Re :- What is the Importance of Group Currency

My client maintained two company codes having different currencies. But they want to maintain reports only for local currency . In that case I am Activated Groups currencies for the both the company codes. It is correct or wrong.

Hi Ramu,
Yes, please maintain group currency as local currency, so u can consolidate at group level in local currency and report.
Thanks, Ashok

Similar Messages

What is the importance of Account Currency in GL master

HI,
Guru's what is the importance of account currency in GL master
Moderator: Please, search before posting

you can change the local currency option in GL master. but only think is that GL account has not been related to cleraing accouts.
SAP has given good example below.
Examples
You set up a clearing account for goods receipts and invoice receipts and manually post these items to it. You post invoice receipts in the invoice currency and goods receipts always in the local currency.
Invoice receipt 1000 DEM 600 USD
Goods receipt 600 USD
Both items can be cleared if the clearing account balances are recorded in local currency only. If you have not set the indicator for this account, the system will translate DEM to USD during the clearing procedure in order to determine the amount in USD required to clear 1000 DEM. If the translation rate is .65 USD per DEM, then the system displays 650 USD for the invoice receipt and 600 USD for the goods receipt when the open items are processed.
This means that to clear both of these items, you will also have to enter a difference posting for 50 USD, and the system will automatically make an additional exchange rate difference posting for this amount.
Hope this will help you.
Regards,
kaparthi

What are the importent transaction codes in edi

what are the importent transaction codes in edi

hi,
=>sale - ALE Customizing
=>bale - Distribution Administration (ALE)
=>wedi - IDOC Type and EDI Basis
=>shdb - BDC (Transaction Recorder)
=>lsmw - LSMW
=>bapi - BAPI
=>spau - Display Modified DE Objects
=>spdd - Display Modified DDIC Objects
=>sara - central idoc archiving
=>stms - Transport Management System
=>wedi - IDOC Type and EDI Basis (IDOC Configuration)
=>bd21 - Analyze change pointers - create IDOC from change pointer
=>bd10 - Send Material Master
=>bd12 - Send Customer Master
=>bd14 - Send Vendor Master
=>bd50 - Activate Change Pointer for Message Type
=>bd55 - Conversion rule user exit (Link conversion rule user exit to the different system \ partner combinations)
=>bd54 - Maintain Logical Systems
=>bd71 - Distribute Customer Model
=>bd87 - Process Inbound IDOCs
=>bd88 - Process Outbound IDOCs
=>bdm2 - Cross-system IDOC Reporting
=>bdm7 - ALE Audit - statistical analyses
=>bdm8 - ALE Audit - sending confirmations
=>bd61 - Activate Change Pointer generally
=>bmv0 - Direct Input Data Transfer Administration
=>rz04 - Operation Mode
=>rz12 - RFC Server Group Maintenance
=>sar3 - Archiving object customizing
=>s001 - SAPoffice Inbox
=>s010 - Standards Texts (SAP Script)
=>se01 - Transport Organizer (Extended View - Performing and managing the transport of development object across different systems)
=>se09 - Transport (Workbench) Organizer (Controlling and keeping track of Development work and Development Objects)
=>se78 - Administration of Form Graphics (Import Graphics into SAP System)
=>se84 - ABAP Repository Information (search for SAP objects)
=>su01 - User Maintenance (Security)
=>su02 - Maintain Authorization Profiles
=>su03 - Maintain Authorizations
=>sm36 - Background Job Scheduling
=>sm37 - Background Job Monitoring (display batch jobs)
=>sm31 - Table Maintenance
=>sm30 - Calling View Maintenance
=>sm35 - Batch Input Monitoring (Error Logs)
=>sm50 - Process Overview
=>sm58 - Transactional RFC Monitoring
=>sm59 - Maintain RFC Destinations (Define RFC Configuration)
=>snro - Number Range Objects (for IDOCs)
=>we02 - Display IDOC
=>we05 - IDOC lists
=>we07 - IDOC statistics
=>we12 - Inbound processing of outbound file - convert outbound to inbound file
=>we14 - Process (dispatch) IDOCs through Port - RSEOUT00
=>we15 - Outbound IDOC from NAST - message control
=>we16 - Inbound File
=>we18 - Generate status file
=>we19 - Test tool
=>we20 - Add new Message Type to Partner Profile
=>we21 - Maintain Port Definition
=>we30 - IDOC Type development
=>we31 - IDOC Segment development
=>we41 - Process Code Outbound
=>we42 - Process Code Inbound
=>we46 - IDoc Administration
=>we47 - Status Code Maintenance
=>we57 - Assign function module to logical message and IDoc type
=>we63 - IDOC Type for Parser Output
=>we82 - Assign IDOC to Message Type
=>we60 - IDOC Documentation - IDOC Types
=>we61 - IDOC Documentation - IDOC Record Types
=>we81 - Create new IDOC Message Types
=>we82 - Assign IDOC to Message Type
=>pa20 - Display HR Master Data
=>pa30 - Maintain HR Master Data
=>bd59 - Create and assign Filter Object Type for Message Type
=>bd64 - Maintenance of ALE or any other Distribution Model
Hope this helps, Do reward.

