REGUD - WABZG - Total Deductions in Foreign Currency

All,
There is a field called Total Deductions in Foreign Currency in REGUD-WABZG. The field used in SAP Script Form. I would like to remove this field from the SAP Script Form, but I want to confirm that this field does not have any values before I remove it from the form. When I looked at the table data, all I found was that Table REGUD and the field name is WABZG. I tried looking up in BSEG, but I didnt not find a similar field. I would like to know what table and field is used to populate this field WABZG. Thanks.
AJ

Hi Samir,
The Goods Received NI (Allocation Cost Account) need to be balaned in Local and System Currency as this is a Multi Currency account and these are the currencies that Business One will offer reports in.
The Foreign Currency for this account is irrelevant as you can never get a balance in FC for a multi currency account, neither will you find any reports for this.
If the client insists you can create a manual Journal entry in FC only to correct this. Business One does not offer any functionality to correct the Foreign Currency in this scenario. (like Exchange Rate difference for Local Currency and Conversion Differences for System Currency)
To do the manual JE open the form settings and the tab 'table', here untick the box 'From FC Field'. This will enable you to create a FC JE only.
Hope it clarifies the issue.
Jesper

Similar Messages

F110 Total per foreign currency

Hello
We are using transaction F110, when we see the proposal list, we can see the payments per Vendor, and at the bottom the Total per currency, but, it convert automatically to local currency (MXN here in Mexico)
Do you know if we can configure it in order to have the totals on Foreign currency (USD and EUR)?
Thank you in advance
Regards.

Hi SDNFICO
The payments were made in the document currency (USD or EUR), and at detail level I could see the amounts on foreign (document) currency, but at the bottom, at the totals, it shows in local currency (MXN)
Thanks.

Payment program F110 for Vendor Open Item in Foreign currency

Dear sap Guru
Is it possible to Ensures that no exchange rate differences are posted by the payment
Program? I mean: The amount in the bank posting in local currency does not result from translating the foreign currency amount at the current rate but from the total of the local currency amounts from the settled items.
Best regards
marco

Dear PAtel,
I checked and the ther eis the check box 'No exchange rate differences' anyway during the payment program execution the system is making some recalculation for open item in fc.
Someone knows what is the coloumn "Valuation Difference" in the Dysplay Payment Proposal Open Item list?
regards
marco

Error when using automatic clearing (F.13)with foreign currency valuation.

Hello all
below is our problem, please suggest us a solution
We are experiencing a problem when running the automatic clearing in SAP. Somehow, the system seems to clear (with no reason) open items created with the revaluation of foreign currency.
Let's say that we run the valuation of open items in foreign currency for December 31, and we run the program to post the reverse entry as of January 1 of the next year. As a result of this valuation, the system calculates a loss of 10 euros. Therefore, it posts a document with a debit entry of 10 into the Loss account, and a credit of 10 in to account where the valuation was carried out. This document has a posting date of December 31. The batch program also creates the reversing entry, this time a credit entry into the Loss account, and a debit into the original account.
If now, we try to run the automatic clearing (F,13) on December 31 for those accounts, the system will create (automatically) a document on December 31, similar to the reversing entry that the valuation created, clearing at the same time, the first document that the valuation originally created.
The final result then is that the valuation makes a posting, and we end up having two reversing entries. Does it make sense?
In our scenario in the system P70, for MX10, we have a foreign currency valuation run on December 31st, which posted the document numbers:
1) 5100004579/2008, for a total of 0 euros, and 240,483.17 MXN. Credit to account 11081108 Finavigate cash receipt bank collect.CMG MXN.Debit to account 18601000 Losses f.foreign curr.valuation on financial trans
2) In the same batch, the system also books a reversing entry (doc 5100000042/2009) with posting date 01.01.2009 with exactly the same opposite entries as in the previous document.
3) After this, we run the automatic clearing with posting date 31.12.2008, and now, the system creates automatically the document 5000003236/2008, which clear the original document, 5100004579.
The final result, as you can see, it's out of balance, there is an additional document that we need to reverse.
Thanks in advance
sujatha

To my knowledge you get do two things:
1. In F.13 transaction don't include both the GL accounts where the Dr. and Cr. posting from the valuation run have taken place. With this the system won't find the matching entry.
2. If you want to use all the GL accounts in F.13, then check the clearing procedure configuration and make suitable changes.
With the info provided, this is the only thing I can suggest.
Regards,
~Vishal.

