What is foreign exchange transaction invoive

Let me know the foreign exchange transaction invoice and their T codes and few more details
Its urgent
Regards'
Ramesh

Dear Ramesh
Foreign exchange invoice is nothing but export invoice and tcode for this is VF01. In fact, to create a domestic billing also, you have to use VF01. What else you need? Please always be specific in your question.
Thanks
G. Lakshmipathi

Similar Messages

Foreign exchange transaction

Hello,
This is not a SAP technical question but a business process issue. We have to maintain exchange rates for September on 1st Sept. Unfortunately, 1st Sept is a public holiday in UK. The new exchange rates would be available only on 1st September and there would be automatic transactions (like orders being received, invoices being received electronically and posted in FI) happening on 1st of September.
Could anyone advise what are the best practices for maintaining this? The only solution that I think is someone needs to work on a bank holiday to key in the exchange rates.
Any advise would be very helpful.
Thanks

Hi
A. In Tcode OB08 try maintaining the exchange rate of 1st September. All you have to do is keep the valid from date as 1st september. (if the exchange rate of 1st september is available on 31st of august or the rate of 1st September is same as that of Augst 31).
B. In case the exchange rate will be know only on 1st september. Someone has to keyin the details in OB08 on 1st september.

How to issue currency notes in payment program for Foreign Exchange

HI
I    have an issue in   Foreign exchange transaction using SPOT transaction.   Below is the process flow
1.   Record the spot transaction
2. Settle transaction
3. Tranfer the documents to FI
In   ( 3)   the   posting   create   posting in   the customer for whom the forex is to be issued.
My QUESTION :
I    have to   pay the customer   in   CURRENCY NOTES and NOT   by CHECK    in foreign currency.   The automatic payment program has payment methods viz check, wire transfer.     How do I   issue   CURRENCY NOTES    or TRAVELLERS CHECK .
Thanks for   a   immediate reply.
kamala

Hi,
I am not sure this is a right solution. But I have some inputs on your requirements:
1. For traveller cheques you may create a new payment method and do the required configuration for automatic payment program. Don't generate any payment medium while running APP.
2. For currency notes (cash payment) I am not sure how it works. But probably it is possible by creating an account (account ID) for a particular house bank and use that (house bank & account id) for making payment.
Per my knowledge we have never used payment method cash (currency notes) in APP. But logically it would work by create a new payment method and doing the required config for APP.
Please update if you found a better way to do this.
thanks & regards,
Kumar

What's the Foreign exchange for KSPI

Hello Gurus
we are using local currency but we also usd, my question is what date is the foreign exchange,,,is it current or average for the month?

hi,
exchange rates are maintained in OB08 every time exchange rate will be changed .U have to take the rate at what date the purchase ( What ever the transaction) is raised depend on date u have to use
or u can directly enter exchange rate in f-02

Hello,I'm trying to buy my MacBook pro, but since I am a foreign exchange student I need a international billing address, and I don't have this choose in the website. Someone know what to do?

Hello, I am a foreign exchange student and I'm trying to buy my macbook, but in the website don't have a choose for international billing address. Someone know what's to do?

An option is to call the Apple Store. Maybe these guys can help you.
You can find the telephone number here: http://store.apple.com/Catalog/US/Images/intlstoreroutingpage.html