What is the importance of word account in 'Account' assignment elements

Automatic 'account assignment derivation' minimizes the manual effort of entering postings in which the 'account assignment elements' can be entered. The values derived appear as default values that you can overwrite if you wish.
FM account assignment elements, Derivation of FM Account Assignment Elements from CO Acct Assgnmnts.
These are many place where word account assignment elements is used in sap.
what is the importance of word 'Account'. What should we understand if word 'account' assignment element wording is used in FM,CO or FI.

i have tried but no one answers specific question -- What is 'account assignment element'.
its used everywhere as if everyone understands it in every module.
for e.g
FM account assignment elements are not migrated to BCS. Nevertheless, they are crucial to proper migration, since budget data is assigned to these account assignment elements. You have the following options:
· If you do not want use new FM account assignment elements in BCS, you should proceed as follows:
Migration at fiscal year-end: no specific action is required. See link below.
Migration during the course of a fiscal year: you should carry out the activation of account assignments for BCS and optionally also define your budget structure.
· If you want to use new FM account assignment elements in BCS, such as the grant or funded program, proceed as follows:
Now if someone is new to SAP what would he understand with word - FM account assignment elements
Like in FI we have GL account and in FM we have Commitment item. Two different nomenclature. Why account assignment element is used freely as If everyone else understands it, I would love to understand that how to interpret word account assignment element differently if used in different module.

What is the importance on BOM Explosiion number

Hi,
what is the importance of BOM Explosion number . can any one give me in detail in which context it is used.
second is valuation type is getting populated in components of a production order. from where this valuation type is flowing to the child components.
thanks in advance
madan mohan

Hi,
By means of Bom explosion number we can define a common explosion date for all BOM levels.
The system explodes the BOM that is valid on this date.
For multi level BOM lareger time intervals may exist between the explosion dates of individual assemblies.If the BOM's have changed mean time a situation may exist where by an assembly that is used repeatedly is produced with a different BOM structure.
Therefore the BOM should always be exploded with the same date.
Tcode MDSP
You need to enter fixed key date,plant material and the status whether active or inactive.
You can enter the BOM Explosion No in planned order or when creating PIR.
Regards,
nandha

What are the important conditions in taxinn procedure

hi all
please tell what are the important condition types which capture excise and other taxes in taxinn procedure for a manufacturing company?
and also the procedure to be used for sales from depot and relevant excise conditions?
thanks a lot

hi all
please tell what are the important condition types which capture excise and other taxes in taxinn procedure for a manufacturing company?
and also the procedure to be used for sales from depot and relevant excise conditions?
thanks a lot

What are the important concepts in portal

Dear Friends
I am BI consultant and willing to learn EP . Can anyone provide what are the important concepts to be known for the BI consultant in EP. hope you can provide some information for BI consultants on what they need to concentrate regarding EP and documents related . IF anyone have anydocuments please do send to my mail .[email protected] thanks for your replies in advance.
Thankyou

Hi,
Refer.
/people/thomas.jung/blog/2007/12/19/update-your-abap-development-skills-to-sap-netweaver-70
/people/horst.keller/blog/2007/03/21/1000-pages-full-of-abap
/people/anubhav.mishra/blog/2007/11/20/first-experience-with-abap
Also
Re: Any Bw abap course for writing routines?
Re: ABAP for BW
Re: Seeking advice ABAP With BW
Re: ABAP in BW
Hope this helps.
Thanks,
JituK

What is the importance of 4 in ABAP/4 , is there any other types

hi friends,
what is the importance of 4 in ABAP/4 , is there any other types like that availble in ABAP.

Hi Satish,
Here's an interesting link ...
http://en.wikipedia.org/wiki/Fourth-generation_programming_language
I hope this serves your purpose of knowing about "Generation of Programming Languages" and even more
Reward if useful!
Cheers
Kripa Rangachari

What is the importance of the tabs like vendor and customer in t.code md04

Hi All,
what is the importance of the tabs like vendor and customer in t.code md04? Could you please explain me...
Thanks
Krish

Hi Krish,
In MD04,you see requirement of material.
Whenever there is Purchase order & Sales order created,you will find relevent Vendor & Customer name respectively when you go for Vendor & Customer tab. When you double click on Vendor It shows you details of Vendor.
Just try & Check it.
Hope this help you.
Regards,
Raja.
Edited by: Raja on May 7, 2009 6:13 AM

What's the uses of "group" in "Document Numbering".

What is the uses of "group" in "Document Numbering"?
How can we link various "groups" to different "user"?
How can I set, if I want some user to be restricted to a particular series?
Pl Reply asap.
Khushwant

Hi Khushwant
The solution is In the authorisation form,
Go to the following module: Administration >System Initialization>Authorisations -->General Authorisations.
In the Authorisations form select the simple user on the Left collumn and on the right of the form go to Administration --> System Initialization --> Series
There you can determine the user's authorizations on particular series.
Hope this was more helpful
Regards
George

What are the important assignment rules that apply?

