Opening period & Closing, Exchange Rate Maintenance in PROD
as we all know the production is non-modifiable system, how we able to maintain the period & closing, Exchange Rate Maintenance in system. as the system give message "non-modifiable
Hi,
to continue to above suggetions, if you are not having authorisation in prod, then you close the period in quality server with new request and transport it to production. This is with the help of basis guy. make sure that the quality system is updated with production.
This will helps to solve your problem.
Assign points if useful.
Raghav
Similar Messages
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OBA1 exchange rate maintenance for the new accounts
Dear All,
The following three bank G/L accounts 1833280, 1833285 and 1833288 have been created in India Charts of accounts IN01 and extended to company AE10.
The G/L accounts can now be used in AE10.
Now tell me how can I make OBA1 exchange rate maintenance for the new accounts.
Please share your valuable opinions with me.
Thanks a lot in advance!!Hi,
The relevant transaction in OBA1 for the bank accounts is KDF.
Double click on KDF, a new screen will open up, where you do the following:
You enter the bank GL account here. If the account is to be differently handled at the level of the currency and currency type then you can further limit the exchange rate difference based on these 2 parameters.
Once you have entered the bank GL, save and then double click the bank GL account. A new screen will open up where you define accounts for the following:
The accounts below will carry the forex gain loss that you when you clear foreign currency transactions.
1. Exchange Rate difference realised:
Loss XXXXXX
Gain YYYYY
The accounts below will carry the difference while valuating you open items for
2. Valuation:
Val.loss 1 XXXXXX
Val.gain 1 YYYYY
Bal.sheet adj.1 ZZZZZZ
The accounts below will carry transaltion losses.
3. Translation
Loss
Bal.sheet adj.loss
Gain
Bal.sheet adj.gain
Cheers... -
Exchange Rate Type R - Closing Exchange Rate
Hello Experts,
I am current developing ABAP AP Aging reports. I would like to ask what is the reason for defining Exchange Rate Type (R) - month end exchange rate instead of using the Standard Average Rate M.
Thanks in advance.For exchange rate type R, you maintain month-end exchange rates in OB08 and revalue the foreign currency open items (AR & AP) and foreign currency balance sheet items into your local currency at the month-end rate. You daily transactions during the month are posted using the M rate. It is necessary to revalue the items I mentioned above at the month-end rate and report.
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Generation of balance sheet with closing exchange rate
Hi all
We have been using INR as the local currency and USD as the functional currency
all the reports are generated in INR and USD.
And as of now monthly average rate is been entered in the exchange rate table master.
But for audit purpose we need to generate balance sheet with the closing rate. how can we do the same in sap business one
Regards
FarheenHi,
Just use "Conversion Differences" function in Financials Module, this will convert INR into USD by posting adjustment JE.
This function is relevant for companies whose defined system currency is different from the local currency. SAP Business One recommends making journal entries automatically for differences in system currency. Use the Conversion Differences function to make adjustments between the account/business partner balance in the system currency and the balance in the local currency.
Hope this helps,
TVSon -
HI gurus,
I have fixed the exchange rate as 40 (say) in the PO header.
Now when I do Migo after miro, it throws the following error;
Enter rate USD / INR rate type B for 06.09.2007 in the system settings
Message no. SG105
Diagnosis :For the conversion of an amount into another currency, an entry is missing in the currency conversion table.
Procedure
Add the missing entry in the currency conversion table.
Execute function
You can then continue to process the commercial transaction.
When execute this function, it goes to OB08.Even after giving the rate also for 6th Sep,unable to post MIGO, Please help .
Thanks
KumarHi James,
The SAP NetWeaver MDM discussion forum is not the right for your query. Please check the appropriate forum. You may try "ABAP Programming".
Best regards,
Markus -
Open Item Clearing: Exchange Rate Differences
Hi guru
I have one account 100 and in fbl3n I have the following posting:
document number 1: account 100--> Amount 2000$ in S, Exchange rate 0,63
document number 2: account 100--> Amount 2000$ in H, Exchange rate 0,70
Then I have cleared this account but in the posting I have 3 lines item:
1 the account : amount 20 in S
2 passive difference: amount 100 in S
3 active difference: amount 120 in H
The user asked me a posting with two lines items:
1 the account: amount 20 in S
2 active difference: amount 20 in H
He would like to see only the difference (120-100)
is it possible?
Thanks
Edited by: Rossella Fiorella on Apr 20, 2011 1:26 PMHi,
you have to create two gl accounts for exchange loss and exchange gain, after that wat i mention below configuration is required .
Define valuation methods:
. (Transaction Code OB59 ).