Foreign currency on Transaction S_ALR_87012178

Hello,
I am from Mexico and our system Local Currency is Peso (MXN) I am running the transaction S_ALR_87012178 for a customer on the US, (invoices are on USD) if I see the detailed section (invoices), it shows me amounts in Local Currency (MXN) and in Foreign Currency (USD) but, if I see the resumed section, I mean, the total amount for each days terms, there I only can see the amounts on Local Currency (MXN). Could anybody help me to find if there is a way to view them on foreign currency? that is the original currency of the invoices.
Thank you in advance
Regards.

Hi, Enrique
if you use summarization level 6, the parameter "OI sorted list sorting" is always set to 1. This means that the items are listed in local currency only when you use this summarization level. The reason is that a summarization level 6 causes a single-line list output. This means that customer number, sorting field and list data are all issued in one line. Since one line has only 132 characters, there is just not enough space for the curreny. Note 769338 has some very useful information you can refer to.
I hope this helps.
M Trein

Posting in Foreign currency

Hi all,
We have created following transaction in Foreign currency
Purchase Order with exchange rate of Rs.48/- per USD
          Qty     Rate in USD
1     Item 1     5000     25
Goods Receipt P.O. with exchange rate of Rs.49/- per USD
          Qty     Rate in USD     Total
USD
1     Item 1     4000     25     1,00,000
Journal Entry for GRPO is as follows
     Account     LC   INR     SC INR     FC USD
1     Inventory Account     49,00,000     49,00,000     1,00,000     Debit
2     Goods Receipt IR     49,00,000     49,00,000     1,00,000     Credit
A/P Invoice with exchange rate of Rs.50/- per USD
          Qty     Rate in USD     Total
USD
1     Item 1     4000     25     1,00,000
Journal Entry for A/P Invoice is as follows
     Account     LC   INR     SC INR     FC USD
1     Vendor     50,00,000     50,00,000     1,00,000     Credit
2     Inventory Account     1,00,000     1,00,000     2,000     Debit
3     Goods Receipt IR     49,00,000     49,00,000     98,000     Debit
Now when we see General Ledger for account Goods Receipt IR it shows balance as zero in Local and System currency, where as it shows USD 2000 credit in Foreign currency (FC).
The customer expects Goods Receipt IR to be zero by having journal entry for A/P Invoice as follows Journal Entry for A/P Invoice is as follows
     Account     LC   INR     SC INR     FC USD
1     Vendor     50,00,000     50,00,000     1,00,000     Credit
2     Inventory Account     1,00,000     1,00,000          Debit
3     Goods Receipt IR     49,00,000     49,00,000     1,00,000     Debit
Thanking in advance,
Samir Gandhi

Hi Samir,
The Goods Received NI (Allocation Cost Account) need to be balaned in Local and System Currency as this is a Multi Currency account and these are the currencies that Business One will offer reports in.
The Foreign Currency for this account is irrelevant as you can never get a balance in FC for a multi currency account, neither will you find any reports for this.
If the client insists you can create a manual Journal entry in FC only to correct this. Business One does not offer any functionality to correct the Foreign Currency in this scenario. (like Exchange Rate difference for Local Currency and Conversion Differences for System Currency)
To do the manual JE open the form settings and the tab 'table', here untick the box 'From FC Field'. This will enable you to create a FC JE only.
Hope it clarifies the issue.
Jesper

