PO exchange rate usage
As I know, if the exch.rate fixed is ticked, then the MIGO and MIRO will use this for the currency exchange. If i don't select exch.rate fixed, what the effect of PO. Thanks!
There will be no effect on PO, but GR/IR will be valuated on the basis of Exchange rate maintained for that day using T code OB08.
Regards
Bhavesh Mistry
Similar Messages
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Exchange rate difference while posting ME21N MIGO and MIRO
Hi All,
I am facing one problem with exchange rate type between M and EURX and EURX is maintanined in the SPRO>SAP Netweaver>General Settings>currencies>Check Exchange rate types
EXRT : EURX
Usage : EMU Reg,fixed
Ref.Curr : EUR
Buy.ra.at
Sall .Rat.At
Inv
EMU :X
FIXED
Scenario:
Company(USD) is maintaning Exchange rate type: M and no exchange rates are maintained for USD:EUR or EUR:USD.
Eur is maintaing in Exchange rate type EURX.
1) PO (ME21N) is posting for the Vendor on posting date 01/01/2008. Transaction currency is EUR and company code currency is USD and Quantity : 25000
--> Exchange rate 'M' is not maintained for EUR and values are picking from the EURX Type. In the PO, Exchange rate is picking correctly from the EURX table entries on 01/01/2008.
2) MIGO: GR is posted on 01/25/2008 and with 15000 Quantity. Exchange rate is getting currecly from the table on 01/25/2008.
3) MIRO: IR is posted on 02/15/2008 and Vendor Account is picking correct exchange rate from the table but GR/IR account is caluculations EUR:USD is differntly .
Note: It is not GR based IR.
Ex:
PK AC DESCRIPTION Tran Curr (EUR) Local Curr USD
31 5004789 Vendor Account 24,718.48- 38,777.12- USD
86 2525000 A/P-GR/IR NON-INV 24,718.48 38,883.73 USD
91 6584785 SERV-OTHER O/S 0.00 106.61- USD
Here GR/IR account is cal dirrently.
4) Credit Memo posted against IR on 03/25/2008. Exchange rate is given while posting CM same as Invoice. But system rate is different. Here also how the GR/IR is calculating is question is it not taking from Table or from any other rate types . Same problem like IR for GR/IR account.
Entry is posted like
PK ACC Description Tran curr(EUR) Local curr(USD)
21 5004789 Vendor 24,718.48 38,777.13 USD
96 2525000 /P-GR/IR NON-INV 24,718.48- 38,892.22- USD
81 6584785 SERV-OTHER O/S 0.00 115.09 USD
This problem is same like GR and also SPL document is posting differenly for ZG and ZL ledger.
ZL ledger is posting same like Accounting CM document ZG is posting with the different amount . This different amount is nothing but the exchange rate as per the posting date 03/25/2008. Exchange rate on 03/25/2008 is differe from IR date 02/15/2008 .
ZL ledger is calculating based on the 02/15/2008 date and ZG ledger is calculating based on the 03/25/2008 . Difference between Exchange rate entered in the CM and 03/25/2008 table entry rate is showing exchange rate difference field in the Addtional field in the document display.
Thanks in Advance.Dear Friends,
Thanks for your helpful answers, actually we are in big export business. So we have to clear 100s of invoice lines with payments at one go, (which obviously being booked at different dates) so it would be very difficult for the user to go one by one invoice.
My concern is, why system does not calculate exchange rate difference based on actual documents, i.e. Invoice to payments only. I think there might be some configuration needed to implement this functionality.
Please help.
Regards -
Exchange rate EURX not calculate exchange rates between USD and GBP
We have set ExRt as following:
Exrt Usage Ref. crcy
EURX EMU EUR
we have "EMU" flag checked also.
We are maintaining exchange rates (EURX) for EUR with all others currencies.
We expected that, if we have a CoCode set in GBP and we post a document in USD, SAP will calculate GBP <->USD from exchange rates EURX(USD/EUR) and EURX(GBP/EUR). It seems to be incorrect because the system is ignoring EURX exchange rates and using "M" GBP-USD exchange rate and this was not expected by us.