Select new entries button
Valuation Methods:
Description: FC Valuation Bank Selling for
Document Type: SA
Debit balance exchange rate type (B) (Bank Selling)
Credit balance exchange rate type u2013 B (Bank Selling)
Select determine rate type from account balance
Select save button
Prepare automatic postings for Foreign Currency valuation
Transaction code OBA1
Double click on exchange rate defining using exchange rate key
Give your chart of accounts:
Enter
Exchange rate difference key:
Expenses account:
E/R (Exchange rate) gain account:
Save
Regards
Praveen P C
Edited by: Praveen Chirakkel on Apr 21, 2011 7:11 AM -
Exchange Rate Maintenance for two company codes..
Friends,
My client is having two company codes
X = India
Y = USD
US Company code is live for the last few years and India Company code is created recently and the same is live now.
Now when the US company code creates Purchase Orders / Scheduling agreements, the following error is encountered.
"Enter rate INR/EUR rate type M for 31.07.2008 in the system settings.:"
Now my question to the forum is that
1. If we maintain the exchange rates in OB08 will there any other effect ?
2. Is this error because One more company code is added to the same client which is operating in INR ?
3. When US Company code is not all transacting with India Company Code why is this error encountered.
Appreciate if some one can explain the pros and cons of this please. I am basically an MM consultant and I would also like to know the FI impact in this scenario, hence posted this question in FI forum.
RegardsHi,
At the time of initial installation SAP would make EUR as base currency, so any new company code you create needs to have an exchange rate defined to the base currency EUR.
In your case you can define exchange rate to EUR and process PO, as per my knowledge there will not be any impact of this.
Thanks,
Ramesh. -
Currency Exchange rate maintenance
Hi all FI Master,
My local currency is in GBP. I maintain foreign currency exchange rate like USD to GBP, SGD to GBP and so on. My question is do I need to maintain the exchange rate in the other way round (like GBP to USD)?
Secondly, if my vendor bill me is foreign currency USD, and I pay in foreign curr SGD, do I need to maintain the exchange rate from SGD to USD?
Thank you.Hi Cire,
The Answer depends on your settings for the Exchange rate type
(SPRO > General Settings > Currencies > Check exchange rate types)
1) No if Invert flag is set for the exchange rate type.
Yes if flag is not set.
2) No if you have specified GBP as the Ref.crcy.
Yes if no Ref.Crcy is specified.
Kind regards -
Dual Exchange Rate Maintenance
Dear All,
I have one issue on exchange rate . our client do import and export.
So custom department fix the exchange rate at the start of every month which is applicable for the full month.
But in case of receipt or payment in bank we have to consider the current exchange rate
So how we can maintain 2 rate in system.
Example
Import Rate from 01.04.2010-30.04.2010 is 1 USD = 40INR
Payment and receipt rate on 1.04.2010 is 1 USD = 46 INR
Payment and receipt rate on 2.04.2010 is 1 USD = 45 INR and so on.
Regards,
ShayamHi
You can create another exchange rate type and maintain the monthly fixed rate in that and assign it to all relevant doc. types.
However, for bank related postings, you can use exchange rate type M in which the current exchanges needs to be updated at regular intervals.
Regards -
Exchange Rate difference for freight clearing
Hi SAP Gurus,
I am facing a problem regarding exchange rate fluctuation. We have an import PO with USD (300 USD for Goods + 24 USD as freight).
The Problem has come at the time of IR
At the time of GR exchange rate was Rs.46.75, but at the time of IR the exchange rate is Rs.50.30
Incase of Goods (GR/IR Material) system attempt to post the difference amount (for foreign exchange fluctuation) to the account defined under Transaction u201CKDMu201D
But incase of freight (Freight Clearing) system attempt to post the difference amount (for foreign exchange fluctuation) to the account defined under Transaction u201CPRDu201D
I want to post the differences (for Goods & Freight) to the account defined under Transaction u201CKDMu201D
Kindly help me.
With Thanks & Regards,
___SAJIB SAHA___Exchange rate differences for open items (KDM)
Exchange rate differences for open items occur when an invoice and a goods receipt for a purchase order are posted at different exchange rates and the material cannot be debited or credited due to standard price control or stock shortage.
Price differences (PRD)
Price differences occur for materials subject to standard price control for all movements and invoices valuated at a price other than the standard price. Examples: goods receipts for purchase orders when the purchase order price differs from the standard price; goods issues when an amount is entered manually; invoices when the price invoiced differs from both the purchase order price and standard price.
Price differences can also occur for invoices for materials with a moving average price when there is insufficient stock coverage for the quantity invoiced.
