Posting of exchange rate differences

Hello Friends,
For our organization we will have uploaded in SAP price list for products calculated in local currency at a fix rate between EUR and RON. Now the problem is that this rate is fluctuating every day and the result can be that there will be differences between the daily rate and our fixed rate.
Our question is if the system is able to calculate letu2019s say not for daily fluctuating rates, but for an average rate, the difference between the fix rate and this average rate related to the invoices of a certain customer for a certain period.
This will be like a bonus (discount) we would like to give back to our clients to cover the difference related to the fluctuating exchange rate between EUR and RON.
If this is possible to be made in a certain automatic way by the system and would you be so kind in explaining how it is done, in order for us to know.
Thanks!
Regards,
Kedar

Hello,
1.  You have to assign Forex GL's for the reconciliation accounts in OB09.
2.  At the time of payment for incoming invoices, system can read the valuation differences and it will post to Realized Gain/Loss accounts and B/S adjustment account.
3. You can consider this amount to issue bonus to your customers.
Rgds
Murali. N

Similar Messages

  • Posting of Exchange rate differences in parallel currencies

    Hello experts,,
    We are on ECC 6.
    When we enter an incoming invoice with MIRO and the current exchange rate differs from that in the PO, the exchange rate differences in local currency and in parallel currency (group currency) post to different accounts.
    Is this a standard feature / behavior? If so, where can i find the settings.
    Shouldn't the postings in all currencies (except doc currency), in the event of exchange rate difference post to the same account?
    The material ledger is not active.
    We have maintained a local currency and a group currency.
    Example to illustrate my issue -
    DC = JPY
    LC = SGD
    GC = USD
    PO for asset.
    PO value = 100000 JPY
    Ex rate not fixed in the PO.
    Ex rate at PO -
    100 JPY = 1.6 SGD
    100 JPY =  0.85 USD
    Ex Rate at IR
    100 JPY = 1.7 SGD
    100 JPY =  0.9 USD
    When IR is entered,
    The exchange rate difference of 100 SGD (@ 0.1 per 100 JPY) is posted to the asset. No posting in USD (though there is a balance of 50 USD).
    At clearing (Transaction FB1S - GL account clearing) the exchange rate difference (in GC only, because no balance in LC) of 50 USD (@ 0.05 per 100 JPY) is posted to the Exch. rate difference GL acct.
    Thanks in advance for your advice/solution.
    B. Regards,
    Halaswamy

    Hello,
    1.  You have to assign Forex GL's for the reconciliation accounts in OB09.
    2.  At the time of payment for incoming invoices, system can read the valuation differences and it will post to Realized Gain/Loss accounts and B/S adjustment account.
    3. You can consider this amount to issue bonus to your customers.
    Rgds
    Murali. N

  • Exchange rate difference posted to Group currency only during MIRO

    Hi SAP Gurus,
    We're activating parallel currency in ML and USD is the group currency. GR/IR clearing acct is managed in local currency only.
    OB22
    Crcy Type  30    Group currency                               Currency   USD
    Valuation        Legal Valuation
    ER Type    M     Standard translation at average rate
    Srce curr. 1     Translation taking transaction currency as a basis
    TrsDte typ 3     Translation date
    Please find below scenario:
    Co code currency: ZAR
    PO: ZAR
    Upon GR:
    Posting date- 04/14/2009 exch. rate 1ZAR= 0.11099 USD
    Entry: debit Expense - 4,078.19 ZAR/ 452.64 USD
              credit GR/IR acct -   4,078.19 ZAR/ 452.64 USD
    Upon IR:
    Posting date- 04/20/2009 exch. rate 1 ZAR= 0.11279 USD
    Entry: debit GR/IR acct - 4,078.19 ZAR/ 452.64 USD
              credit Vendor acct - 4,078.19 ZAR/ 460.02 USD
    automatic additional debit Expense - 0.00 ZAR/ 7.38 USD
    Here are my questions:
    1.) Where would I check the setting for the GL account used in the automatic line entry posted in group currency during IR? (3rd line item above)
    2.) Can this be changed? Say instead of the original acct assignment, the management want to change it to FX gain/loss account
    3.) How?
    I have checked several notes (331910,etc) but I can't seem to find the answers to my questions.
    Appreciate your help. Thanks!
    Regards
    Dru

    Just an update to this issue- I just found out that the system is pointing to KBS when posting the
    exchange rate difference in group currency upon IR, hence, PO account
    assignment is adopted. I'd like to rephrase my question- is there any
    way we can change SAP behaviour such that it will point to other
    transaction key (e.g. KDG) other than KDM? Bottomline is we want it
    charged to other GL account not the one in the PO.
    Thanks so much for your assistance.
    Regards,
    Dru

  • 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 MIRO not posted to the KDM account

    Dear Gurus,
    I have a query, I have defined an account in KDM. After the GR of the PO, if there is a difference in Exchange Rate system posts the Exchange Rate Difference to the Stock Account.
    My client wants this this difference at the time of MIRO should be posted to the KDM account. I am invoicing in my Company Code Currency not in PO currency this is also a requirement.
    Kindly provide me a solution for this.
    Regards,

