Rates for monthly currency valuation (FAGL_FC_VAL)

Hi, Experts
I would like to try to use different foreign currency rate for B/S accounts and P/L accounts when I run the FAGL_FC_VAL.
Is it possible or OK to set different currency rate for the accounts? ( At the point of technical view and business requirement view)
If it is OK and possible, could you tell me what kind of setting do I need to to do?
Regards,

HI,
in FAGL_FC_VAL, in the view "G/L balances" you can flag "Valuate P&L accounts".
That means in the first valuation run take your valuation area for P&L accounts and valuate them using this flag.
In the second valuation run take your valuation area for BS accounts and valuate them without using this flag.
Result: P&L accounts are valuated with one valuation area, BS accounts with the other.
You can also select the account numbers to be valuated in this screen.
The account assignment for FAGL_FC_VAL is done using T-Code OB09. There it is defined which accounts are used to post the valuation difference based on FAGL_FC_VAL.
This can differ for each chart of accounts / account number / currency / currency type.
Try first in test client, good luck!
Best regards, Christian

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Balance sheet adjustment account for Foreign Currency Valuation

Hi all,
I know that we enter AP /AR balance sheet adjustment account for Open items account when we configure for Foreign currency valuation with Tcode OBA1 and KDF. I wanted to know what account can I enter in that field for other balance sheet account which are not open item managed?
Also, Do we valuate GR/IR accounts in foreign currency valuation?? If yes, what balance sheet adjustment account do we enter for those accounts?
Thank you.

HI,
The valuation of <b>foreign currency balances</b> requires a special key that is assigned the gain and loss accounts for posting any exchange rate differences that occur during valuation. You can freely define this key. You then enter it in the master records of the accounts that you want to valuate. To post the differences that are determined from a group of G/L accounts to the same gain or loss accounts, enter the same key for all these G/L accounts.
Create the Create here with Tcode OBA1 and KDB-Exch. Rate Diff. using Exch. Rate Key
And assign this in the GL account master in the Control Tab.
Thanks
Vijay

Settings for Foreign Currency Valuation

HI
Can some one let me know the settings to be done for Foreign Currency Valuation.
Thanks

Please check below thread
http://wiki.sdn.sap.com/wiki/display/ERPFI/ForeignCurrencyValuation

Original document for foreign currency valuation.

Hello All,
I have executed the foreign currency valuation run and posted the documents through batch job. System has successfully created and posted foreign currency document.
When I am checking the posted document I found there is some wrong posting has been happen for which system has posted a huge exchange rate difference amount.
when I tried to check the original posting related to this posting through Environment -> Document environment -> original document, system is not navigating me to the original document instead it is showing same posted document.
Can you please let me know how to check the original document related to the document posted through batch job of foreign currency valuation.
Regards
RS

Hi,
In that screen itself, select the Document---->other Document. In that give the Orginal Document Number, then it will display the orginial document with foregin currency and local currency.
Regards
Sudharsan.R

Report for foreign currency revaluation - FAGL_FC_VAL

Hello Experts,
I have executed FAL_FC_VAL - Foreign Currency Revaluation Program. System posted some accounting entry for the same. However, I want to know how system calculated and for which invoices it calculated.
For this I want a report from SAP, for foreign currency revaluation. Please let me know the TCode for the report.
I can see some output on screen, showing calculation, during test run. But it does not get saved anywhere.
Please help

Hello Ms Meena,
You can achieve to have this if you are in ECC 6.0 by activating the Logs to be stored.
This can be done via FAGL_FC_VAL & go to the last tab as below.
Precondition : Make sure before user run the revaluation they click on both tick mark.
Click on Logs
give the date when they it is run & execute
Select the log
Here you can select your fields like vendor name/customer name/GL account Name.
I would strongly suggest to create a variant by yourself & save & then ask the user to change the date to revaluation everymonth.
Many thanks
PB

Configuration for Foriegn currency Valuation

Hi,
I currently work with blueprint and need help to understand one function in transaction code OB59. I can choose one of two fields:
"Determine rate type from account balance"
or
"Exch. rate type from invoice reference"
I have read the two explanations when pressing F1, but I'am not sure I quite understand the function of the two fields.
Does it simply mean that the exchange rate difference is calculated based on the account balance or based on the invoice reference?
Thanks for an answer.
Naja

Hi Naja,
In this you will be determining the currency exchange rate valuation for debit and credit balances for specific document types. Based on the requirement from the client you determine if it has to standard, intrastate or any specific.
Also you have fields related to valuation procedure based on requirement.
Also go through the below link which would provide more information about transaction OB59.
http://help.sap.com/erp2005_ehp_04/helpdata/EN/96/8b333943ce11d189ee0000e81ddfac/content.htm
Do let me know for any clarification.
Thanks
madhu

