Remove Exhange Rate Difference JE from Aging balance

Hello,
I'm using the Exchange Rate Differences transaction, every month since a lots of time now. So I have JE generated for all my marketing document open at the time of the transaction.
The transaction create JEs with the BP and my exchange account.
When I look at the Vendor/Customer. Liabilities Aging, there are all the JE created. I'd like to know what can I do to remove them from the list
Thank you
Sébastien

Hi Sébastien,
When you do the end month revaluation, shouldn't you check the "Auto. Reverse" option and execute the reversal in the subsequent month? Revaluation purpose at the end of the month is merely for reporting. That's why you should post the revaluation result into a unrealized gain/loss account, reverse it at the starting of subsequent month. Hence, your A/R aging for all business partner will revert back to condition as you expected.
Best Regards,
Hendry Wijaya

Similar Messages

Exchange Rate Difference in BP Account balance

Hi Experts,
I am facing a problem, what i did i raised a outgoing payment for vendor $1000 and the exchange rate is 50 Rs, after that i did AP Invoice for $1000 and the exchange rate is 51 Rs for the same vendor. After that i linked the AP Inv to that particular Outgoing Payment.
So, the balance of BP is showing -1000 rs, after that i did currency conversion in that i added the transaction automatically it is passing a JE in that it is debiting the party and crediting the forex fluctuation account and it is showing in SC and in LC it is showing INR 0.00. But the balance of BP remains -1000 only.
How to get the BP balance to Zero, as it should be zero only.

Hi Murtuza,
It seems that you run conversion differences if you get a posting in only SC.
To adjust exchange rate differences you should run Exchange rate differences alternatively do the posting manually.
Please note that the suggestion you will get is for the full BP balance, by double clicking the line you can get a specified result of what transactions are being regulated and also select what should be posted and what shouldn't.
It is important that you include any exchange rate journal in the reconciliation if it belongs to those transactions, or it might be posted again.
Hope it helps,
Jesper

Exchange Rate difference recovory from vendor

Hi Expers,
We have an issue with our client over the below issue .
A Canadaina Plant created a PO with Hungary vendor with HUF as currency in the PO , During PO creation there an exchange rate say X1 ( Exchange Rate not fixed ) . Due to some reasons the GR is done lately after four months from the PO date creation and after the invoice is done .Invoice is done after the three months of PO creation date .and during the GR/Invoice creation the exchange rate is X2 .
Sytem posted with X2 exchange rate by not considering the X1 rate . Thease delay in making the GR/MIKRO errors causing the client to pay excess amounts to the vendor and he want to get them back now .
Requested to advice in which process he can get from the vendor and how to see that the GR to get posted with the old x1 rate for all those posted POs .
Regards,
Message was edited by, removed the unwanted terms: Jürgen L

I hope you misunderstood the facts.
if the exchange rate is not fixed, then it is not taken into account when invoice or GR is posted.
If the GR was posted after the invoice, then the goods receipt is valuated by the invoice value.
You did not overpay the vendor, because you pay the vendor in the currency of the invoice, and this amount is just equal to the amount you ordered, the difference is just somewhere in your own books

SGD Exchange Rate Difference JE appears in Customer Aging Report

Dear Experts,
SAP Version: 8.81
Local Currency: SGD
We perform Exchange Rate Difference for a USD BP to calculate the unrealized gain/loss during month-end, JE created successfully.
Next, we go to Customer Aging Report and select this USD BP.
When i choose to view the Aging Report in Local Currency, the USD Invoice will appear in SGD + Exchange Rate Difference JE in SGD, the total balance can appear in SGD with no problem.
When i choose to view the Aging Report in BP Currency, the USD Invoice will appear in USD + Exchange Rate Difference JE in SGD, i can't see the total balance as it is appeared as xxxxx.
Above is the behaviour in 881.
Last time in SAP 2005, when i choose to view the Aging Report in BP Currency, the Exchange Rate Difference JE in SGD will not appear, therefore i can see the total balance in USD.
What is your opinion about the behavior in 881? Will you consider it as design or issue?
Thanks.
Regards,
Lay Chin

Dear all,
This problem is no longer there when upgrade to 881 Patch 08.
Regards,
Lay Chin

