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
Similar Messages
-
Asking Exchange rate at the time of Customer aging report
Dear All,
I am facing one problem, when I am asking customer aging report the system is asking to enter exchange rate.but at the time of vendor aging is working fine does not asking any exchange rate,this problem happens only one specific user, not for other users.
In other users it is working fine.Do we need to do any configuration for that user for working this customer aging report.
Please give solution as soon as possible
Thanks advance.
Regards
Komanduri.We faced the same problem today.
Finally, we found out the user accidentally selected the currency which we didn't set the exchange rate in the aging report.
After the aging report is generated, we can change the currency in the upper left corner.
If we didn't set the rate of that currency, it will keep asking.
Even if we close the aging report and open again, it will still ask for that currency before it could generate the report
When we set the rate of that currency, it will not ask exchange rate again -
Reconciled transactions appearing in customer aging report
Hi all,
I have 2 Invoices amount to 2000 rs say 1000 rs each.I received a payment of 1900 rs i.e a 100 rs less for the 2 invoices.My accountant has recorded this in the following manner that he has selected both the invoices and an "On account" payment of -100, so the entire transaction got balanced.As a result both the invoices are closed as well.
Now my question is ....can we treat this a reconclied trasaction or an Un-reconciled trasaction.Will these both invoices appear in the customer aging report if we select "display reconciled trasactions" option.
Regards & Advance thanks,
MobinWhich SAP B1 Version and Patch is under use at your end ?
There were issues in SAP B1 regarding reconcilliations in versions prior to 2007 series.
Samir Gandhi -
Reconciled amounts appears in customer aging report
Dear all,
When we take aging report for reconciled transactions,reconciled amounts appears in
aging days ,the invoices which are reconciled still showing in Aging report (Suppose we have ar invoice in 0-30 days and its payments (journal entry ) made in 30-60 days it's
already reconciled)
Why it is showing in reconciled aging report ?
I am using B1 2007 Pl 17
Regards
Saurav GuptaHi Saurav Gupta,
the ageing report allows you to pinpoint open transactions at a particular date.
Consider this:
System Date (Today) : 08.08.2011
Ageing date 01.08.2011
Invoice Posting date: 20.07.2011, due date : 31.07.2011
Payment Date for invoice 02.08.2011
You allow documents to be considered up to the ageing date.
-> The invoice above, although fully paid, will be shown as overdue since you are ignoring all transactions after the ageing date. As far as the report is concerned, the payment hasn't happened yet.
With these options, the invoice will be shown as well:
System Date (Today) : 08.08.2011
Ageing date 01.08.2011
Invoice Posting date: 20.07.2011, due date : 31.07.2011
Payment Date for invoice 02.08.2011
You allow documents to be considered up to the system date & choose to display reconciled transactions.
-> all documents up to today will be taken into consideration, meaning that both the invoice & the payment are shown in the report.
To see the true open documents today, choose these parameters:
System Date (Today) : 08.08.2011
Ageing date 08.08.2011
You allow documents to be considered up to the system date & have all tickboxes unchecked.
Also, please upgrade your system at the earliest convenience, you are using a very old version.
All the best,
Kerstin -
Whrere to create the Exchange rate difference key in customizing?
HI All,
I've to create the Exchange rate difference key, to put in the master data of G/L Account.
Could anyone show me the customizing navigation to create it?
Thanks a lotHi,
to have this functionality you must define you GL account in OB09 and addicional accounts for exchange gain/loss.
let me know if it helps.
regards -
Treatment of exchange rate difference- company code not appear in the list
Dear guru,
I am configuring the treatment of exchange rate difference (SPRO> MM> LIV > Incoming invoice> configure how exchange rate differences are treated). However,the company codes that needed to be configured are not appear in the list. Please note that in the config screen, dont have the option of "New entry", we only set base on the list of existing company codes.
Also, please be noted that we configured accounts for KDM, PRD in OBYC already
Appreciate your respond.
Thanks and best regards,
HongHi,
Check in table "T169P" & "T169V", whether your Co. code exists or not? If not then maintain following config settings.
SPRO > Materials Management > Logistics Invoice Verification > Incoming Invoice
> Maintain Default Values for Tax Codes (After maintaining this entry by "New Entries", it will start appearing for following options)
> Configure How Exchange Rate Differences Are Treated
> Configure How Unplanned Delivery Costs Are Posted
> Edit PO Supplement Text in Invoice Verification
> Set Check for Duplicate Invoices -
EXCHANGE RATE DIFFERENCE WHILE CUSTOMER CLEARING
Hi,
while clearing the customer through f-32, system is not picking the exch. rate. gain/loss a/c. Also when I am clearing the payment on same date as the payment date, system is not picking the same exchange rate as it is for payment.
Regards,
akashHello Akash,
i think this may help:
The currency rate picked up by the system is the current one, not the
rate in the posted document.
However, this can be avoided by setting the flag
flag "XSLTA" (no foreign exchange rate when clearing in Local currency).
in fs03.
Please set this flag and then simulate the clearing with currency
(local currency). Exchange rate differences items are not posted.
Please refer to the field on line documentation for and example and
further information.
Kind regards,
Jon -
Exchange rate difference not getting posted to KDM account during MIGO/MIRO
Hello Gurus,
I have a purchase order with many line items. For some of the line items, the exchagne rate difference between the date of MIGO and the date of MIGO is taken to the KDM account. But for some other line items, it is not being taken the KDM. For such line items, the value of the GR/IR account in the local currency is different from MIGO to MIRO. Due to this, the GR/IR clearing is not happening automatically.