How system calculate exchange rate for two currency vise versa automaticaly

Dear All, i have maintain exchange rate type M with USD to PKR with different time interval. When i run Project System report the system show transaction figures in Controlling Area currency is PKR. However, when i switch to USD currency with translation key (Mean rate as of today) . System do not allow to show the result.
I know if i maintain exchange rate type M with PKR to USD then system display the result. But my concern is that system should automatically calculate exchange rate from PKR to USD for exchange rate M if as i have already maintained exchange rate m with USD to PKR.
How system can do it?
regards
Saqib Usman

Hi SAQIB USMAN ,
Please set the indicator for INV in OB07 for the exchange rate type M.
This indicator might not be set in your case.
Then system calculates using inverse ratio.
Please read it for your reference and easy understanding
Indicator: Calculation allowed with inverted exchange rate ?
    Indicator that in the case of a missing exchange rate entry in the system
    for the required translation from one currency into another, the inverted
    exchange rate relationship may also be used.
Example
    If an entry is missing for the translation of USD into DEM in the system,
    then the translation takes place by means of the entry for the
    tranlsation of DEM into USD, providing the indicator is set.

Re-posting old documents for Foreign Currency Valuation

Hi all,
I have a lot of old documents in the system that were posted with 'only balance in local currency' set in the G/L account master data. Therefore, when I try to valuate them in FAGL_FC_VAL now, they cannot be fx valuated. The client needs them valuated though., and only new documents after the 'only balance in local currency' unchecked can be valuated in FAGL_FC_VAL.
Does anyone know how to resolve this so the documents can be fx valuated?
Thanks,
Edited by: pistols123 on Apr 13, 2011 10:15 PM

any ideas would be appreciated, thanks

Corporate rate for functional currency supplier site

hello,
A payables user has complained that when entering a payment for a supplier site that is in functional currency the corporate rate is requested.
Any ideas why?

If this is being reported on 11i, this could be a bug. I remember a similar issue. May be you can look for a patch on metalink.
Regards
Saurabh

Post foreign currency valuation for special G/L accounts

Dear experts,
Our client wants to evaluate the balance of down payment account after each partial clearing with invoice.As down payments are being posted by special G/L indicators, they are not able to post to the down payment account directly.
and there is no possibility to post foreign currency valuation by SG/L indicators in F-05 and FBB1 transaction codes.
Could you please tell me how we can evaluate a SG/L account directly?
Best Regards,

Hi Rezvan,
That is not possible also this is not required.
Because unrealized gain/loss we post to Balance sheet adjustment account and Fx gain/loss accounts.
We don't post any differences directly to sub ledgers.
you can use F.05 or FAGL_FC_VAL trasanction for Foreign currency valuation.
where you can have option of valuate the Spl GL too in selection screen.
Also
When you select Vendor option in FAGL_FC_VAL, program valuates all the line items including special gl items.
And this valuation difference can be posted to balance sheet adjustment account which you maintain in OB09.
Regards
Atul

How to get historical currency rate for second group currency transactions in Fixed Assets

Hello,
My client had MXN (Mexico Currency) as a legal currency and when the company code was implemented (went live) group currency was not implemented. After 3 years this company code implemented second local currency as USD and is now a USD functional Company. When Fixed assets movements such as depreciation, retirement etc are posted; the postings in local currency is fine but postings in group currency is not fine the reason is the exchange rate for group currency must be 'historical rate" but instead of that the entries are being posted in "current rate". To rectify this issue we need to set the exchange rate as the historical rate. Now my question is where/how can I get the historical rate (rate when asset was acquired/purchased). When the assets were acquired the amount was in MXN and there was no maintenance of USD exchange rate as there was no second local currency so then how can I get the historical exchange rate for USD. Most of the assets were acquired/purchased before 5-10 years then how can I find the USD exchange rate for those periods.
Thanks,
Rinki

It is necessary yo have a different rate type for average. The month-end rate type cannot be used.
The M-rate type is typically the month-end rate.

Foreing Currency Valuations

Dear All,
In foreign currency valuation - i have one query.
When we run the foreign currency valuation in SAP system posts one entry - that's for Exchange rate gain or loss, but why there is a reversal entry posted on next day.
What entry is posted on both occasions.
And why we need balance sheet adjustment account for foreign currency valuations.

Hi Namitha
Provisions are always reversed on the beginning of next month.. And at the end of month, you post a fresh provision.. This ensures that any period has the impact of that month only
Your FC Outstanding is 100 USD.. With 1 USD = 50 INR, it comes to 5000 INR as the outstanding amount in INR
At period end, if rate goes to 51 USD, you post a unrealized loss of 100 INR. This loss is for Period 1. This is reversed at start of P2
At Period end of Period 2, assume rate goes to 52 USD.. You post unrealized loss of 200 INR again..
This 200 is reversed at beginning of P3
In short,
Net Loss posted in P1 = 100
Net loss posted in P2 = -100 (reversal of P1) + 200 = 100 again
In P3, if you make the payment @ 53 INR per USD, the realized loss posted would be 300. This would be netted off against reveral of 200 INR posted at beginning of P3
In short, this hellps to evenly spread out the impact
Br. Ajay M
This reversal ensures that net loss reported is correct
br. Ajay M