Material valuation difference in FI and MM area for P.O in foreign Currency

Seek assistance in solving the following issues related to P.O in foreign currency. Thanks in advance
1, For purchase orders in foreign currency, during MIGO,in the FI document, the inventory value which include cost payable to the vendor, taxes, CHA and freight are calculated in foreign currency and the company code currency value is arrived by multiplying the total inventory value with the exchange rate prevailing in Ob08 on the posting date of MIGO, instead of adding the values of basic price converted to local currency at the rate prevailing on MIGO, Custom duty at the rate prevailing on Customs Miro and Freight CHA etc which are inputted in local currency and converted to P.O currency in P.,O, at the exchange rate in P.O
The value thus arrived is different from the actual value paid since the freight and CHA are in co code currency in the P.O and converted to P.O currency in P.O with exchange rate prevailing on the date of P.O and Custom duty paid in local currency is at the rate prevailing on Custom MIRO.
2, Freight and CHA are entered as condtions in the P.O and the values entered in local currency. These are converted to P.O currency by the system at the exchange rate prevailing on the P.O date. During MIGO in the FI document the values for these are arrived by multiplying the value in P.O currency with the exchange rate prevailing on MIGO. for e.g. the CHA lumpsum entered as INR 20,000 is converted to $ 400, assuming the OB08 rate on the date of P.O is 50. if on the date of MIGO OB08 is 60, during MIGO, in the FI document entry for local currency the CHA charges become 24000. ( 400 x 60 ). While the actual amount is 20,000. the same scenario exist for freight too which is entered in local currency.
WHAT IS HAPPENING
1. Foreign Vendor - Foreign Currency X OB08 rate on MIGO Posting Date
2. Freight - Company Code Currency Converted to Foreign Currency as per OB08 rate on PO Creation Date X OB08 rate on MIGO Date
3. CHA - Company Code Currency Converted to Foreign Currency as per OB08 rate on PO Creation Date X OB08 rate on MIGO Date
4. Customs - Company Code Currency Converted to Foreign Currency as per OB08 rate on Actual Customs Payment Date X OB08 rate on MIGO Date
WHAT IS REQUIRED
1. Foreign Vendor - Foreign Currency X OB08 rate on MIGO Posting Date
2. Freight - Company Code Currency Converted to Foreign Currency as per OB08 rate on PO Creation Date X OB08 rate on PO Date
3. CHA - Company Code Currency Converted to Foreign Currency as per OB08 rate on PO Creation Date X OB08 rate on PO Date
4. Customs - Actual Customs Duty paid in Company Code Currency through Customs MIRO

Hi
i am still waiting for someone to put a comment on this thread
regard
Nabil

Pricing for BP working in Foreign Currency only (differs from Sys. Curr.)

Hello,
a vendor is setup with currency = Euro
The issue is that when creating a marketing document the item price
shows/loads is in USD ( The Total Doc is the total amount in Euro).
When I go into the line item and change the Item Price it changes the currency to Euro.
The item is purchased only from this vendor and all transactions ar handled in Euros.
The questions I have are for SAP Business One 2005 SP01 default system:
Can I have the line item loaded with the Euro Price - in the Item Price and not the USD?
Is there a way to have a price list with Euro or any foreing Currency different from the system currency?
Can I setup special prices for the BP and the items in Euro /Foreign Currency?
Thank you,
Massi

Hi Massi,
you will need to create a EUR price list & link that to the BP :
To create a price list(PL) in a currency different from the local currency (LC) follow the steps below:
1. Go to stock management -> Price Lists -> either rename an existing PL orcreate a new one by clicking on Data -> Add row or pressing Ctrl+I.
2. Give the PL an appropriate name, e.g. 'Euro Price List'.
3. Select itself as Base Price List.
4. Set a factor of '1'.
5. Set a rounding method as appropriate.
6. Assign an appropriate authorisation group.
7. Click on 'Update.
8. Double-click on the row number of the new PL.
9. Enter the item prices with the 3 digit prefix of the currency, here EUR.
10. Update after each price entered.
11. Assign this PL to the apprpriate business partners (BP) under Business Partners -> Business Partner Master Data -> select BP -> Tab Payment Terms -> select from drop down list in 'Price List' field.
Just keep in mind that this PL cannot be based on any PL that is not kept in EUR, hence it must be updated manually.
All the best,
Kerstin

