Paying Foreign Currency Invoice with Functional Currency

Hi,
Can anyone advise if I am able to pay a foreign currency invoice
using functional currency in AP? Eg. if my functional currency
is USD and invoice is in GBP, how can I pay in USD against the
GBP invoice? Thank you and God bless you.

Most versions of Oracle Financial system, allows the payment of
Foreign Currency invoices in functional currency. If you tried
to pay the Foreign Currency invoices in functional currency, and
if you got error it could be due to of different reasons.
One very common reason, is the lack of (refer currency
conversion rate set up if you are not familiar) of a conversion
rate in the date range of the invoice.

Similar Messages

Clearing Foreign Currency invoice with Local currency

Hi,
We do have a requirement for clearing of Vendor Invoices ( Foreign Currency) with Payment of Local Currency . System not posting any Forex fluxuations .
Clint required to see the Foreign Exchange gain loss automatic postings ,
Eg:    Vendor Invoice   200 $    (200 $ = 800 INR) Exchange Rate : 40
          Payment            1000 INR                       Exchange Rate : 50
Expected Result :
Vendor Dr                     : 800
Bank    Cr                      : 1000
Forex gain / loss Dr       :   200
Regards,
sujana

Hi,
I have deactivated , the check box of No forex gain loss for local currency in Global parameters.
But system behavious is following manner.
1. While making payment (F-53) , system fetching the exchange rate from exchange rate table ,. NO OPTION for User input.
But customer requirement is exchange rate will be according to user input.
2. While clearing system , the difference of forex gain , system expecting differential posting besides to forex gain loss amount.
But customer requirement is to post accounting entry would be
              Vendor debit
             Bank Credit
           Forex gain / loss a/c Dr.
Please suggest , if any body has got an idea ..,
Regards,
Sujana

How to pay a forign currency invoice in another currency payment in R12

Hi,
I have Oracle R12.06.
How to allow cross currency payment, for example :
I have an invoice in USD , i need to make an payment for that Invoice in EUR or any other currency sometimes functional currency.
I already check the allow Multiple currency Payment for all bank accounts and also allow multiple currency in Payable options ,BUT I still not allowed to pay any invoice in different currency.
Regards.

Please note the following in respect of payment in foriegn currency other than the functional currency:
Invoice and Payment Currency.
Payment Region – Type - If the Payment Currency is different from the Invoice Currency and both are fixed-rate currencies, Payables displays EMU Fixed. If the invoice and payment currencies are the same, you cannot enter a value in this field.
If the payment currency is different from your functional currency, enter exchange rate information in the Payment Rate field.
You can pay invoices in a different currency only if the currencies are related fixed-rate currencies – EURO BASED CURRENCIES
In all the other circumstances other than above the invoice currency and payment currency has to be the same.
They cannot be different,
Hope this helps.
Thanks
Manish Jain.

Cannot perform rounding for invoices with a currency other than the documen

Hi all,
I need some one to help me
I want to process the incoming payment.
The AR Invoice is using USD
In Incoming Payment i want to pay using SGD,
I already set the BP in all currency
I also set the Bank account in Bank transfer payment mean in all currency.
But when i add the document i saw the message like this
"Cannot perform rounding for invoices with a currency other than the document currency. [Message 3524-31]"
What should i do ?
Thanks in advance
Regards
KK

Hi gordon,
Thanks for your respon.
I still do not understand, what you mean.
I test it in SBO DEMO Au which is the local currency is AUD and the system currency is also AUD.
Is the any special setting for this issue?
Or Do i miss the settings in SBO
My version is 8.81 pl 9
Thanks in advance

Can i Match invoices with a currency different from the purchase order curr

Dear Valued Consultant,
Can i Match invoices with a currency different from the purchase order curr
Thanks

Hi,
As a functionality, Payables will not allow matching an invoice to a purchase order that is in a different currency.
Refer Oracle Public sector payables user guide for 11i (page 4-94).
I understand that there is an enhancement request (3286623) logged for this functionality.
Please refer Note:172291.1
- Thiagu

Payment of foreign currency invoice in local currency

Hi all,
PO is created in USD and thereafter GR and IR done. The payment of this invoice has to be done in
local currency RUB. In invoice the currency field is not open for change and hence payment in
local currency cannot be generated. How to make payment of USD invoice in RUB ?
Thanks in advance.
Regards,
Sadashivan

Dear Experts,
We have a strange case, and requesting the SAP behaviour for this case.
The document (Invoice posted) in "SDR" special Dinar Rate (not standard currency), and the Local Currency is BHD - Bahraini Dinar, and wanted to pay in Foreign Currency in "EUR". mainted the payment currency in the document.
As far as I know system will check exchange rates for conversion from SDR - BHD and then BHD - EUR, so maintaining these two combinations are enough.
But strangely I am getting error while processing F110 automatic payment program, system is giving error "Enter the Rate EUR/SDR rate type M for 04.08.2010 in the system". Message No. SG - 105
I am facing this error after we upgraded to ECC 6.0 from ERP 4.7 in March 2010. Paying in EUR is rarely happens.
Awaiting your kind reply.
Regards,
Francis