Exchange Rate difference in Balance Sheet-Revaluation in Foreign Currency

Hi
I wanted more clarification on the Exchange rate difference the system calculates when we generate a balance sheet and revalue at a fixed rate. The system does not give a breakup of the echange rate calculated. How do we arrive at the exchange rate.
And after having the exchange rate entries posted in the system. Can the system the show these values in the Balance sheet after Revaluation
Regards
Farheen

Dear Gordan
Below mentioned is the balance sheet which is Revaluated in Euro(System Currency)at a Fixed Rate of 1.42.
at the end of this report we can see that the system has calculated Exchange rate difference as Euro -66483.03 .We want a break up of that amount which is calculated by the system
Account Name     Beginning of Year(EUR)     Current Period(EUR)     Beginning of Year(Revaluated by EUR)     Current Period(Revaluated by EUR)
Asset                                          129,932.14        129,932.14                               115,984.30     115,984.30
Fixed Assets
Owned Assets
Leasehold Improvements
Computers
Office Equipment
Furniture And Fixtures
Vehicles
Medical Equipments
Tangible Assets
Capital Work-In-Progress
Capital Work-In-Progress - Assets
Investments     104,895.10     104,895.10                                 104,895.10 104,895.10
Long Term Investments
Short Term Investments     104,895.10     104,895.10     104,895.10     104,895.10
Short term Investments
Long Term Investments     104,895.10     104,895.10     104,895.10     104,895.10
121001 - Equity Investment in Subsidiary-India     104,895.10     104,895.10     104,895.10     104,895.10
Current Assets, Loans And Advances     25,037.04     25,037.04     11,089.20     11,089.20
Current Assets     25,037.04     25,037.04     11,089.20     11,089.20
Inventories
Sundry Debtors
Cash On Hand
Bank Balances with Scheduled Banks In Current Accounts     25,037.04     25,037.04     11,089.20     11,089.20
131401 - Marfin Popular Bank,Limassol,Cyprus-17911136139     9,935.51     9,935.51     9,935.51     9,935.51
131402 - Marfin Popular Bank,Limassol,Cyprus-179132258722     13,940.48     13,940.48
131403 - Marfin Popular Bank,Limassol,Cyprus-179932258780     1,161.05     1,161.05     1,153.69     1,153.69
Bank Balances with Scheduled Banks In Deposit Accounts
Loans & Advances
Loans to Subsidiary Companies
Loans to Employees
Advances Recoverable in Cash or for value to be received
Advances recoverable in cash or in kind
Prepaid Expenses
Advances recoverable prvn.for Doubtdebts
Deposits (General)
Advance Tax/Tax Deducted at Source
Pre-Launch Expenses (Deferred)
Liability     206,065.33     206,065.33     182,467.33     182,467.33
Loan Funds
Secured Loans
Term Loans From Bank
Short Term Loan from Banks
Vehicle Loans
Interest Accured But Not Due
Secured Loan from Companies
Unsecured Loans
Term Loans from Banks
Unsecured loans From Companies
Fixed Deposits
Unsecured loans From Holding Company
Unsecured loans From Subsidiaries
Deferred Tax Liability
Deferred Tax Liability
Deferred Tax Liability
Current Liabilities And Provision     206,065.33     206,065.33     182,467.33     182,467.33
Current Liabilities     182,467.33     182,467.33     182,467.33     182,467.33
Sundry Creditors     182,467.33     182,467.33     182,467.33     182,467.33
231101 - Sundry Creditors - Supplier     182,467.33     182,467.33     182,467.33     182,467.33
Advances From Customer
Overdrawn Bank Balances
Tax Deducted at Source
Tax Deducted at Source - Non Resident u/s 195
Other Taxes
Other Liabilities - Statutory
Other Liabilities - Salary Payables
Provisions     23,598.00     23,598.00
Provision for Expenses     23,598.00     23,598.00
232106 - Provision for Expenses     23,598.00     23,598.00
Income Tax
Accumulated Depreciation
Leasehold Improvements
Computers
Office Equipments
Furniture and Fixtures
Vehicles
Medical Equipments
Software & their License
Technical Knowhow
Equity     -76,133.19     -76,133.19     -66,483.03     -66,483.03
Shareholders' Funds     1,176.47     1,176.47
Share Capital     1,176.47     1,176.47
Authorized Share Capital
Equity Share Capital
Issued, Subscribed And Paid Up Share Capital     1,176.47     1,176.47
311201 - Equity Share Capital     1,176.47     1,176.47
Reserves And Surplus
Share Premium Account
Profit and Loss Account
Profit Period     -77,309.66     -77,309.66
Exchange Rate Differences               -66,483.03     -66,483.03
Edited by: Rekha Nagaraj on Dec 7, 2010 6:14 AM

