Not able to post exchange rate difference in GL account configured in OBYC-

Hi Guys,
As per my client requirement, We need to post exchange rate difference(PO & in IR) in GL account. I have configured setting in OBYC - Transaction key is KDM. Also i have selected check box for company code, at spro>MM>Logistics Invoice Verification>Incoming Invoice>Configure How Exchange Rate Differences Are Treated.
Still system is not able to pick the GL account which is defined in OBYC.
Please help.
Steps i have carried out:
1. Assigned GL account in OBYC, Transaction key KDM
2. selected check box for company code, at spro>MM>Logistics Invoice Verification>Incoming Invoice>Configure How Exchange Rate Differences Are Treated.
3. Post PO (with some exchnage rate say 1.25)
4.Post MIGO
5. POST MIRO (Exchange rate is 1.50), Here when i simulate or post, the GL account is not picking to post difference.
M i missing any config????
I appreciate your help a.s.a.p,.
Thanks
Akshay

According to me, system wont calculate exch rate differences during MIRO.
Please make sure that, you have not selected the Exch Rate Fixed check box in PO header part, next to the exch rate field.
MIGO Entry:
Inventory/Expense Dr 100USD   5000INR
GR/IR......................Cr 100USD   5000INR
MIRO Entry:
GR/IR......................Dr 100USD   4700INR
Vendor....................Cr 100USD    4700INR
In this case, system will create 0 USD & 300 INR for forex diff gl line item, when you clear the GR/IR open items only.
Assume INR is your LC.

Similar Messages

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 asset

Hi,
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 differences for GL Account Bank clearing

Dear Experts
when I run revaluation with exchange rate differences for Gl account bank clearing, why incoming payment transaction do not include in the calculation ? because of this, the balance have the wrong value
really appreciate your help
Best regards
JeiMing

Hello JeiMing,
Please reference to the following Note at link https://service.sap.com/sap/support/notes/1041007 for a detailed explaination on this Exchange Rate difference issue.
Hope this is helpful.
Regards,
Xu Zhang
SAP Business One Forums Team

Exchange Rate Difference in BP Account balance

Hi Experts,
I am facing a problem, what i did i raised a outgoing payment for vendor $1000 and the exchange rate is 50 Rs, after that i did AP Invoice for $1000 and the exchange rate is 51 Rs for the same vendor. After that i linked the AP Inv to that particular Outgoing Payment.
So, the balance of BP is showing -1000 rs, after that i did currency conversion in that i added the transaction automatically it is passing a JE in that it is debiting the party and crediting the forex fluctuation account and it is showing in SC and in LC it is showing INR 0.00. But the balance of BP remains -1000 only.
How to get the BP balance to Zero, as it should be zero only.

Hi Murtuza,
It seems that you run conversion differences if you get a posting in only SC.
To adjust exchange rate differences you should run Exchange rate differences alternatively do the posting manually.
Please note that the suggestion you will get is for the full BP balance, by double clicking the line you can get a specified result of what transactions are being regulated and also select what should be posted and what shouldn't.
It is important that you include any exchange rate journal in the reconciliation if it belongs to those transactions, or it might be posted again.
Hope it helps,
Jesper

GR / IR exchange rate difference hitting Asset account

There is exchange rate difference during GR and IR , While posting invoice this exchange rate difference getting posted to Asset , which should not happen , Should get posted to Exchange rate Gain /loss account
Please help me how to resolve this issue .

Hi:
Please check account assignments in OBA1..KDF ,,See if GRIR clearing accounts have been maintained there or not. If not then they should be maintained there . Further double click after maintaining account there and there you will have to assign GL account for exchange rate gain and loss . Also check in OBYC the assignment of GRIR clearing account,
Regards

Only reseting the cleared documents with exchange rate differences in FBRA

Hello,
we want only reset the cleared documents . We dont want to reverse the cleard documents. But When we try to do it we get a message Exchage difference are posted do you want to reverse it. Want we want to reset are in Doc.. currency. postings for August.
As i know when we have exchange rate difference we dont get an option only resettng but we get reseting and reversing.
May i know how to slove this situation.
Thank you
Chaithra