Depending on the settings for the posting logic for the processing key PRD, you can work with or without account grouping. If you work with account grouping, the following are used in the standard system:
None for goods and invoice receipts for purchase orders
PRF for goods receipts for production orders and
order settlement
PRA for goods issues and other movements
PRU for transfer postings (price differences for external amounts) -
How i can give date in each input for applying the exchange rate in Query.
Hi Gurus,
We have a requirement to create some currency conversion queries. In the selection screen user should be able to give four inputs. Like given below
Input 1. a) key figures
b) Fiscal Year
c) Fiscal Period
d) Exchange Rate Type
e) Date (Exchange rate will be applied which is applicable on the given date)
Input 2. a) key figures
b) Fiscal Year
c) Fiscal Period
d) Exchange Rate Type
e) Date (Exchange rate will be applied which is applicable on the given date)
Input 3. a) key figures
b) Fiscal Year
c) Fiscal Period
d) Exchange Rate Type
e) Date (Exchange rate will be applied which is applicable on the given date)
Input 4. a) key figures
b) Fiscal Year
c) Fiscal Period
d) Exchange Rate Type
e) Date (Exchange rate will be applied which is applicable on the given date)
So we will have 4 key figures in the query results with the exchange rate applied on the given date.
I will make four restricted key figures and make the query. I do not know how i can give date in each input for applying the exchange rate.
Please give your suggestions to resolve my problem.
Many thaks in advance.You can not bring the key figures in the selection screen for the currency translation. Instead you can apply a currency translation type to respective key figures in the query definition.
The currency translation type can be defined in RSCUR transaction, where you can maintain the parameters like Exchange Rate Type, Exchange Rate Date etc.
You can refer one of my article on this at
http://www.sdn.sap.com/irj/scn/go/portal/prtroot/docs/library/uuid/600157ec-44e5-2b10-abb0-dc9d06ba6c2f
Hope this helps.
Regards,
Yogesh -
Dear All,
I have done
GR at (Ex-Rate 68)
& IR at (Ex-rate 70 )
The problem is that the Exchange Rate account is not getting hit.
kindly guide
CheersDefine GL Accounts for KDM in OBYC trxn..
the KDM entry is for
Exchange rate differences in the case of open items (KDM)
Exchange rate differences in the case of open items arise when an
invoice relating to a purchase order is posted with a different
exchange rate to that of the goods receipt and the material cannot
be debited or credited due to standard price control or stock
undercoverage/shortage. -
Hi guy
I have this PO (exhange rate not fixed) created last month, and this mth I did the GR and LIV.. somehow there is a different in the exchange rate.. where does the different goes to?
Any idea?
Regards,
EstherIt will post to MM exch rate different (KDM) in tcode OBYC, please check below help text from SAP:
Exchange rate differences in the case of open items (KDM)
Exchange rate differences in the case of open items arise when an
invoice relating to a purchase order is posted with a different
exchange rate to that of the goods receipt and the material cannot
be debited or credited due to standard price control or stock
undercoverage/shortage.
additional:
Differences due to exchange rate rounding, Materials Management
(KDR)
An exchange rate rounding difference can arise in the case of an
invoice made out in a foreign currency. If a difference arises when
the posting lines are translated into local currency (as a result of
rounding), the system automatically generates a posting line for
this rounding difference. -
Settings for exchange rate gain/loss
In our config, for exchange rate gain /loss between ex rate in bill of lading and ex rate of actual payment , system passes two entries at the time of clearing advance and invoice in f-44. One entry is for gain and other for loss , net effect of the entries is either gain or loss . We wish to change the settings so that syatem shall pass only one entry be it gain or loss. How to achieve this??
Dear,
in my opinion the issue You're facing is due to the split activation for exchange rate.
Usually due to different account assignment in open item, the exchange
rate difference items are split. Check the table V_FAGL_SPLIT_FL2.
I hope this helps.
Mauri -
Hi All,
We are facing a problem with maintenance of Exchange Rate.If someone can give me a good suggestion i will be happy.
The scenario is : we are maintening 2 companies(A & B) in our server now and there is a proposal of adding another company has come. Now the problem is Company A and Company B have 2 different currencies so we were maintening the exchange rate without any problem but now the 3rd Company C has the same currency as Company A.So we are in a position how to maintain the exchange rate between these 2 companies? Both companies have a different day of closing..so please suggest me with a good idea.
Thanks in Advance
Ajoy.Hi All,
Thanks for the immediate reply but my problem is different.
Company A - USD
Company B - EUR
Company C - USD - New addition
In this case we cant do the year end or month end closing for these 2 companies on the same day.There will be overlapping while maintaining the Exchange rate during the Closing operations.Both these companies will be maintaining the same currency(USD) and exchange rate for that currency.Is there anything to avoid this or any other option is there to maintain 2 different exchange rate for same currency?
Thanks in advance
Ajoy
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