    If material price is standard then only KDM account will account.
    Check this answered link [Exchange Rate Difference |Exchange Rate Difference]
    Edited by: Jeyakanthan A on Aug 3, 2010 2:13 PM

  • F-28 Exchange Rate Difference Account with a zero posting

    Hi SAP Gurus,
    When I try to post an incoming payment, even though there are no exchange rate differences, the system post to exchange rate difference account. How to configure the system to stop displaying the exchange rate difference account when the difference is zero.
    Regards,
    Siva

    Dear Siva,
    I dont think that the system will post to exchange rate difference account if there is no difference. Probably you are seeing the doucment in the foreign currency. Try to simulate the entry and on the simulated screen, click on the "Display currency" tab on the top of the entry. That will show the simulated entry in the local currency. In the local currency, there may be some difference.
    Check it and if useful, assign points.
    Regards
    Venkatesh

  • Avoid posting of realized exchange rate differences in 2nd local currency

    Dear SAP fans,
    The situation here in our company is that a company code is set up with NZD as 1st and EUR as 2nd local currency (currency type 30 "Group currency" for EC-CS consolidation).
    Therefore, all postings (and balances) are also translated and saved in EUR (with the current exchange rate).
    We now have an open item managed G/L account for prepaid expenses, which is used to collect postings which are then cleared later. It's however no payable/receivable account for vendors/customers. Therefore, it doesn't make sense to post realized exchange rate differences when clearing this account. This is however what SAP wants to do when we try to clear it.
    For example, if I post today 100 NZD and two months later again 100 NZD to this account. If the NZD vs. EUR exchange rate changed in the meantime, then SAP won't let me clear this account without posting realized exchange rate differences, which makes however no sense.
    Does anyone of you meet this problem before? Could you please give me a hint?
    I thought about setting the "Only balances in local currency" indicator in the G/L account master but this helps only for differences between local and document currency (and not for differences in 1st and 2nd local currency).
    Any help is highly appreciated!
    Thanks and best regards,
    Peter

    Dear Padma,
    Thanks for your answer. The customizing activities you mentioned are already set up in the system. This is not our problem.
    The problem is however, that we don't want SAP to post automatically realized exchange rate differences between 1st and 2nd local currency as this doesn't make sense in this business case.
    It's about an open item managed G/L account which is used to collect posting which are later cleared. It's not a payable/receivable account for customers/vendors where the posting of realized exchange rate differences makes sense.
    We've thought about several solution which unfortunately all didn't help us:
    - Don't setup realized exchange rate differences accounts or set them up only for group currency (in OB09)
    - Set indicator "Only balances in local currency" in G/L master data
    Best regards,
    Peter

  • Unexplained exchange rate difference

    We have created a delivery plan in USD (our local currency is EUR) without fixing exchange rate. This plan has a received several GR and IV at different rates. The material is valuated at standar value.
    D.Plan: Rate A , price 15,96 USD/UN
    month 1 - GR and IV at rate B
    month 2 - GR and IV at rate C
    month 3 - GR and IV at rate D
    All invoices are posted at a price of 14,32 USD.
    In month 1 we had price difference due to differences with the standard price. That was correct.
    In month 2 the system has posted unexpected exchange rate differences (key DM). We don't understand them as fas as GR and IV were posted at the same rate.
    Could it be that the system is using the rate of the first IV? We wonder the way SAP is calculating that exchange rate difference?

    no replies

  • Exchange Rate difference account-

    Hi All,
    Please help me to find a solution for the scenario below.
    Business process is third party PO scenario where the vendor currency(USD) is different from ccode currency.
    Material is valuated at 30 EUR.
    PO is made with the vendor at Rs.51.60 USD.(Exchange rate is not fixed at header level in PO)
    GR is made at 51.60 USD
    While doing IR,the exchange rate has changed from 1.290 to 1.395.
    What configuration should be done for the system to post to Exchange rate difference account(transaction key KDM)..
    (As of now the difference in price is posted to the consumption account,Which was already hit during GR).
    Regards,
    Deepak.

    HI DEEPAK,
    If Price control maintained in Material master is " V " then, at MIRO,
    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
    If Price control maintained in Material master is " S " then, at MIRO,
    1.  exchange rate diff. will be posted exchange rate diff acct (as per KDM) i.e. irrespective of stock availability.
    pls, check and revert back
    Regards,
    jay

  • 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 not to capitaliuze to Asset

    Dear All,
    When i capitalize the asset thru MIGO,If any exchange rate differences coming between MIGO and MIRO the current system is capitalizing  the Exchange rate differences to asset,As per my new requirement the Exchange Rate diffrences must post to Exchange Rate Gain/Loss account  not to Capitalize to Asset at the time of MIRO.My MIGO is valuated Goods Receipt.
    Please help to provide the solution.
    Thanks & Regards
    Kumar