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 posting in parallel currencies

Hello experts,,
We are on ECC 6.
When we enter an 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 3 different currencies.
Example to illustrate -
DC = JPY
LC = SGD
GC = USD
PO for asset.
PO value = 10000 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 10 SGD (@ 0.1 per 100 JPY) is posted to the asset. No posting in USD (though there is a balance of 5 USD).
At clearing (Transaction FB1S - GL account clearing) the exchange rate difference (in GC only, because no balance in LC) of 5 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

Hi,
Check in t.code: OB22. the 'source currency' used for translation in . There are two options:
1 Translation taking transaction currency as a basis
2 Translation taking first local currency as a basis
Also check the notes:
335608 Trnsln of 2nd and 3rd lcl crcy fm 1st lcl/trns crcy
526623 Different treatment of local and parallel currency in ML
Regards,
Biju K

Open Item Clearing: Exchange Rate Differences

Hi guru
I have one account 100 and in fbl3n I have the following posting:
document number 1: account 100--> Amount 2000$ in S, Exchange rate 0,63
document number 2: account 100--> Amount 2000$ in H, Exchange rate 0,70
Then I have cleared this account but in the posting I have 3 lines item:
1 the account : amount 20 in S
2 passive difference: amount 100 in S
3 active difference: amount 120 in H
The user asked me a posting with two lines items:
1 the account: amount 20 in S
2 active difference: amount 20 in H
He would like to see only the difference (120-100)
is it possible?
Thanks
Edited by: Rossella Fiorella on Apr 20, 2011 1:26 PM

Hi,
you have to create two gl accounts for exchange loss and exchange gain, after that wat i mention below configuration is required .
Define valuation methods:
. (Transaction Code OB59 ).
Select new entries button
Valuation Methods:
Description: FC Valuation Bank Selling for
Document Type: SA
Debit balance exchange rate type (B) (Bank Selling)
Credit balance exchange rate type u2013 B (Bank Selling)
Select determine rate type from account balance
Select save button
Prepare automatic postings for Foreign Currency valuation
Transaction code OBA1
Double click on exchange rate defining using exchange rate key
Give your chart of accounts:
Enter
Exchange rate difference key:
Expenses account:
E/R (Exchange rate) gain account:
Save
Regards
Praveen P C
Edited by: Praveen Chirakkel on Apr 21, 2011 7:11 AM

To clear exchange rate difference

Hi,
The GR value is 436,905.00 (posted in Oct)
The LIV value is 402,255.00 (posted on Nov)
Therefor there is an exchange rate different by 34,650
How do we clear the differences?
Pls advise.

Hi Newbie,
For that you have to create two gl accounts for exchange loss and exchange gain, after that wat i mention below configuration is required .
Define valuation methods:
                                . (Transaction Code OB59 ).
     Select new entries button
     Valuation Methods:
     Description: FC Valuation Bank Selling for
     Document Type: SA
     Debit balance exchange rate type (B) (Bank Selling)
     Credit balance exchange rate type u2013 B (Bank Selling)
     Select determine rate type from account balance
     Select save button
Prepare automatic postings for Foreign Currency valuation
     Transaction code OBA1
     Double click on exchange rate defining using exchange rate key
     Give your chart of accounts:
     Enter
     Exchange rate difference key:
     Expenses account:
     E/R (Exchange rate) gain account:
     Save
May be this information is useful toyou
If you have any doubt feel free to ask
Regards
Surya

FB05 - exchange rate difference problem

Dear experts,
A customer document transferred from billing document is in currency USD while the local currency is EUR. Exchange rate is /1.32180. I clear this document of the customer using FB05, there are 3 items in the clearing document(the customer, the clearing account and an item of bank fees). On that day, the exchange rate /1.36150, and the configuration of OB09 have been set.However, the exchange rate difference goes to the bank fees account instead of the pointed account in OB09. this issue occurs sometimes not always.
Thank you in advance.