Hi,
What are the important assignment rules that apply?
Thanx..

hi,
can you please explain, what do you mean by " imp assignment rules ".
regards
sadhu kishore

What is the difference between "Group Albums" and "Albums"

What is the difference between "Group Albums" and "Albums"

An album is a shareable object; you can add photos to an album, then subsequently share that album with someone else. It's better than sharing your whole library, and allows you to make and share lots of different related sets of photos.
Group Albums allow you to collaborate on an album with others. Both you and the collaborators can upload photos or videos, and view them in My Library. All members of the Group Album can also edit, copy, print, and download the items in the album.
Only members of Photoshop.com can participate in Group Albums. But since membership is free, you can invite nonmembers to participate in a Group Album, and they can create a Photoshop.com account and contribute files.
-Mark

What is the differences between Parent Currency , [Parent] in value Dimension

What is the differences between <Parent Currency>, [Parent] in value Dimension? Could some one please provide in detail explanation with examples?

Hi Tana
Please see the Value dimension tree on page 213: http://docs.oracle.com/cd/E40248_01/epm.1112/hfm_admin.pdf
Simple answer would be that [Parent] is <Parent Currency> plus <Parent Curr Adjs>, but this is probably not what you wanted to know
<Parent Currency> and all Value members identified by opening and closing angle brackets ("<" and ">") are not "real" members, but just pointers to currency defined in the Value dimension. So if, for example, my entity has currency EUR and its parent has USD then when I input data on <Entity Currency> it appears on member "EUR". After running translation this amount converted to USD would appear on <Parent Currency> as well as on "USD" members. If I post a journal on <Entity Curr Adjs> it gets posted to Value member "EUR Adjs" and posting to <Parenty Curr Adjs> posts to "USD Adjs". In the database all of these members are stored in the set of tables called DCE (Currency subcube).
When the data moves up the Value dimension from <Parent Curr Total> to [Parent] we see the brackets change. Square brackets ("[" and "]") identify members that belong to the Node. The Node is the unique relationship between a parent entity and each of its children. The eliminations and consolidation calculations would likely be different for each parent. Expanding my example, if my EUR entity has two parents both of which have currency USD, then posting a journal on <Parenty Curr Adjs> would apply to both consolidations, while [Parent Adjs] would be specific for a particular parent. Physically, Node members are stored in DCN tables (Parent subcube).
I recommend the book "Oracle Hyperion Financial Management Tips & Techniques" by Peter John Fugere, Jr. to find out more.
Hope this helps
Igor

What is the importance of Root option in while opening syndicator?

Hi Friends,
1) what is the importance of Root option while opening syndictor?
2) when i am try to import external xml schema file, i am unable to import it because of Root option is not enabled?
3) Inorder to enable the Root option while i am importing external xml schema file in syndicator what should i need to do in xml schema file?
if any one having any documents or scenario links on this please forward to me.
Thanks in Advance
chinthapatla.bharat
Edited by: bharat chinthapatla on Jun 27, 2008 9:14 AM

Hi Bharat,
1) what is the importance of Root option while opening syndictor?
2) when i am try to import external xml schema file, i am unable to import it because of Root option is not enabled?
3) Inorder to enable the Root option while i am importing external xml schema file in syndicator what should i need to do in xml schema file?
if any one having any documents or scenario links on this please forward to me.
I think you are trying to syndicate an XML file from the MDM Syndicator.
You will require an XML schema for this.There are two methods for this:
1) You can upload the schema in the Console.
2) You can take it locally from syndicator.
The root is very important as it identifies a correct schema. If you are not able to see the root, that means the XMl schema you are using is not correct.
If you have a customized repository and hence do not have an XML schema then you can generate one by using the Xomlite software. Here is the link to which explains the process:
[https://www.sdn.sap.com/irj/sdn/go/portal/prtroot/docs/library/uuid/bf0e8a97-0d01-0010-f0a2-af3b18b7f4eb]
After you generate the XML schema using Xomlite, upload it under the Admin node->XML schemas for that repository
Then open syndicator Go to File->New/Destination proeprties
Select type->XML schema
Remote system and select the XML schema that you have uploaded.
By this procedure, you will find the root element and then you can perform the mapping in the syndicator.
Hope it helps.
Thanks and Regards
Nitin Jain

What are the important standard table use in FI/CO module?

What are the important standard table use in FI/CO module?
Moderator Message: Please avoid asking such queries.
Edited by: kishan P on Jan 24, 2012 12:37 PM

Hi Sanj,
Please go through the available information and then you can ask if there is any queries.
[Google|http://www.google.co.in/search?sourceid=chrome&ie=UTF-8&q=importanttablesinficoin+sap]
Regards,
Madhu.

Re :- What is the Importance of Group Currency

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