FOREIGN CURRENCY VALUATION QUERY

I am doing a customer invoice posting in USD for 1300$ (INR 46 Rupees) - Tcode F-22
If I do a customer incoming payment for a total amount of 1300 $ (INR 47 Rupees) - Tcode F-28 - Here the system is creating a line item automatically generated for Exchange gain and posting the gain amount directly to Exchange gain account.Here I need not do any valuation of foreign currency.
But in a scenario when the customer is doing a partial payment of 400$ (INR 47 rupees) - Tcode F-28 then system is not creating a line item for Exchange gain for the profit on 400$. When I do the valulation run through FAGL_FC_VAL then only system is crediting the exchange gain a/c.
Now if i want the exchange gain amount to automatically credited when I do the partial payment also, i.e., if I need the line item Exchange gain account to trigger automatically when I do the partial payment instead of running the FAGL_FC_VAL then is there any option for the same.
Regards,
Padmavathi

Hi JP,
While making Partial Payments also you can post forex gain/Loss but for that a little configuration is required. The IMG path is :-
Financial Accounting Global Settings (New)>Global parameters for Company code>Currencies>Indicate Currency Differences for partial payments.
Here against the document type, which you are using for making partial payments you have to tick that doc type and then the Forex gain/Loss gets posted even on partial payments.
Hope this help
Regards,
SAPFICO

Foreign currency partial payment

Hi Experts,
I have done the following transactions.
System: ECC6 & New GL is active
Local currency is EUR
1. created customer invoice (F-22)
invoice amount is 1000USD (foreign currency)
Exchange rate - 1.2
Local amount is 1000$ * 1.2=1200EUR
2. Created incoming partial payment (F-28)
amount is 600USD
Exchange rate - 1.3
Local amount is 600 * 1.3 = 780EUR
When I simulated this partial payment there is no exchange gain/loss item.
3. Creating incoming payment for remaining amount (F-28)
amount is 400USD
Exchange rate - 1.25
Local amount is 400 * 1.25 = 500EUR
In this document, system calculates total exchange gain/loss and created respective item.
Question: on what accounting principle, system is behaving above way?
How do I carry out this example based on IFRS if this is not the way IFRS works?
Thanks,
Sukhbold

Hi Sukhbold,
This is a system standered behaviors, as you are doing Partial payment clearing system is not clearing any open item here where as it creating additional line item of Dr with the new exchange rate. So when ever you clear the rest of payment along with invoice and partial clearing documents then system will generate the exchange rate difference line item for full invoice amount.
For your understanding try with Residual clearing then you will get the Exchange rate difference line item.
Thanks
Sreenivas

Why foreign currency valuation is required ?

Hi.
I just want to clear my doubt. If we deal with foreign vendors or customers like vendor invoice is done through USD or EUR or GBP but payment is not made till now or customer invoices are done but payment is not received from them in month of August. In that case if we run foreign currency valuation of open vendor invoices and open customer invoices on 31st August it will generate accounting entry and next day i.e, 1st September accounting entry will be reversed. So my question is we have not received from customer and we have not paid to vendor, invoices are still open from customer and vendor side. So if we run foreign currency valuation what will be its actual effect in the business and if we not run foreign currency valuation what are the problems may arrises because later if we pay to vendor through foreign currency then actual loss / gain effect will arrise in our business scenario.
Kindly give me reply.

hi
As part of the period end process, and in anticipation of creating a period-end financial statement, all accounts held in foreign currency and all foreign currency open items must be re-valued at the period end rate. There are two tools within the SAP ERP Packaged Solution for this purpose:
Foreign Currency Revaluation u2013 Balance Sheet Accounts: The program selects every balance sheet account, typically cash accounts, that is held in a foreign currency and re-values the total balance at the currently valid rate. Any (sterling) exchange rate difference is posted to a realised gains/losses account.
Foreign Currency Revaluation u2013 Open Item Accounts: Open item accounts managed in GBP, such as debtors and creditors, may contain foreign currency transactions. The program will individually revalue each open item to determine an overall unrealised foreign exchange gain or loss position. The realised exchange rate gain/loss is posted when the transaction is cleared.
It is a statutory requirement to meet hte FAS52 and GAAP requirements
thanks
Srilaskhmi

F.05 Foreign Currency valuation not posted automaticall to GL account.