Do you have any idea, why the system is not taking the different to KDM for some line items and taking it correctly to KDM for others.
The only difference that I noticed between these 2 line items was
In case where the KDM account is determined, the GR was done for only one line item
In case where the KDM was not determined, the GR was done for more than one line item.
Thanks in advance for your replies
Thanks and Regards
VenkateshHi Venkatesh,
I suspect that in your system may be the setting in OMRW is not activated. If the CCurr indicator is not activated for respective company code. Please refer to the information from note 980402 :
After you implement this note, you can use Customizing transaction OMRW to make settings for the new logic for each company code and each currency (the first local currency and two other material ledger currencies, if the material ledger is active). If the CCCurr indicator (V_169P_PK-KDHW) is set, this activates a new logic for calculating the exchange rate difference (KDM amount) in the company code currency (first local currency). As a result, the system also generates KDM lines for purchase orders with account assignment and for purchase orders with MAP materials in inventory management and in invoice verification if required. If the material ledger (ML) is active, you can set a corresponding indicator for additional ML currencies.Bear in mind that the system performs a 1:1 cancellation for the KDM line in the cancellation transactions.
If the indicator is not activated, then the new logic for calculating the exchange rate difference is not active.
I hope this helps.
Regards
Ravinagh Boni -
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
MJHi 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. -
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,
HalaswamyHello,
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 screen
Forum,
Could i ask for some advice regarding the exchange rate differences screen. I currently have a scenario where i have 2 stock accounts.
One is USD$ the other is EURu20AC. These two stock accounts are normally revalued annually. The year end is: 31/01/11
I have since run the above routine for 31/01/11 and it gave me a large difference which is what i would expect to see as it hasn't been run for 12 months.
It has now been decided that the revaluation of the stock accounts will now be done monthly for the new year so I have run the exchange rate differences routine using the execution date: 28/02/11. The difference I have appearing in this months is huge. I would only expect it to me minimal as it should only revalue entries made in February (exclude those included in the previous month)? Instead, it appears to be being calculated on the overall FC amount which includes everything since the beginning.
Is this how SAP works?
Regards,
JuanHi Juan,
Here is some read for you. Very first line it says, the inventory valuation is for the entire stock.
It is quite likely you are getting a big difference, as US dollar has fluctuated 1.55/Euro to 1.2x /Euro. That is some 20 percent difference. You may be chosing FC rate of specific date.
Also, by any chance did you change the valuation method?
http://help.sap.com/saphelp_sbo2005asp1/helpdata/en/09/58078f4f91724b934c56c3c400f0f6/content.htm -
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,
HalaswamyHi,
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 -
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
FarheenDear 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 -
Exchange rate difference in transaction FB05
Dear experts,
I have a question regarding exchange rate difference in transaction FB05.
Prerequisite:We have implement accounts for the exchange rate difference in OB09.
I try to clear the customer in a billing transfer document in FB05, and I didn't do any manual change about amount during the process.
In the clear document there are three items:
Item PK Account Account short text Tax Amount(USD) Amt.in loc.cur.(EUR)
1 40 111111 cl.acc.b.statem. 33,592.00 24,672.79 EUR
2 40 222222 bank fees&charges 50.00 1,365.91 EUR
3 15 333333 customer A 33,642.00- 26,038.70- EUR
And the correct exchange rate is: Currency USD / EUR
Exchange rate /1.36150
In this case the exchange rate of bank fees&charges is very strange. And some value of local currency should go to the account for exchange rate gain/loss.
This kind of issue happens occasionally.Even I have implemented this note in our 4.6C system for account assigned POs, but no luck. Please let me know if are successful.
Thanks
Neel -
Exchange rate difference account is showing more than invoice or advance am
Hi,
Exchange rate difference account is showing more than invoice or advance amount (USD V/S INR)
1) we have done down payment of customer. (USD V/S INR RS. 40/- PER DOLLAR)
2) Invoice posting also done (RS. 42/-)
3) At the time of Invoice against down payment clearing (RS. 43/-)
At the time of clearing exchange rate difference account is generated automatically (back ground calculated).
But exchange rate differemce account is displaying amount is more value. This value is more than invoice and advance value.
But question is how this much of value is getting in exchange rate difference account.
Please suggest possible ways to get that.
Regards
Srinivas GundalaHello
There is a SAP note 357758. Please refer the same and also contact SAP OSS.
Rgds
Maybe you are looking for
-
Question about creating a bootable disk image in Leopard.
I have a Powerbook G4 that originally came with OS9, I upgraded to Tiger and recently upgraded to Leopard. The computer is running great but if it should go down what are my bootable options? 1) Boot from the install disk set then load tiger upgrade
-
Hi Experts Pls...Help me out regarding my sap R/3 4.6c startup problem.. <u>on my local machine</u> while staring the server, i am getting the following errors... <u>The message server starts but the dispatcher doesn't start..</u> 1. The dispatcher s
-
How to find query in PI system
Hi Experts, Please let me know how to find the query in the PI system when the JDBC adapter in at receiver end.
-
How do you download the sdongs from my iPod Touch 2nd gen. to a Nexus 7
Can I download an iTunes app, or how should I do this?
-
Call function written in COBOL on VMS from forms 6i..
Hi, My oracle database is on VMS OS (oracle 8i). I am developing my application in forms 6i. I need to make a call to the job written in cobol in VMS. Could anyone tell me please how can I achieve that. I tried using HOST command but it invokes the m