Realised FOREX gains or losses

Here is a challenge for you:
We have one company code and we have a few FOREX gl accounts that are not cost elements. We want the postings to these gl accounts to go to PCA. But not just to PCA, we want the postings to go to the correct profit center automatically (when we do a F110/FBZ1 or FBZ2). I am out of ideas. Oh and it is not an option for the business to fill the profit center in while doing the transactions.
At the moment we have these gl accounts in 3KEH, so that we at least have the entries in PCA. Any idea is welcome!

I tried that and also tried OBBH. It does put a profit center in the initial posting, but I can only get the postings to go to one profit center. The postings are done on company level. And management wants to see the gains/losses on the profit center of the original invoice... I don't know how to put that into the substitution

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Will there be forex gain or loss when you move amt from one GL to another?

Hi,
Local currency Euro
GL account A account currency Euro (has got an open item for usd 100)
GL account B account currency Euro
In the above situation if i use the post with clearing t.code f-04 to transfer the 100 us dollars from one gl account A to another gl account B then the system is calculating forex gain/loss. however is this correct to calculate the forex gain or loss for this transaction? From an accounting point of view, conceptually since we are just merely moving the foreign currency amount from one account to another why shd there be a forex gain/loss is calculated?
Take note that dont reply on how to change the F-04 document posting so that no forex will be calculated, i myself know it, i can just change the exchange rate to be the same as the original document's exchange rate so that in the f-04 document no forex difference is calculated. This is not my question. My question is rather on the accounting principles, as to whether shd there be a forex gain or loss for the above situation.
Can someone comment on the accounting perspective of this?

Hi,
Yes you are right but you cannot say that there is no effect on the P&L because the system generates postings to the P&L and even if the new account is revalued at month end, the forex auto postings made by the system will still be included in the P&L thus overstate or understate the P&L. Therefore i believe i shd not allow the system to post the forex amts during the transfer postings. do u agree with me?
For example :-
System posts a gain of 20 Euro to forex account abc during the transfer posting.
The month end revaluation on the new account is posts a forex gain of 5 euro to forex account abc
Now the final month end standing for forex account abc will be 20 + 5 = 25 when in actual fact it shd have been only 5.

Trading Partner in Gain and Loss from valuation

Dear Friends,
My issue is with the valuation posted for account maintained on line item basis only (Not open item managment). Since the account is maintained on line item basis, only balance is valuated each month thru f.05.
The problem is that when account posted with Loss or Gain each month on valuation, the document will not have a Trading partner assigned which causes my inter-company elimination issue.
How to get Trading partner assigned to document posted on valuation (F.05) I have tried sustitution rule and OB32 to make Trading Partner as editable but SAP does not allow both.
Best Regards
VK

Thanks Venkata,
My problem is with the autmated posting result from forex gain or loss when carrying F.05. These documents autmatically created but donot update the Trading Partner. I can not manually input them even if enter Trading Partner is option in OBA7 is checked.
Best Regards
VK

FI Forex gain loss & Exchange Rate difference on Foreign Currency & Chart of Accounts

Dear All,
I have queries on following :
1) what is difference b/w Forex gain loss account & Exchange Rate difference on Foreign Currency account .
2) Under which Heads in Balance sheet they should come as per Indian Accounting Standards.
3) Are these accounts common for Vendor & customers or different.
4) they record FI data at Company code level or at sub-ledger level first (Vendor /Customer) .
4) Is it advised to use same Chart of Accounts to two companies in same country by using different GL's with different FSV?
Regards
MJ

Hi M J,
Please note the answers below:-
1. It is one and the same thing. When you say forex gain/loss account, it means a GL account and exchnage rate difference means, the difference in rates at which you purchased/sold and the rate at which you made paid/collected.
2. Ask Client where they want to show these GL's in Financial statement Version.
3. The configuration setting is in OB09 and SAP allows you to keep same or diff GL for both realised Exchnage rate gain/loss. It depends on how you want to see. technically it is possible.
4. The Valuation is done at company code level, but individual records are picked up at vendor/customer level. It means that the revaluation gain/loss adjustment is not given to each individual Vendor/Customer, rather it is posted to a GL - Balance Sheet adj.
5. Yes, you can use same chart of accounts and you do not need to create separate GL's at the company code level for two company codes. Same GL's can be used as the posting is made at Co. code level.
Regards,
Kavita
Note : Please raise separate thread for different questions. Your Point No. 5 is not related to the rest.