    Hi,
    Could you please elaborate where in need to assign Exchange rate difference account  in OBYC,My current rquirement is the Exchange rate differnce between MIGO and MIRO should not eb capitalize to asset,I need to post to Exchange rate Difference account.
    Thanks & Regards
    Kumar

  • Exchange Rate Difference in PO with cost center assignment

    Hi All,
    In case of exchange rate difference in a PO with a cost center assignment the system Do not post the difference in the exchange rate difference account (maintained under transaction type - KDM - in T-code OBYC). However if the PO is a normal material PO it posts the exchange rate difference to the exchange rate difference account.
    I want the exchange rate difference to be posted to the exchange rate difference accout for PO's with cost center assigned as well.
    I have searched for SAP notes and found that note # 980402 & 1102481 provides a solution for this issue - but it seems both the notes are valid for 4.6 and 6 release only. We are on ECC 5.0
    I have also checked note # 1136145 for this and implemented in the system successfully without any luck.
    Can some one please help me with a solution for this issue.
    Thanks and regards,
    Ankur

    Even I have implemented this note in our 4.6C system for account assigned POs, but no luck. Please let me know if are successful.
    Thanks
    Neel

  • Problem while 're-posting' a cancelle Invoice with Exchange Rate Difference

    Hi Gurus,
    We are facing a problem while re-posting an Invoice with Exchange Rate Difference. I say re-posting because this invoice was previously posted and reversed on the same date. Here is the scenario along with the relevant postings:
    1)
    G/R is posted in September when the exchange rate for dollar was, say, Rs. 49 = 1 USD.
    Posting:
    Service A/C.....100 USD (Rs. 4900)
         To SR/IR Clearing A/C...100 USD (Rs. 4900)
    2)
    MIRO is done in October, when the exchange rate was, say, Rs. 48 = 1 USD. Thus, the exchange difference posting was done in the respective accounts.
    Posting:
    SR/IR Clearing A/C......100 USD (Rs. 4900)
         To Vendor A/C...........90 USD (Rs. 4320)
         To TDS A/C..............10 USD (Rs.  480)
         To Exch. Difference A/C. 0 USD (Rs.  100)
    This was the correct entry, however we missed out some TDS codes and thus needed to reverse this entry and repost it.
    3)
    Now this invoice was reversed (T.Code MIRO) in october itself on exactly the same date on which invoice was created, and it resulted in the following postings:
    Vendor A/C......90 USD (Rs. 4320)
    TDS A/C.........10 USD (Rs.  480)
         To SR/IR Clearing A/C...100 USD (4800, i.e. 48 * 100, Rs.48 being the exchange rate in october)
    4)
    Now when we try to post MIRO again, it is posting the following entry:
    SR/IR Clearing A/C......97.96 USD (Rs. 4800)
    Exch. Difference A/C.....2.04 USD (Rs.    0)
         To Vendor A/C........... 85 USD (Rs. 4080)
         To TDS1 A/C............. 10 USD (Rs.  480)
         To TDS2 A/C.............  5 USD (Rs.  240)
    This is a wrong entry. SR/IR clearing A/C should have been debited by 100 USD (Rs. 4900), and the Exch. Rate difference account should have been credited by 0 USD (Rs. 100)
    Can someone please help us with this. What the system seems to be doing is, that when the Invoice was reversed, the value that got reversed for SR/IR Clearing A/C was 100 USD but with Rs. 4800 instead of Rs. 4900. Now, when we try to repost the invoice, the system divided this value by the exchange rate prevalent in September, i.e. Rs. 49, thus the resultant value 97.96 USD (i.e.  4800 / 49).
    Please help.
    Thanks!
    Regards,
    Angad Nagpal

    Solved.
    The final entry is correct, as the net result in the G/L balances is the same. For further information please refer to notes 116250 and 46564.
    Thanks!
    Regards,
    Angad Nagpal

  • Exchange Rate Difference Posting

    Dear Gurus,
    I am facing atypical scenario in Production and development Clients.While clearing open items for a BanlK GL (USD Currency) in production there is no exchange differences being calculated by the syste.There is difference in Exchange rates between the original document and the clearing document.
    But for the same GL in Development I am getting Posting to Account maintained in KDB Key.
    I would like to know what can lead to difference in scenario that in one case system is calculating difference and posting and in the other case no.
    Please help.
    Regards
    Raju

    Dear All,
    Let me elaborate the scenarion in more deatil:
    We post Foreign Currency Invoice LIV--MIRO say rate is 41 USD/INR
    For payment F110 No Exg rate differences is selected in FBZP--So no Exchange Rate Difference is posted for payment.
    Now for clearing the bank Sub account Entry posted by APP user input LIV Exg rate in past and systen allowed to clear with no Exg rate Differ.This is OK.
    Now when user try to clear same account with same entry system is issue msg like No Exg Rate diss account maned.I tried to clear th GL document with both LIV and APP exchage rate its strange that is each case system expects Exchange rate diff account.
    I maintained in FBKP KDB in development client but then Exg Rate diff is getting posted which is not the requirement.
    Can any body please help.
    Regards
    Raju

  • 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.
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    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 .
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    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
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    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

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