Hi David
Your figures don't add up??? If I take the Local balance and the Foreign balance then the exchange rate applied would have been 9,641.77 at that point in time and not 11,945.30 or 10,894.03. At what point are any of these 2 applicable and were there any other exchange rate differences posted and not yet reversed?
Can you check your numbers and give me a more clear indication of what the problem is. Also 24,125.00 * 1,051.27 = 25,361,888.75 and not 2,202,357,298.05.
Let me know so I can better understand the issue.
Kind regards
Peter Juby

Exchange rate difference in f-03

Hi all
pl. help me. I am not able to clear open item in f-03 which is maintained in BRL. I am posting payment in usd. the error reads:
Ex.rate diff.accts are incomplete
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.
I have called transaction OBA1, and entered the GL a/c and currency BRL. Even i cannot save it says
"Enter line items first or choose open items"
pl reply friends urgently
Thks
uma

Hi Uma,
Exchange Rate has been defined both the end. Like INR = USD and USD = INR.
Here you are not yet defined GL account for Exchange Rate Difference account (Gain or Loss).
T.Code OB09 Define G/L , Currency and Currency Type.
Before that you would have the GL account please create in FS00.
Hope it will help you.
Regards,
Sivakumar Sathiyamoorthy
+919916131375

GR/IR Exchange Rate Difference behavior

Dear guru,
I would like to know for the case of Invoice Receipt (IR) before goods receipt (GR) in different month with different exchange rate.
For example:
AUD is the local currency
PO# 1230000001, PO currency EUR, Material A, Unit Price 1EUR each, total quantity 100, without GST.
Invoice receipt (IR) @ 01-Dec-2008, with rate 1.95330 From EUR to AUD.
TCode MIRO
Dr GR/IR   100 EUR, 195.33 AUD
Cr Vendor 100 EUR, 195.33 AUD
Now, we do goods receipt (GR) @ 01-Jan-2009, with rate 2.02740 from EUR to AUD.
TCode MIGO
What should be the proper behavior?
I tried that myself in the system, and found 3 different behaviors.
Behavior A (Both Foreign Curr & Local Curr Amt is the same as IR amt, and a pair of Price Difference Posting)
Cr GR/IR   100 EUR, 195.33 AUD
Dr Inventory   100 EUR, 195.33 AUD
Dr Exchg Rate Diff   0 EUR, 7.41 AUD
Cr Material Variance   0 EUR, 7.41 AUD
Behavior B (Foreign Currency Amount is the same as IR amount)
Cr GR/IR   100 EUR, 202.74 AUD
Dr Inventory 100 EUR, 202.74 AUD
Behavior C (Local Currency Amount is the same as IR amount)
Cr GR/IR   96.35 EUR, 195.33 AUD
Dr Inventory 96.35 EUR, 195.33 AUD
I would like to know where in the system configuration or master setup control the above behavior?
Thanks in advance!
Best regards,
Chris

Hi:
        Please check account assignments in OBA1..KDF ,,See if GRIR clearing accounts have been maintained there or not. If not then they should be maintained there . Further double click after maintaining account there and there you will have to assign GL account for exchange rate gain and loss . Also check in OBYC the assignment of GRIR clearing account,
Regards

Exchange rate difference between MIRO and GR/IR

Hi,
Exchange rate difference between MIRO and GR/IR we need to written off as a expense for imported w/off expense and in case of assets we need to post exchange rate difference to exchange fluctuation account. Currently exchange rate difference is accounting under capital work in progress(Asset)instead of exchange fluctuation.
Thanks in Advance
Regards
Venkata Suresh

Hi,
At MIRO stage, after entering PO number system will automatically populate the GRN value for selection. Here if you found that invoice value, which you have received from the vendor, is more than the system proposed amount, then you can adjust that diff amount in the GL account tab, which is next to PO reference tab in MIRO.
There enter the exch loss GL account and enter the diff amount.
Thanks,
Srinu.

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Follow the instructions in the support article from which you came and select "none" as the payment method. If you don't see a "none" option, you may have an outstanding balance that you owe. If you've been using a true credit card that's unlikely, but if you've been using a prepaid "credit" card or a debit card where there is a balance, it's a possibility.
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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

Remove Exhange Rate Difference JE from Aging balance

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