Currency conversion with different currency and company code

Hi all,
how could it be done if in the report different currencies have to be managed / displayed?
The InfoObject 0Comp_Code has to be handled for example with different currencies. There are different company codes available and their currency should be converted in the query. But for example we have different currencies like dollar, yen and euro. So the currency should be dedicated correctly.
And the credit control area (the highest level in organisation) has only Euro.
The data (currency) of credit control area and company code in the cube is available only in Euro at the moment.
I thought it would be more flexible when the conversion is done at query level then at transformation level. We have filters in the query and the query is very fast. Is it also possible to include a currency for selection in filter?
Thank you in advance for your help!

Hi,
Yes, it is possible to have a filter for selection of target currency if multiple currencies are involved. However, you would need to define a currency translation first in RSCUR. Here, you can specify EUR to be the fixed source currency & a variable in case of target currency which will be used as a filter for user input when the query is executed. You also need to have a reference date (exchange rate date) & a exchange rate type (avg. mthly rate, daily buying rate etc.) associated with the currency translation.
--Priya

Intercompany Invoice with different currency

Hi,
I would like to ask for intercompany sales, i.e. there is an invoice (F2) from Company Code A to a customer and there is an invoice from Company Code B to Company Code A (IV). The F2 invoice has to be in GBP and the IV invoice has to be in EUR.
How is it possible?
BR

Hello
You can take use of SD Document Currency (VBRK-WAERK). Generally, the system proposes the document currency from the customer master record of the sold-to party. You can change the currency manually in the document. If you change the currency, the system recalculates prices for the entire document.
Also refer the following link for understanding - Intercompany currency to be same as the customer currency
Thanks & Regards
JP

To be post invoice with different currency

Hi,
I have created PO in USD currency, local currency is Singapore dollors.In the vendor master i maintained in USD.
I do the GR it post in to Local currency.
When i do the MIRO it is possible to post in to Hong Kong dollor. Pl advice
Regards,
Kumar

hi,
Go to MIRO screen, enter Hong kong currency in Basic data field,
Go to Details tab, enter exchange rate (if required ) from Singapore dollar to Hong kong. and enter the vendor code.
Now you enter the reference Purchase order number. (make sure you have maintained exchange rate for singapore dollar and Hong kong in OB08 transaction.)
Regards

Local Currency different with Clearing Currency

Hi!
We are having a problem with an A/R account. I was trying to clear the customer balance. At first i was looking at the Customer line item of the client and it
showed their a credit of Php 8.217 Million which i could allocate/use to clear a debit of Php 8.216 Million. But to my surprise, when i was about to clear it (i was in the clearing function already) the same document, credit of Php 8.6 Million, became Php 7.6M.
It seemed there was difference between the figure in local currency and clearing currency.
We can't figure put how to fix the problem. By the way, the credit document was an entry to offset/reverse deficit. It was an A/R-A/P offsetting of sorts. The base figure was in dollars. The dollar amount was 155k.
Need help.

Hi,
One option is to set the posting date of initial posting and the clearing date to be the same. In that case, there may no be a fx difference.
If that cannot be, then the gain or loss on fx change (between the dates) need to be taken a hit in the books.
Rgds.
pl assign points if useful.

(AP)INVOICE입력시 FUNCTIONAL CURRENCY임에도 환율정보가 들어가있는 문제

제품 : FIN_AP
작성날짜 : 2004-11-24
(AP)INVOICE입력시 FUNCTIONAL CURRENCY임에도 환율정보가 들어가있는 문제
====================================================
Problem Description
외화 Invoice를 copy하여 신규 invoice를 생성합니다.
생성된 invoice의 Supplier정보를 Functional Currency가
설정되어 있는 Supplier Site로 변경할 경우,
Currency정보를 Functional Currency임에도 Exchange Rate와 Exchange Date정보가
없어지지 않고, 남아있어 Accounting후 금액이 잘못 생성되는 현상이
발생했을때의 조치방법입니다.
Solution Description
Bug 3502444 로 진행된 건으로
APXINWKB.fmb 115.716 에서 Fix되고, 해당 version은
AP.M 혹은 Financial Familypack G에 포함되어 있습니다.
아래는 Code Fix solution입니다.
1)Open the invoice workbench:-APXINWKB.fmb
2)Open the program unit:-INV_SUM_FOLDER_ITEM_VENDOR
3)Goto the procedure:-procedure vendor_site_code (event varchar2)
4)Goto the condition:-elsif (event = 'WHEN-VALIDATE-ITEM') then
5)Now thes e are the lines below it:-
if (:system.mode = 'NORMAL') then
--bug 2278791 fix START
if (:inv_sum_folder.vendor_site_code is not null) then
if (not form_utilities.is_db_record('INV_SUM_FOLDER')) then
6)Add this line below the last line mentioned above:-
-- bug 3954132 reinitialize the old currency code, so that it can be
compared.
:inv_sum_folder.old_invoice_currency_code :=
:inv_sum_folder.invoice_currency_code;
7)Now compile the form and test it.Please follow the "Steps to verify that
bug is fixed" as mentioned in the base bug.
8)The problem should not occur.
REFERENCE
Bug : 3502444