Hi,
When we are running F.05 the GL account 3170700 u2013 Gds Recd not Invoiced GRAN is not posting automatically.
Though the GL account is matained in TO30H table and included in the variant that using for F.05 run.
Kindly help me to understand what would be the root cause for not posting automatically.
Thanks,
Hari.

Hi,
If you have a G/L account which have open item management feature, system calculate valuation for each open line items.
For example 2000100 G/L account has open item management and their line items like below.
My local currency is TRY and I posted all items in EUR after that I valuating this line items.
A. line items
Doc Currency Amount : 1.000.000,00 EUR
Posting date exchange rate : 2,00000 (EUR/TRY)
Posting date local currency amount : 2.000.000,00 TRY
End-of-month exhange rate : 2,50000 (EUR/TRY)
Difference : 500.000,00 TRY
B. line items
Doc Currency Amount : 2.000.000,00 EUR
Posting date exchange rate : 2,20000 (EUR/TRY)
Posting date local currency amount : 4.400.000,00 TRY
End-of-month exhange rate : 2,50000 (EUR/TRY)
Difference : 600.000,00 TRY
System calculate and post valuation for each line items and system using balance sheet adjustment account for posting. If you manage your account (like 200100) with open item, you couldn't post valuation on this account. System using balance sheet adjustment account and loss/gain account for posting. You can customizing this steps via OBA1 (then choose KDF).
In same account, If you don't manage with open item, system valuating the balance. In this example 3000101001 account has 3.000.000,00 EUR balance amount. When you execute F.05 with option "Valuate G/L account Balances" you can see only one line items for each account and their currency on F.05 output.
A. line items
Total Foreign Currency Amount : 3.000.000,00 EUR
Total Local currency amount : 6.400.000,00 TRY
End-of-month exhange rate : 2,50000 (EUR/TRY)
Difference : 1.100.000,00 TRY
Then when you post the valuation document, system using 200100 account and loss/gain account for posting
Thanks,
Raviteja

Foreign Currency Revaluation Configuration

Dear Expert,
How to configure OBA1 Foreign currency revaluation. please expline KDB and KDF,
Which GLs will assign in Exch. Rate Diff. using Exch. Rate Key (KDB) and Exchange Rate Dif.: Open Items/GL Acct KDF. please explain .
Regards
Jhaanu