Could you please tell me if it is correct to expect SAP calculates USD-GBP Exchange rates from EURX(USD/GBP) Exrate or I am wrong and I need to maintain "M" exchange rates for USD-GBP.
Thanks in advanceHi,
Please check the following settings :
Go to IMG --> General Settings ---> Currencies ---> Check Exchange Rate types
Select the Exchange Rate Euro and check mark the EMU check box . Save it
Rgds,
Suresh -
What is Exchange Rate Revaluation and how does it impact B/L items and P/L
Dear All,
Can Any one please guide in the sense how a foreign currency revaluation impacts balance sheet and P/L items. ALso why do we need at all to do Foreign Currency Revaluation.
PineeHi Pinee,
At month-end Balance Sheet accounts containing balances expressed in a transaction currency different from the Company Code base currency have to be revaluated at the ongoing exchange rate.
In relation to pure GL entries the automation of exchange rate revaluation is reached via the proper usage of:
Foreign currency GL balance sheet accounts.
GL accounts can be managed and run in a foreign currency
For a GL account in a foreign currency the account balance existing at period end is revaluated at the month-end rate.
The only accounts managed in foreign currency in the GL will typically be the Bank accounts denominated in a currency different from the Company Code base currency.
Open Item managed GL balance sheet accounts
In the case a GL account is defined as Open Item managed the system tracks each single Item posted, marking it as open or cleared.
An Open Item GL account is typically used for accounts containing distinguishable open positions.
The following account categories will be managed as Open Item accounts in the GL:
Loans: Intercompany and Third Party
GR/IR: Clearing account for Goods receipt/invoice receipt
Bank clearing accounts
All the Open Items expressed in a currency different from the Company Code currency are properly revaluated at period-end.
Balance sheet items such as Vendor balances and Customer dues are also revaluated at the month end or year end depending on th requirement.
Regards
Pratiksha
*Please assign points if helpful -
Exchange rate over ride not possible
Hello
we have for a certain date the exchange rate defined in TCURR as GBP->USD @ .50448 for usage type "M".
But for few entries we want the exchange rate to be a different value. When we enter the document via FBV1 - we put the amount as 200 GBP (company code currency) and the exchange rate as 1.620 and save the document.
But when we look at the document the amount in group currency (USD) is being calculated at the older exchange rate from TCURR table and not from the one we entered on the screen.
Thanks.
TZ.Found the answer.
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GR/IRclearing in MR11 in case of exchange rate difference
Hi Gurus,
My client has got one issue on GR/IR clearing thru MR11.
There is one PO with IR happend first( lets say on 01/01/2008) and then GR on 15/01/2008 . on the same day of GR , there is Goods return ( 15/01/2008) for complete good receitpt. Credit memo posted in next posting period ( ex. 02/02/2008) . As it is posted in different period there is exchange rate diffenence between Invoice and credit return. So when user is doing MR11 the system saying there is inconsistency for the difference amount. Thats the reason we could not able to clear that PO.
I need advice to clear the above PO in MR11.
anyinputs on this highly appreciated.
regds,
ramanHi Raman,
Did you ever figure out the issue above ? We have the same problem.
Thanks,
Kevin. -
How to restrict manual change to exchange rate.
Hello
Requirement:
Our requirement is we want to control the manual exchange rate entry(user type or otherwise) at different form e.g. AP Invoice screen,AR Invoice,GL JV.
What ever the rate defined pops up,should only be used for transactions and no scope should be given to user to change the rate.
Process:
Our process is that We have a boundary system and we manually enter the rates daily and upload to Oracle Application by running a program interfaced with the boundary system.The rates fetched from the boundary system sits in daily rate form as spot rate.
The profile option "AR: Default Exchange Rate Type" has value "spot".
Similarly in payable option the rate given as "spot".
Solution provided by our consultant:
We have Below clarification from the consultant Oracle team on controlling who can enter exchange rates manually vs who can not.