Foreign Currency Valuation customers, (outstanding invoices) F.05

After using F.05 for foreign currency valuation I am surprised by example outstanding CHF invoices keep the same EURO figures.
When I look to the report F.05 gives after using the session it shows a calculation for each CHF invoices to the new EURO figures,
but after processing the batch with SM35 there is no change of the EURO figures by these invoices.
After a while I noticed this kind of currency differences are booked on another GL account.
So there is one GL account for outstanding debtors and another one what gets the currency rate differences after using F.05.
Never the less is it not very strange when I am using line items reports to show the invoices of outstanding debtors that on invoice level the EURO figures still have the same figures?
By example 42000 CHF are equal 25000 EUR and after using F.05 the report says this 42.000 CHF are equal to 28000 EUR.
I should expect the EUR figures of 28000 would I see back in the oustainding invoice reporting, but that's still showing the old amount of 25000.
I know SAP shows the difference on another GL account but is it not strange this kind of currency differences are not in the outstanding invoices figures. I should expect by the invoices the EUR figures after currency valuation.
Is this how SAP works? Or did we something wrong when we set up our own SAP version?:-)

Hi,
This is how the accounting is done. Basically at the year end the foreign exchange gain or loss is accounted for in a separate account of respective master data like customer , vendor & profit and loss is effected. generally FAGL_FC_VAL is used where there is ecc 6. And the reversal date is set for this effect. At the start of the year this entry is revesed. And the actual gain or loss is accounted for at the time of liabilty/ income crystalisation i.e. payment\ receipt of foreign exchange.
Regards
Milind Sonalkar

Foreign Currency Valuation Values Conversion

Hello SAP Experts!
We are migrating from 4.6B to 4.7 and we are working in the vendor, customer and G/L accounts open items conversion.
In the present system (4.6B) the users use transaction F.05 for foreign
currency valuation with the flag "Bal. sheet preparation valuatn" activated. This means, that the valuation difference is not reversed
but it is stores in the field BSEG-BDIFF of the affected open item.
Now we are trying to convert those foreign currency open items with a
batch input to transaction FB01. However, the fields BSEG-BDIFF do not appear in the dynpros and we could not find a way to make them optional to enter the value of previous revaluations.
We have thought of transaction F-05, but there is no way there to reference the revaluation that is being posted to the affected open item. T
If we do not enter this amount in that field we will have problems
after the go live to pay those items, as the "Bal. sheet adj. 1"
account balance will never be zero and the gain/loss accounts for exchange rate difference will be duplicated.
Do anyone know how can this be done?
Hope you can help me on this one.
Many thanks in advance.
Regards!
Noelia

Hi Dominic!!
Thanks a lot for your answer. Yes, they are separate systems
Let me see if I understand your suggestion:
1) I should do a manual posting through F-05 in our 4.6B system bringing the balance adjustment account and the exchange rate difference account to zero.
2) Transfer the balances to 4.7.
3) In the first closing period run the automatic foreign currency valuation
(through F-05) with the flag "Bal. sheet preparation valuatn" deactivated so that the system revaluates the open items from the time the open item is created to that moment.
is it like that?
Many thanks for your help again!
Best regards,
Noelia

Please help - Foreign currency valuation

Hi,
I have a query about foreign currency valuation
As per my knowledge, when we run F.05 for foreign currency valuation, it valuates the open items in foriegn currencyand reverses them the next day.
so the original invoice will not have any valuation difference
( more data > valuation diff) will be zero.
NOW, if the invoice has valuation diff what does it mean?
Please help me on this....
Regards,
Jay

Below information may be useful to you-
You have the following options for valuating open items in foreign currency:
Saving the exchange rate difference per document
You can define that in addition to being posted, the exchange rate differences are saved per document. This information is then available for subsequent evaluations, for example, Transferring and Sorting Receivables and Payables
To do this, select the indicator Valuation for FS preparations on the Postings tab.
The exchange rate differences saved in the document are taken into account for payment clearing:
Unrealized exchange rate differences
When you valuate open items in foreign currency, the exchange rate difference determined is posted as an unrealized exchange rate difference.
Realized exchange rate differences
For an incoming payment, that is, when you are clearing the open items, the current exchange rate is determined. The unrealized exchange rate difference determined from the line item is taken into account.
If the first valuation results in an exchange rate difference of 30 DEM, and the current valuation results in an exchange rate difference of 10 DEM, an exchange rate difference of 20 DEM is posted and 10 DEM is saved in the line item as the final valuation difference.
Reversing exchange rate difference postings
You can define that the exchange rate differences posted are automatically reversed one day after the valuation run by an inverse posting.
You therefore have the option of determining exchange rate differences at any point in time without this valuation being taken into account for the creation of financial statements or for payment clearing.
To do this, select the indicator Reverse postings on the Postings tab.

Rates for monthly currency valuation (FAGL_FC_VAL)

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