AP Balances' Mess.Xcess of Realised Exchange Gain/Loss Postings.How 2 Clear

Dear Readers,
Our project is stuck with an issue which from the onset a simple issue.
Issue being the AP balances show excess of Realised exchange gain/loss postings.The Realised Exchange gain/loss postings are in USD (i.e. Local Currency).
This creates an issue in clearing when the invoices do not match the balances and the automatic clearing is not possible.
Although reports (income statement and Balance Sheet) give matching results, but AP on the individual level (vendor wise) poses such a problem.
Kindly enumerate the solution.
Its a high priority issue.
Any sort of help is much sought.

Forex Gain/loss posting from prior interest Accruals in capitaliization scenario !!

Gurus,
This is a decent question.
In SAP MM instruments, how do we post
Forex Gain/loss arisng from prior interest Accruals in capitaliization scenario !!
1. Is it REALIZED OR UNREALIZED gain/loss?
2. Should it even be considered Gain / Loss, in which case Accounting Entry will be like
DR/CR Interest Accrued
Cr/DR Interest Accrued Discount
Please advise.
Rahul

Hi Rahul,
Can you explain what do you mean by prior interest acrruals in capitalization scenario.
If you have a MM product which you are capitalizing the interest , then for previous month the accrual interest posted which is already posted will remain.
I am not clear about the scenario. Care to explain it pls

Foreign exchange gain and loss

Short Text
Foreign Exch Gain / Loss to be booked to a diffr cost center
Long Text
The transaction booked with the following parameters
Step 1:-Transaction booked trough FB60
Foreign currency CHF @ 40/ruppee
Expenses debited (1000-cost center)
Vendor Credited
Step 2:-Transaction paid through F-53
Foreign currency CHF @ 50/ruppee paid
Vendor Debited (Clearing the open item)
Bank outgoing account Credited
Foriegn exchange gain and loss Debited
In ECC 6.00 Version:- The open item clearing inherits the CO objects
from step one except for "Foreign exchange agin and loss line item"
Note:
1) In above scnerio, if foreign exchange gain and loss booked to some
other cost center other than Step one:- Cost Center (Expenses booked).
2) If the foreign exchange gain and loss line item booked to same cost
center as specified in Step one:- Cost Center (Expenses booked).The
below error does not occur.
3) The requirement is to book different cost center for the Foreign
exchange gain and loss line item.
The following error occurs during FB05 transaction execution for
transfering the line item in Bank outgoing account to Bank Main account.
Error Details occur during FB05 transaction execution:-
Start----
Ex.rate diff.accts are incomplete for account 0002500062 currency CHF
Message no. F5063
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.
END----
Configuration already in place:-
1) Bank outgoing and main account "ONLY BALANCE IN LOCAL CURRENCY" is a
ticked
2) In OBA1 Foreign exchange gain and loss and valuation gain and loss
GL's are defined for respective Reconciliation account.
Regards,
Sathya

Hi,
Is your problem solved, I am also facing the same issue when transffering from Incoming/Outgoing to Main Bank Account. Exchange gain/loss is being calculated by the system.
Please share with me the solution to the above problem.
Thanks & Regards,
Jyoti

Gain or loss due to foreign currency exchange rate in Travel Management

Hi Experts,
I am facing some issues in foreign currency surrender in Travel Management.
Example:-
An employee goes on a foreign trip in which he takes advance in USD. After returning from the trip, if any USD balance is there then he returns it to company. If the exchange rate falls or increased, then company books it as gain or loss to comany. How the same can be handled in Travel Expense Report. Below is an example of the same.
USD
Exchange Rate
INR
Advance taken
550
65
35750
Expenses claimed
500
65
32500
Difference
50
65
3250
But Returned to company in less exchange rate
50
60
3000
Loss on Exchange
250
Regards,
Daniel

HI Sigi,
The problem is, during a International trip. While taking the advance, the exchange rate of USD is something & while returning or excess expenditure the exchange rate is different. Because the posting to be done in INR & the expenses are adjusted against the advance.
But when there is a change in the exchange rate then the whole advance is not adjusted. SO to adjust the same the balance amount to be adjusted as gain or loss to the company a/c.
Regards,
Daniel

Exchange rate gain or loss in Payment proposal

Hi,
Is there a way where we can show the amount of exchange rate gain or loss realized on the detailed screen of the payment proposal..
Thanks,

Not possible in F110.
You can check unrealized differences if you want to in FAGL_FC_VAL
Realized arises only at the time of documents clearing.
Rgds
Murali. N

I am trying to create a PDF document that calculates Gains and Losses in Mutual Funds. The calculation scripts are repetitive from line to line. The scripts work well until I reach the line 32. Script stops calculating...

I am trying to create a PDF document that calculates Gains and Losses in Mutual Funds. The calculation scripts are repetitive from line to line. The scripts work well until I reach the line 32. Although I am using the same script as the fields above in the columm, the script eventually stops calculating and I can't figure out why. Is there a limit of how many calculation scripts you can enter? I will attempt to attach my pdf as soon as I figure out how. Thanks.

