accounting for the same reason that they don't want to support thisi in the futer (it is still there), the same is with CO-PA that this will be replaced in BW. But there a lot of (large) customers who are using this.
When SAP don't support FI-SL) longer then have to give an other solution. Perhaps BW? (transfer your data to BW and recalulated it there based on exchange rate). You can use this as option to!!!!!
Think about the concept R3 is only for tranaction data and BW for reporting
Paul

Parallel currencies in asset ccounting

Hi gurus,
I am configuring settings for parallel currencies in asset accounting.
i can not see my company code in step: define depreciation areas for foreign currencies (OAYH) and there is no new entries button too.
what might be the reason and help me to configure this step.
Regards,
Uma

Dear Uma,
Can you check below link which is giving you the clear picture on Parallel Currencies in Asset accounting so that you can easily find in your system where it went wrong.
http://scn.sap.com/docs/DOC-27100
Thanks,
Anil

How to delete the parallel currency of Company code

Hi,
I am facing some problem with parallel currency.now i need to delete the parallel currency.
kindly tell me the process to delete the parallel currency in the company code.
Thanks
Kishore

Additional currencies' assignment to company codes can be changed using transaction OB22.

Purchase price variance line item - not to be posted in Parallel currency

Hi All,
Scenario:
Transaction currency - SGD
Local Currency - INR
Parallel Currency 1 (LC2) - Group currency - USD
Parallel Currency 2 (LC3) - Global Company currency - INR
Import PO - MIGO - MIRO
PO is raised in foreign currency.
Material master price control is maintained in 'S'.
While doing MIGO, I am getting following accounting entries:
Stock a/c Dr.
GR/IR a/c Cr.
Price variance* a/c Dr.
*The price varaince is because of difference in my material price as per material master and PO.
If I go and check in FBL3N, I can see all the line items in Transaction, Local currency and 2 Parallel currencies.
My query is, In SAP is it possible to avoid Price variance line item posting to Parallel currencies.
To my knowledge I know that it is not possible to avoid a single line to post it to Parallel currencies.
Thanks in advance.

This is the answer from OSS
Dear Customer,
the system works as designed.
When Material Ledger is activated, price differences are always
generated under the circumstances you have described. The reason is
that when material ledger is activated, price differences must not be
included into the stock changes value, otherwise the system would
not be able to calculate an actual price.
When Material Ledger is activated, the customizing setting
for handling price differences in the subcontracting process has no
effect.
Best regards,
Santiago Lorite
AGS Primary Support, Business Suite & Technology u2013 Logistics

New G/L - deactivate a parallel currency

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