Setting Up Parallel  Currency

Hi SAP Expert,
We have issue with post implementation in regards to parallel currency.
We created Singapore Co-Code with USD currency and all the transaction happens in SGD (Singapore Dollar). The reason behind this setup is we have all our liabilities in USD and we wanted to avoid any FX gain or loss hitting our P&L.
Now the client wanted to view both currencies report and transactions. e.g. USD and SGD.
FYI the 1st local currency was setup as Co-code currency (10) which is USD and 2nd local currency was setup as (30) Group currency which is USD too.
Which will be the best way to handle or setup the SGD currency? We have activated Flex-GL in our ECC 6.0. Can we handle this through flex gl?
Any suggestions and guide?
Mano

Hi Perumal,
Is the transaction currency always SGD or will it include other currencies as well?
If you dont have any other transaction currency other than SGD. Then you can always create a custom report to give the details in both currencies.
If you have transaction currencies other than SGD then there is no way you will be in position see the details in both the currencies,unless you convert the USD balances to SGD based on business rules which is really very complicated .
We have situations similar to you , but handle the same by creating a custom report in transaction currency.
Hope this helps.
The best way is to define SGD as local currency and USD as Group currency how ever you indicated teh client dont want to do it that way. If the client dont want to do thing in a staright way then custome report is the only way.
Sekar

Similar Messages

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  • Parallel currencies in AA

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    This is the answer from OSS
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    Hi,
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  • Parallel Currency Depreciation Areas.

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    Thanks in advance for the same.
    Regards.

    Hi,
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    Hi Experts,
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  • Exchange rates with two parallel currencies

    Hi all,
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    Go to SAP Netweaver> General Settings> Currencies and manipulate the following and you should be able to maintain only one set of exchange rates.
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    Hi,
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    1433535    Parallel valuation: Ledger approach
    1594311    Duplicate posting in non-leading ledger when APC tr
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    Best regards,
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  • SAP FICO-parallel currencies

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