HiI
f you set this selection field then the settings in the ERD Setting column for this currency type are no longer relevant. The system calculates and posts exchange rate differences between order-related goods receipts and invoices not just for materials with standard price, but also for:
Materials with moving average price
Account-assigned transactions
Planned delivery costs
The valuation of the inventories or consumption is effectively done at the exchange rate for the goods receipt, and not at the exchange rate of the invoice. When you post the good receipts, the fixed exchange rate from the purchase order is not used, but the translation of the purchase order values to local currency is always done at the posting date of the goods receipt.
If you are using the material ledger with actual costing, the system does not include the posted exchange rate differences at period-end closing in the actual prices of the materials.
Regards
Antony

Currency exchange rate differences in rebate agreement settlements

Hi Experts,
My customer has issue in Rebate agreements and final settlements.
ISSUE:
Rebate agreement currency is EUR
Billing document currency is EUR
Company code currency is SEK
Initially ( Before final settlement)
The accrual amount in sales volumen 3151.05 EUR
the accrual amount in drill down 3152.05 EUR
After Final settlement
The accrual amount in sales volumen 2.62 EUR
the accrual amount in drill down 3152.05 EUR
The accounting documents shows after final settlement
customer A/c 3151.98 EUR credit
Expenses A/C 3151.98 EUR debit
Accrual A/c 3149.43 EUR debit
Expenses A/C 3149.43 EUR credit
The difference of 2.55 EUR is due to currency differences.
there is no retrospective rabte processing .
Kindly give your expertise resolve the issue of currency exchange rate difference in customer currency.
Immediate response is highly appriciated
Thanking you
With regards
Murali
Message was edited by:
Murali Krishna Lanka
Message was edited by:
Murali Krishna Lanka

HiI
f you set this selection field then the settings in the ERD Setting column for this currency type are no longer relevant. The system calculates and posts exchange rate differences between order-related goods receipts and invoices not just for materials with standard price, but also for:
Materials with moving average price
Account-assigned transactions
Planned delivery costs
The valuation of the inventories or consumption is effectively done at the exchange rate for the goods receipt, and not at the exchange rate of the invoice. When you post the good receipts, the fixed exchange rate from the purchase order is not used, but the translation of the purchase order values to local currency is always done at the posting date of the goods receipt.
If you are using the material ledger with actual costing, the system does not include the posted exchange rate differences at period-end closing in the actual prices of the materials.
Regards
Antony

Exchange Rate difference posting during MIRO posting

Hi ,
We are facing an issue for exchange rate difference posting during MIRO.
PO creation , GR posting & IR posting done on same date. Vendor in PO has different currency than company code currency. Exchange rate maintained in OB08 for this period is taken in PO.
PO value & GR value is same. Due to raw material cost there was price difference posted during GR posting.
(i.e. Raw material cost - GR/IR value = Price difference amount)
During posting MIGO, 3 accounts got posted.
Raw material cost account got debited & offset credit to GR/IR account & price difference account (in vendor & company code currency also)
During posting MIRO, 4 accounts got posted.
Vendor account got credited with GR/IR amount & offset to GR/IR account debit.
Exchange rate difference account got credited & offset to price difference account (in company code currency only)
Since PO creation , GR posting & IR posting done on same date, then why system has posted exchange rate difference account in local currency only during MIRO posting ?
Your inputs appreciated.
Thanks & Regards

Hi,
there is a setting in configuration of logistics invoice verification where you can control the calculation and posting of exchange rate differences. If you had the setting active that exchange rate differences are calculated against a planned exchange rate, that might lead to the kind of postings you describe. Please check.
best regards, Udo

Exchange rate difference in f-03

Hi all
pl. help me. I am not able to clear open item in f-03 which is maintained in BRL. I am posting payment in usd. the error reads:
Ex.rate diff.accts are incomplete
Diagnosis
The accounts for posting exchange rate differences could not be determined. For the specified G/L account and the specified currency key, the accounts are only specified incompletely. Either the accounts for the implemented exchange rate difference, the accounts for the valuation differences or the balance sheet adjustment account are missing.
System response
The system cannot generate the exchange rate difference posting.
Procedure
By pressing ENTER, you achieve that the document is reset to a status without automatic posting. In another window, you can complete default settings for exchange rate differences and post the document afterwards.
I have called transaction OBA1, and entered the GL a/c and currency BRL. Even i cannot save it says
"Enter line items first or choose open items"
pl reply friends urgently
Thks
uma