Dear Jhaanu,
Please fallow below Details and see step by step. it should help full for you..
Purpose
This wiki provides a demonstration of valuation of Open Items In Foreign Currencies
Overview
From the help.sap.com documentation the following is stated
Valuation of Open Items in Foreign Currencies.
Use
All open items in foreign currency are valuated as part of the foreign currency valuation:
The individual open items of an account in foreign currency form the basis of the valuation, that is, every open item of an account in foreign currency is valuated individually.
Example of open items are customers, Vendors, or GL accounts managed on open item basis (SKB1-XOPVW = X)
The total difference from all the open items in an account is posted to a financial statement adjustment account. The account therefore retains its original balance.
The exchange rate profit or loss from the valuation is posted to a separate expense or revenue account for exchange rate differences as an offsetting posting.
A valuation cannot be made by posting to the payables/receivalbes account, since reconcilation accounts cannot be directly posted to.
For this reason the amount is posted to an adjustment account, which appears in the same line of the balance sheet as the reconcilation account
Step 1 - General customizing
Local currency of company EUR -
Implementation Guide: Financial accounting (New) -> Financial accounting global settings (New) -> global Parameters for company code - Transaction code OBY6
Exchange rate 1 USD = 1,7 EUR
Implementation Guide: SAP NetWeaver -> General settings -> Currencies (check all settings) -> Enter Exchange rates (Transaction code OB08)
Step 2 - Create Invoice
SAP Easy Access -> Accounting -> Financial accounting -> Accounts payable -> Document entry -> FB60 Invoice
Post document
Display document posted via FB03
Change in exchange rate occurs 1 USD now equals 1,63 EUR
SAP Easy Access Screen choose -> Accounting -> Financial Accounting -> Accounts Payable -> Accounting -> FBL1N -Display/Change Line items
Step 3 - Review of Foreign Currency Valuation customizing
Prior to performing a foreign currency valuation review of customizing:
Implementation Guide:Finanical Accounting (New) -> General Ledger Accounting (New) -> Periodic Processing -> Valuate
Define Valuation Methods
Define valuation Areas
Define Accounting Principles
Check Assignment of Accounting princples to ledger Group
*required if you have more than one ledger
Perpare Automatic Postings for Foreign Currency Valuation
Select Transaction KDF, enter Chart of Accounts
The Target Accounts for KDB/KDF can also be defined per valuation area
Account Determination per Valuation Area
Step 4 - Perform Foreign Currency Valuation
To perform a foreign currency valuation, from the SAP Easy Access Screen, choose Accounting -> Financial Accounting ->
General ledger/Accounts Receivable/Accounts Payalbe -> Periodic processing -> Closing -> Valuate -> Foreign Currency Valuation (New)
Transaction FAGL_FC_VAL (Program FAGL_FC_VALUATION)
Execute
Click on Postings button
To create valuation documents create postings must be ticked on, if you execute without create postings ticked, this means that program is run in test mode.
If there are errors when posting, a batch input session is created (transaction SM35)
Update run is saved in table FAGL_BSBW_HISTRY
Best Regards,
Krish.

CJI3 - Total Value in Transaction Currency values not Appearing

Hi experts,
We have a question regarding the CJI3 transaction. We open a project in CJI3 and view all its postings. From the report we observe two columns:
Total Value in Controlling Area Currency and Total Value in Transaction Currency columns.
These two columns, for the most part show the exact same values. However, there are some lines that display a 0,00 EUR value for the Total Value in Transaction Currency column.
Why does this happen? Shouldn't these values for this column also be displayed? We're not sure if this is correct behavior.
Well, any input will be greatly appreciated!
Thanks and best regards,
Fernando Montenegro

Have you considered the possibility that the value in transaction currency may indeed be zero for those documents?
Here is an example how this can happen:
I have a purchase order denominated in a foreign currency. At goods receipt, the goods are valued in local currency converted at the current exchange rate. Then comes the invoice. The amount in foreign currency is the exact one from my order. But the exchange rate has changed.
As a result, an Fi document will be created for the difference amount in local currency with the value in transaction currency being zero.
Regards
Nikolas

Foreign currency, VAT amount,Variables, PLD

Hi guys,
We have SBO2007 version 46.
The system currency is GBP, and we have some purchase orders in EUR, where I am trying to show VAT amount in the right currency in the printouts.
There are two layouts on the system
1) Purchase Order (System) -- There isn't a VAT field above document total.
2) Purchase Order (DIN) (System) -- The VAT amount fields use system Variable 229 and 230, which I cannot copy/use in my own layout.
Error message: printing error: invalid variable number 229 etc.
I also found that variable 116 is for VAT in system currency-GBP and variable 112 is for VAT in BP currency-EUR.
Please anyone can help on the solution that the right VAT amount is displayed in right currency in one PLD.
Thank you very much
Regards,
Yang

Thank you very much, Gorden and Premraj.
I will try the ideas.
In the meantime, I wonder that there must be a common practice to have VAT in foreign currency (and document total) shown on marketing documents.
How do you guys do it? It would be a pain to revise all types of documents. Is there some setting to change so that the system can deal with it automatically, or a variable becomes available?
NB I have set "all currencies" in the BP master.
Thank you
Yang

REGUD - WABZG - Total Deductions in Foreign Currency

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