Pls see response for both sub ledger and general ledger transactions. An ability to limit manual exchange rate entry & view is, therefore, available in Oracle.
In Oracle, the transactions are created in subledgers and manual journals are created in General Ledger.The defaulting of exchange rate type is done separately for different subledgers. For General Ledger (creating manual journals) the control is separate.
1)For transactions originating in subledgers , for eg.Accounts Receivable, the name of the profile option is "AR: Default Exchange Rate Type" and looking at your requirement, this should be set at "Corporate" and not "User" or "Spot". Setting it at Corporate, will make the application look at the predefined corporate rates. Similarly for transactions (invoices/payments) in Accounts Payable, the defaulting can be configured through payable options.
2)For manual journals , the defaulting of exchange rate type is controlled separately. This can also be secured by definition access set which will prevent unauthorized changes to rate type.
Questions:
1.Can we take their suggest given our process that changing the rate to corporate will restrict manual intervention of the user.
2.whether definition access set feature available in 11.5.10.2 and if so how can we configure.
3.What is the best way to restrict user from manual intervention.Hello.
For the mentioned forms, you can use Forms Personalization to force users to use a certain type(s) of exchange rate.
Octavio -
Message no. SG028 Ambiguous... exchange rate relation
Hi Friends,
I have a free of charge order. While doing the Post Goods Issue step, I am getting the following error message
Ambiguous EUR/USD exchange rate relations
Message no. SG028
I have searched in the forum and made sure that in transaction OB08 Exchange Rate EUR/US and USD/EUR (Exchange Rate Type M) has maintained properly in the system.
I have also made sure that the entries are properly maintained in SPRO - General Settings - Currencies - Define Translation Ratios for Currency Translation.
But still the error is coming, I saw in one thread, some one has reported the same problem even after maintaining the exchange rates in OB08, but no solution was suggested as far as I check. could anyone please give some inputs why the same error coming even though the exchange rates are maintained and how to fix this issue as I stuck in Post Goods Issue step
Thank youHi Christian,
Thanks for your time.
I've found the below entries in OBBS
M USD EUR 01.01.1900 100 : 1
M EUR USD 01.01.1900 1 : 100
Alternative currency is blank in both entries
In OB07 for exchange rate Type M all the fields (Ref. currency, Buy and Sell rate) and the check boxes are blank. it is still unclear for me being a logistics guy
While doing Post Goods Issue in other scenario I didnt have any error where currency GBP EUR invovled. In this case the OBBS entries EUR/GBP as below
M GBP EUR 01.01.2000 1 : 1
M EUR GBP 01.01.2000 1 : 1
Alaternative currency is blank in this case as well.
Does the valid from date or the ratio make any difference?
I could not clarify with my FI consultant as he is on vacation. Could you please let me know how to fix it.
Thank you -
Exchange rate determination at time of Good Reciept
My client has a manufacturing operations in Venezuela. They regularly import production materials as well as supplies etc. to run the business. The Venezuelan government defines the exchange rate on different types of purchases against the US Dollar.
When the goods are purchased the exchange rate is not known. The Exchange rate has to be applied to the transaction at the time of goods receipt. The exchange rate will be different for different types of purchases. For example: Raw materials are 2.6 Bs per dollar, Supplies are 4.3 Bs per dollar and all other purchases are at the rate of 5.3 Bs per dollar. The exchange rate must be entered correctly at the time of entering the Goods Receipt.
The exchange rates are controlled by the government and stay static for a certain amount of time, but can be changed with little notice by the Organization in control.
Has anyone on a global SAP implementation or who has worked locally in Venezuela encountered this in the past?
If so, how have you handled it in the system?Hi,
If the price control is V, there is no issues. When you make a goods inwards, the rate will be picked on that date and update the price difference to material value itself. Ensure, that correct rate updated before making the GR.
Best Regards,
Madhu -
In import PO, Exchange rate is not picking from PO
Hi All
In import PO, while doing Miro(Customs) and Migo, the system not taking PO exchange rate But it is taking Table Exchange rate.
is there any thing to be done?