Hi Uma,
Exchange Rate has been defined both the end. Like INR = USD and USD = INR.
Here you are not yet defined GL account for Exchange Rate Difference account (Gain or Loss).
T.Code OB09 Define G/L , Currency and Currency Type.
Before that you would have the GL account please create in FS00.
Hope it will help you.
Regards,
Sivakumar Sathiyamoorthy
+919916131375

Exchange Rate Difference Error

Hi,
While posting payment through F-58, we are getting below error :
Ex.rate diff.accts are incomplete for account 0010500400 currency INR
Message no. F5063
Diagnosis
The accounts for posting exchange rate differences could not be determined. For the specified G/L account and the specified currency key, the accounts are only specified incompletely. Either the accounts for the implemented exchange rate difference, the accounts for the valuation differences or the balance sheet adjustment account are missing.
System Response
The system cannot generate the exchange rate difference posting.
Procedure
By pressing ENTER, you achieve that the document is reset to a status without automatic posting. In another window, you can complete default settings for exchange rate differences and post the document afterwards.
Proceed
However, all the necessary settings are made in KDF & KDB. Here we are processing payment for local vendor & the PO, GR, IR is done in INR then at the time of processing payment its giving above mentioned error. We are unable to understand that why system is asking for exchange rate difference account. Please suggest as the issue is urgent.
Regards,
Varsha

Hi Varsha,
As the message mentioned in detail, please check your configuration in tcode OBA1 again.
For Transaction type KDF, you double click to your GL account, and maintain the Valuation loss/gain, balance sheet adjustment in there.
For your ref:
You can read more information about this error in SAP note 12962 - Clearing Foreign Currency Items
https://websmp130.sap-ag.de/sap(bD1lbiZjPTAwMQ==)/bc/bsp/sno/ui_entry/entry.htm?param=69765F6D6F64653D3030312669765F7361706E6F7465735F6E756D6265723D313239363226
Regards,
Julie

Exchange rate difference in SAP MM

Hi experts,
Is there any way to bring the exchange rate difference at time of invoice to some other account rather than stock account.
The scenario is; for eg.
in PO : 1 USD = 50 INR
@ GRN 1 UDS = 55 INR
@ INV 1 USD = 60 INR
At the GRN, inventory will be updated with 55 INR.
At the INV, system will value vendor at 60 INR, but in Standard SAP, the difference of 5 INR will be updated as below.
1. exchange rate diff. will be posted to stock account if available stock qty is >= invoice quantity
2. exchange rate diff. will be posted to exchange rate diff acct (as per KDM) ,if available stock qty is 0
3. exchange rate diff. will be posted propotionately to stock account and exchange rate diff acct (as per KDM) ,if available stock qty is < invoice quantity
Is there any way, that system will post the exchange rate difference to separate account , rather than inventory.
It is because in client audit, the audit concern say, according to Indian standards, inventory should be valuated only one time in imports. In case of any differences, it should post to separate account and not inventory. They say SAP allows that. Client asked us the same.
I have checked, OMRW, but even after giving 'N' in ERD setting, system is posting to stock account only.
Any way to meet this??
Regards
sBk

Dear Sujith,
Exchange rate differences for a moving average price material will be
posted to the stock account, provide there is sufficient stock coverage.
Transaction OLMR -> Incoming invoice -> Configure how exchange rate
difference are treated.
If you set this selection field then the settings in the ERD Setting
column for this currency type are no longer relevant. The system
calculates and posts exchange rate differences between order-related
goods receipts and invoices not just for materials with standard price,
but also for:
* Materials with moving average price
* Account-assigned transactions
* Planned delivery costs
Because of this setting the exchange rate differences are posted to KDM
account instead of stock (BSX) or price difference (PRD) account
If you uncheck the field, exchange rate differences will be posted to
the stock or price difference account, for a moving average price
material, based on the stock coverage.
Please refer Sap note 980402 in detail
regards,
lalita

Exchange Rate Difference Accounts are Incomplete

There's a situation where the user is trying to clear the transaction using F-04 for clearing outgoing checks account in CAD. however the system gives a message "Ex rate diff. accts are incomplete for account 1100000 currency CAD".
This situation exists only in Production and not in QA or DEV. However, there is no configuration change between PRD & QA,
There is account configured for ExchagenRate difference realized in OBA1 for the reconciliation account 2100000, same as in QA and DEV. not able to figure out where is the issue.