For e31 :
var e30 = +getField("e30").value ;
var c31 = +getField("c31").value ;
if ( (e30 !== 0) && (c31 !== 0) ) event.value = e30 + c31 ;
else event.value = "";
for e32 :
var e31 = +getField("e31").value ;
var c32 = +getField("c32").value ;
if ( (e31 !== 0) && (c32 !== 0) ) event.value = e31 + c32 ;
else event.value = "";
for e33 :
var e32 = +getField("e32").value ;
var c33 = +getField("c33").value ;
if ( (e32 !== 0) && (c33 !== 0) ) event.value = e32 + c33 ;
else event.value = "";
Java console doesn't show any error... That's why I am wondering if it's not a limitation issue... or memory issue, because they are maybe too many rows or something....
The c value is not calculated.

Issue on Gain and Loss account in F110 document

Hello SAP Guru,
I would like to ask your assistance regarding our accounting document. The document was produced on F110 transaction.
Now the problem is Valuation Balance sheet adjustment, realize gain and loss are in one document.
25 - Vendor - 727,843.35
50 - Clearing Account - 801,874.76-
40 - Valuation Balance sheet adj - 159,734.84
50 - Realize gain - 85,703.43-
40 - realize loss - 0
How this happened? Realize loss and gain in one document, and why valuation balance sheet adjustment was used? I thought it is only use for open items?
Thanks in advance!
Jhero

Hello SAP Guru,
I have other question, I have maintained KDB accounts in OBA1. How could I test it? I mean what transactions do you have to perform to use the accounts I maintained.
Eg.
1. Post document FB01 - using Foreign Currency - Vendor + GL
2. Chnage the FX rate - to have FX valuation
3. Run FAGL_FC_VAL
Something like above
Thanks!
Jhero

The gain and loss from asset retire ment

hi
The Gain and Loss from a retirement is booked to the cost center where the asset is located, is it possible to override the cost center so all will be booked to the same cost center?

Hi
Change the Cost Centre or
Go to TCode OKB9 and enter your new Cost Centre
Srinivas

Gain and loss account

Hi,
My scenario is Mae to order, when i m going to make new Finished material , i put 1 INR in with Price control "S".Then Created sales order - creation of BOM - production order - confirmation of production order - Then Dispatch the Finished good.Then updating MR21 for price.Then in when i m going to see the accounting document there is Gain and loss account hited.Please suggest reason behind this.

Hi,
That's right! Because you changed the standard price of the finished good with t-code MR21, system had to re-calculate the stock value again, it led to update the stock account obviousely, so debit(credit) stock account and credit(debit) Gain & Loss account to balance the financial balance sheet.
Good day
Tao

HPM= Stock Transport Order = How to cancel an Gain or Loss posting

Hi,
In OGSD 4.72 functionality HPM==>"Two-Step Transfers Including Profit and Loss Determination"
We manage Goods movments with a stock transport order so when The u2018Delivery Completedu2019 Indicator is Set we have a gain or loss posted .
Question: How to cancel this gain or loss in order to reverse the flow to stock in transit.
Best Regards

How are u posting gain loss;
I am not able to post gain loss;system is generating extra line of reverse mvt typ and nullifies the loss/gain (using 303 & 305).
When I am using STO, system is not assigning tracking no.
whats settings ar reqd;
regards
Shruti

Can We Change Realized gain and loss account in system option Receivables

Hi All,
As part of our month end processes we are posting a manual journal each month to clear this GL account down to a nil balance.
Looking at the activity they all look to be automated AR postings on foreign currency transactions.
Is there any way we could get these to automatically post into account 01.2201.4901 instead of 01.9000.9757? This would save us having to do the manual journal and avoid the situation of missing any which we did last month.
Regards,
Raju.

Hi Raju,
option 1
You can change the Realized Gain and Loss Account from the System options form in Receivables, but this will be effective only for all new transactions that are going to get created and not for the existing one ...
Option 2
If you do not want to modify the system options, you can override the values at the accounting time frame by configuring an Accounting Derivation Rule for the Realized Gain and Loss Journal Line Type. Again this would take effect on new transactions only
Option 3
You can disable 01.2201.4901 and state its replacement is 01.9000.9757 in General Ledger module, so whenever system would use the replacement account for automatic processing ....
You have to keep running the Accounting analysis report in General ledger for the account string 01.9000.9757 every month to cross check whether you have passed all Manual Journal Vouchers to make the balance NIL ... i am not sure whether there is any other way of performing a cross checking and minimizing the time that is being consumed at present ....
Regards,
Ivruksha

Realised FOREX gains or losses

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