Regards
manjuhi
in po header delivery/invoice tab tick exchange rate fix indicator
if u dont tick it system will pick the exchange rate what u maintain in OB08
regards
KI -
Exchange rate in header of acc.doc after posting return to vendor
Hi Gurus,
in accounting document, when i recalculated amount in doc.currency & amount in local currency in item line was not same with exchange rate in header section...Anyone can explain to me why this miscalculation can happen ?
ThanksHi Zafar,
exchange rate in header of this acc.doc was take automatically from table OB08 & the problem is in item line this acc.doc which is generated automatically after posting return to vendor the calculation amount in local currency was not take the exchange rate from header but from exchange rate when GR ( FLow : mvt 101--> mvt 122 ). so this is normal behaviour or there are bug ?
thanks in advance -
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
umaHi 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 -
Invoice Payment Using Current Day's Exchange Rate
Hello,
The currency of our Mexico company code is peso. Sometimes, they enter invoices with a document currency of US dollar. The invoice will pick up the exchange rate applicable on the posting date of the invoice. So far, so good.
On the day of payment, they would like to change the payment currency of the invoice to peso, and would like the payment program to pick up the exchange rate applicable on the payment date, and post differences accordingly. We cannot get SAP to do this.
Once the payment currency is changed to peso, the payment program simply pays the peso amount in the invoice; it doesn't consider the exchange rate of the payment date.
Does anyone know a way to get the payment program to use the current day's exchange rate, even if the payment is in the local currency of the company code?
I appreciate any assistance. Even if you think this scenario is not possible, that would be valuable information.
Kind regards,
JamesHi James,
I created a Invoice with a Foreign currency and the exchange rate is 1.50. When I goto the Incoming Payment to pay the Invoice the document appears with the foreign currency and the exchange rate as at that date is displayed.
If I change the currency to the Local Currency in the Payment Means, the amount of the Local Currency changes according to the rate defined.
Please check if this is what is happening in your system.
Regards,
Jitin
SAP Business One Forum Team -
Different Exchange rate type is picked while creating PO
Hi All,
We are maintaining daily exchange rates under exchange rate type "M" for currency GBP to INR. We have also maintained exchange rate type "ZCIG" but we are not maintaining daily exchange rates under this exchange rate type.
Still system is promting us to maintain the exchange rate under exchange rate type ZCIG instead of "M" while creating Purchase order. Becoz of this error i could not save the PO.
Please guide me on this issue.
Thanks
SonalHello,
Could you please let me know how you have solved this problem.
I want a particular exchange rates for a particular vendor posting.
Thanks,
Srini -
Mass update exchange rate type (not rate) in open sales orders
Hi all,
Our requirement is to update the exchange rate type at sales order header (VBAK-KURST) for all open sales orders with a new type created. (Z001). This field does not appear in MASS transaction for sales orders despite being present in the structure MASSSDHEAD.
This field cannot be located even in VA02 transaction (I am not sure if standard SAP masks or shows this field at header; I also can't find any transaction variants assigned).
Can anyone suggest how this field can be updated for sales orders either individually or in mass mode.
Regards,
KC
SAP SDYou are correct in indicating that Exchange rate type field is not seen in Header data of sales order. I checked screen layouts for various screens for sales order data and this field is not suppressed. The only reason could be that this field is not used in sales order screens
If you are interested, you could also check in the following way
1. Go to SE11, enter database table as VBAK
2. Once inside data dictionary table, click where used list button, select programs and screens and execute
3. click continue (don't select background)
4. now you would have list of programs and screens, this table is used
5. now start another session and go to transaction SE51
6. indicate program name as SAPMV45A and screen numbers as listed in step 4. you can check all screen numbers to see whether Exchange rate type field is listed in sales order layout.
7. Of particular interest would be screen number 4311 as this contains Financial accounting data & 4303 Billing data
8. you can check screen layout for screen 4311 & 4303. you would see Exchange rate type field is not indicated.
9. in case you could find this field in any screen, you could ask your ABAP consultant to add this field in the layout screen.
Hope this answers your question
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