Hello
As per the message you need to maintain the exchange rate differences for th account 1100000.
if there is no exchange rate difference then system wont give that error message, in quality and development exchange rates are not maintained daily thatu2019s the reason it wont give the error message
please maintain the exchange rate accounts for the account either with currency CAD or without any currency will resolve the issue
Thanks
Kameshwar Rao

Unplanned delivery cost & exchange rate differences in MIRO

Hi Gurus,
while posting MIRO, I am facing the following problems. If anybody gives me reply, it will be a great help.
1. Unplanned delivery cost:
Client requirement is, these unplanned delivery costs should be added on material only.
how we can map this? how system behaves when stock is there and not there? also tell me which G/Ls will trigger.
2. Exchange Rate:
I maintained exchange rate in OB08. while doing MIRO, how system posts exchange rate differences.
which G/Ls will trigger.
in case of conditions like customs duty, cess etc how system will behave? which G/Ls will trigger?
Thanks in advance
KK

Hi,
According to first question:
For unplanned cost You have configuration for plant code:
Configuration: SPRO->MM->LIV->Incoming invoice->Configured how unplanned delivery cost are posted
You have 2 options:
- Distribute among invoice items
- Different G/L line
You have another option, You can assigne this cost for item when You use fright cost condition in PO (FRA/FRB)
If the stock will be available, then system incrase valuation, If not will be deviation.
G/L account for unplanned cost is taking from PRD(for Distribute among invoice items) or UPF(for Different G/L line) transaction from OBYC tcode and for FRA/FRB condition is FR1.
Question 2:
Configuration: SPRO->MM->LIV->Incoming invoice->Configure How Exchange Rate Differences Are Treated
G/L account takes from KDR transaction from OBYC tcode.
Regards
Lukasz

Basic questions about Exchange Rate Differences

Hi Experts?
I have few questions about exchange rates:
1. Currently in 2007, under what circumstances are exchange rate differences not posted automatically? In the previous version, it was this case when invoices are linked to payment, and manual exchage rate differences had to be run.
2. What are unrealized exchange rates? and When do unrealized exchange rates occurs?
3. In account oo logical pinciples, why is there a need to auto reverse Exchange rate differences or Conversion rate differences during the opening of a new posting period??
Much Thanks!
Warmest Regards,
Chinho

Hi Chinho,
you may find useful info in this wiki:
[How does SAP Business One deal with Realised and Unrealised Exchange Rate Differences? |https://wiki.sdn.sap.com/wiki/pages/viewpage.action?pageId=60654139]
& also these 2 EES:
[Exchange Rate Differences|https://psd.sap-ag.de/PEC/calendar/html/recording.php?hck=7a4f07ef7ac81ec31e04d55faffe33bdde93ec2398c338760e0d98adab7ba5acf2c39b2da1782f45e8a5a4d337dedcc647afebddd531782af42bafae98ce7ed5]
[Exchange Rate|https://psd.sap-ag.de/PEC/calendar/html/recording.php?hck=e5397f14c44f8df754617194051dab1ad38f59f08580406c2efd59aa4c0f71616713c2abe76bc503e08f2f5eda4863634f6fe99ad39d46c947c09623b91e53ca]
As a rule, in version 2007 it's the unrealised exchange rate differences on the BP side that are relevant since with the introduction of the unified internal reconciliation engine realised partial exchange rate differences are automatically posted. You also use the functionality to post exchange rate differences for FC GL accounts at a particular execution day.
All the best,
Kerstin

Exchange rate difference between MIRO and GR/IR

Hi,
Exchange rate difference between MIRO and GR/IR we need to written off as a expense for imported w/off expense and in case of assets we need to post exchange rate difference to exchange fluctuation account. Currently exchange rate difference is accounting under capital work in progress(Asset)instead of exchange fluctuation.
Thanks in Advance
Regards
Venkata Suresh

Hi,
At MIRO stage, after entering PO number system will automatically populate the GRN value for selection. Here if you found that invoice value, which you have received from the vendor, is more than the system proposed amount, then you can adjust that diff amount in the GL account tab, which is next to PO reference tab in MIRO.
There enter the exch loss GL account and enter the diff amount.
Thanks,
Srinu.

Not able to post exchange rate difference in GL account configured in OBYC-

Similar Messages

Maybe you are looking for