Foreign Exchange accounting in TRM

Dear Experts,
To give you brief intro, i am a finance person and user of SAP Treasury module. my knowledge of the module is of user level and not of functional or technical level.
i need your help on my below query.
for foreign exchange trades (60A), what should be the right accounting practice thru TRM (1) at time of of entering into deal (2) at time of maturity of transaction and also at time of (3) pre mature or part settlement of the transactions.
currently, i do not post any entry at time of creating 60A/102 deal.
at time of maturity, i does cash settlement in deal, put the cancellation rate, date of cancellation in date box to generate gain / loss and post the same (only cash settlement entry) thru TBB1
in case of part or early utilization or forward contract, i does the pre mature settlement from ftr_edit and copy paste 102 deal details in 105 and 103 deals including contract date and value date except for amount. thereafter, i settle both deals and cash settle 105 deal with cancellation rate and transaction date in date box to generate gain / loss. this gain / loss is posted thru TBB1. in this case, when i have taken early delivery, i have to add or subtract swap points in final rate to arrive at correct rate. also, i have to to cash settle 102 and all 103 deals when there's final amount settlement whether on due date or before it.
in my case, buy sale position of two currencies are shown in cashflow tab as "not rel. for posting" and is not posting even on maturity.
i know i have given bit lengthy details but i really wants to understand
1. is above practice of recording fx transaction is correct?
2. is there any better way to capture early deliveries?
3. in case of early delivery, is it right & necessary to replicate 102 deal details in 105 and 103?
4. what is role of TPM18 which i am not using at all in above scheme of fx set up?
your valuable reply will be of great help to me.
Thanking you all in advance
Kapil

Hello Kapil,
Your questions has covered most of FX process.
I'll try to answer few of your question.
Answer 1) The process is correct, Its based on what your company required consultant has customized the system in that fashion, As you said there is not posting even during maturity of deals, that because in customization setting is missing for posting. Incase its required please consult you consultant to make the changes in system for Flow type-(here relevant for posting is unchecked).
Answer 2 & 3, I'm not sure why consultant has suggested to use such a lengthy process to settle early deliver deal, There might be some reason for the same. Please check,
But the same process can also be addressed, throught FTR_edit and settle the single deal through cash settlement.
Also note, 103 is only used for netting which means you are trying to settle couple of deal together and that can be excluded if you have only single deal.
Answer 4) TPM18 is used to do the valuation after the deal has been closed.Realized gains and losses are determined according to single valuation of transactions principle. This is calculated by taking the difference between the forward rate based on the conclusion of the contract and the posted rate on value date.
Let me know in case you need more information.
Regards,
Jaiin

Report for Unrealized/Realized Foreign Exchange Payments and Receipts

Is there a report in SAP that shows unrealized/realized foreign exchange cash receipts and payments. if yes, what is that report. Please provide transaction code.
If not, do we need to create ABAP query. How do we create that Query in this regard. What information are we required to give the Abap person or do we create an Query ourself. How do we create it. please explain with steps.
It is little urgent. Please reply soon.
Thanks
Lakshmi

Hi Lakshmi,
I can try to explain this financial funda more claraly as below:-
Realized Exchnage rate Diffrence Gain/ Loss:-
         When the foreign currency transaction has actually completed and you have gained/lossed due to that transaction is called as realized gain/loss.
         For example you have purchased the goods on 01 Jan, 2008 for 5000 INR (100 USD) on credit. Now on 16th Jan, 2008 you paid the invoice by paying 100 USD and clear it off. But on 16th Jan, the exchange rate between INR: USD came down to 45. So you gained by amount 500 INR (100 USD * (50-45)). This is the realized gain when you clear of the invoice againest the payment.
UnRealized Exchnage rate Diffrence Gain/ Loss:-
         Here the foreign exchange rate diffrence appear but not realized, because the transaction is not cleared up.
         Taking the scenario above, if you do not pay on 16th jan and invoice remains open. You run the F.05 at month end to revaluate the open items and on 31st Jan, the exchange rate came down at 48 INR per USD. Then F.05 will show the unrealized gain of 200 INR (100 USD * (50-48)).
I hope that this clarifies the things. if yes, please assign some points.
Regards,
Gaurav

Ware house and foreign exchange

Hi..,
Sd gurus . I am really in need of WARE HOUSE MANAGEMENT with end to end process. IO really dont know what is this end to end process in ware house .And i am working for one client So i am bound to wprk even for FOREIGN EXCHANGE in future But i am not getting the material for both the material ware house as well as foreign exchange . So.., i am really really in need of this two topics. Could any body help me on this topics.
Regards ,
Rams.