Invoice posting with different currency for the same PO

Hi,
Can we post the the Invoice with different currencies for the same PO.
For example.
PO has Qty 100 pcs. amount 100 USD
GR Qty 100 pcs.
Is it possible to post Invoice of 50 pc with 50 USD, and 50pcs with some other currency.
Any sugggestions pls.
Thanks,
Satya

Hello
As per my knowledge, that is not possible.
And in whjat scenario, we need to do that?
In MIRO header itself we have the vendor currency, so it is not posbile to maintain different currency in different line items in MIRO.
If you want, you can do MIRO in different currency that what is in PO.
In the example given, you have o post 2 invoices, one for 50 qty in USD and the other 50 in different currency in other invoice transaction by giving the currency in basic data-invoice header and then only press ENTER after giving the PO number.
Hope this helps
Regards

"Invoice History Report "show wrong balance for supplier invoice with USD

Invoice History Report show wrong balance for supplier invoice with USD Currency
After I run this report i see in the last of this report there is difference between the supplier total
USD (Currency ) and the open Balance USD , it is decreased the open balance
for supplier with 2300 USD with out any reasons
bellow is some data copy of the report
======================================================
Supplier Site Total: SAR 34,700.00
Supplier Site Total: USD 39,000.00
Supplier Total: SAR 34,700.00
Supplier Total: USD 39,000.00
Open Balance: SAR 34,700.00
Open Balance: USD 36,700.00
*** End of Report ***
==============================================
please advise me from where can this differenc ( 39000 - 36,700=2300 )COMMING
or it is bug in this report , becuase i compare this report with other report in account payable like
-supplier open balance letter
-invoice register report
-invoice aging report
all this report give me the amount for supplier USD =39000
BUT AGIN FROM WHERE THE SYSTEM DECREASED THE AMOUNT TO 36,700
thanks

Can you try running Create Accounting For payments just before you run the Invoice History Report and re-check .
Thanks

Foreign currency invoice Through APP Run Payment

Hi SAP Guru's,
My company code currency is "SEK" , and i am posting in FB60 currency is USD then i was Run app It is Showing like this Error
Job started
Step 001 started (program SAPF110S, variant &0000000021747, user ID BREDDY)
Log for proposal run for payment on 02/09/2012, identification B1
Information re. vendor 65670 / customer / paying company code 3130 ...
Payment with currency USD, payment method : No valid payment procedure
Information re. vendor 65670 / paying company code 3130 ...
... payment not possible because of reported error
End of log
Step 002 started (program SAPFPAYM_SCHEDULE, variant &0000000008301, user ID BREDDY)
Step 003 started (program RFFOEDI1, variant &0000000000283, user ID BREDDY)
Program RFFOEDI1: No records selected
can any one suggest me if any configuration is needed and how to run "Foreign currency invoice Through APP Run Payment"
Thanks in Advance,
Bhaskar Reddy.S

Hi Vishnu,
Thanks for your quick replay,it is also very useful answer to me. and i got the solution finally.
Setps:-
1) FS00 Under Control Data Tab I Remove the only Balance in Local Currency Check box
2)FBZP >BANK DETERMINATION> RANKING ORDER (Select ur company code), We need to maintain The which currency you want to like you have payment method "C" You should maintain
Payment Method       Currency     Ranking.Order          House Bank
C                                SEK                 1                            1000
C                                USD                 2                            1000
C                                  GBP                3                             1000
Under Bank Accounts Folder
House Bank           Payment Method         Currency      Account ID     Bank Sub account
1000                             I                               SEK             SEK1               200101
1000                             I                               USD             SEK1               200101
1000                             I                               GBP             SEK1               200101
Under Available Amounts Folder
House Bank          Account ID      Days    Currency    Available for outgoing Payment
1000                       SEK1                0           SEK           9,999,999,999,99
1000                       SEK1                0           USD           9,999,999,999,99
1000                       SEK1                0           GBP           9,999,999,999,99
Thanks,
Bhaskar Reddy.S

Invoice report with different currencies

Dear friends,
I need a report for invoices. I want to choose currency from selection screen. And report will calculate invoice amount with this currency. Does SAP have a standard report for this?
How can I see invoice list with different currency?
Thanks

Thanks for your interest. But I am looking for invoce report. For example I have 3 PO
PO number      Currency      Amount
121100                EUR             100
121101                TRY              200
121102                USD              300
I want to see a invoice list like below
Selection screen :
Report Currency : USD
When I execute I want to see report like
PO number      D.Currency      Amount          Report Currency (I choose USD and amount will exchange to USD)
121100                EUR             100                       68
121101                TRY              200                      150
121102                USD              300                      300
Is it possible?

Paying Foreign Currency Invoice with Functional Currency

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