Hi Ramu,
Please Find Complete Notes on Foreign Trade and Ware House Management below:
FOREIGN TRADE:
Listed below are the areas of Customizing you need to check to ensure you have fully maintained the foreign trade master data, check objects, and proposal objects. Because the systems defaults depend on settings in Customizing, the more fully you maintain this data, the more complete the data in the purchasing and sales documents will be, and the more efficient the system will be to use.
You can access the Implementation Guide (IMG) to customize your area of interest via your project from the SAP standard menu by choosing Tools ® AcceleratedSAP ® Customizing ® Edit Project. In the IMG for R/3 Customizing, make entries in the appropriate items in the checklist below to ensure that the Foreign Trade application component is prepared for use.
Checklist
This checklist applies to configuring objects for both inward and outward processing.
Number range
Sales and Distribution ® Foreign Trade/Customs ® Define Number Ranges
Commodity codes and import code numbers
Sales and Distribution ® Foreign Trade/Customs ® Basic Data for Foreign Trade ® Define Commodity Codes/Import Code Numbers by Country
Procedure
Definition
Sales and Distribution ® Foreign Trade/Customs ® Basic Data for Foreign Trade ® Define Procedures and Default Value ® Define Procedure
Sales and Distribution (SD) default value
Sales and Distribution ® Foreign Trade/Customs ® Basic Data for Foreign Trade ® Define Procedures and Default Value ® Define Procedure Default
Materials Management (MM) default value
You maintain this value in the purchasing info record on the Purch. org. data 1 (Purchasing organization data 1) screen (see Foreign Trade Data in Master Records).
Business transaction type
Definition
Sales and Distribution ® Foreign Trade/Customs ® Basic Data for Foreign Trade ® Define Business Transaction Types and Default Value ® Define Business Types
SD default value
Sales and Distribution ® Foreign Trade/Customs ® Basic Data for Foreign Trade ® Define Procedures and Default Value ® Define Default Business Type (SD)
MM default value
Sales and Distribution ® Foreign trade ® Basic data for foreign trade ® Define business transaction types and default value ® Define default business transaction type (MM) (Table T604)
Mode of transport
Definition
Sales and Distribution ® Foreign Trade/Customs ® Transportation Ddata ® Define Modes of Transport
MM default value
Maintained in the vendor master on the Purchasing data screen (see Foreign Trade Data in Master Records)
Customs offices
Definition
Sales and Distribution ® Foreign trade ® Transportation Data ® Define Customs Offices
MM default value
Maintained in the vendor master on the Purchasing data screen (see Foreign Trade Data in Master Records)
Control of import data screens
Sales and Distribution ® Foreign Trade/Customs ® Control Foreign Trade Data in MM and SD Documents ® Import Screens in Purchasing Document
Countries
General Settings ® Set Countries ® Define Countries
Currencies
General Settings ® Currencies ® Enter Exchange Rates
WAREHOUSE MANAGEMENT (WM):
Full Warehouse Management - http://help.sap.com/bp_bblibrary/500/html/A08_FullVMAuto_EN_IN.htm
Lean Warehouse Management - http://help.sap.com/bp_bblibrary/500/html/A09_DILeanWM_EN_IN.htm
http://help.sap.com/printdocu/core/Print46c/en/data/pdf/LEWM/MMWM.pdf
http://help.sap.com/printdocu/core/Print46c/en/data/pdf/MMWMLVS/MMWMLVS.pdf
Please Reward If Really Helpful,
Thanks and Regards,
Sateesh.Kandula

GR/IR clearing - Foreign Exchange Loss

Hi Sap Gurus,
My Company code currency is u201CCADu201D and my Group Currency is u201CUSDu201D. I have maintained GR/IR clearing account as u201Conly balances in local currencyu201D
I have done GR in 2008 for 100 CAD. And I have reversed this GR in 2010.
When I am doing the automatic clearing of GR/IR: System is posting an entry of Revaluation loss (from KDF trans type) DR To GR/IR clearing a/c (for 0 CAD and in GL view it is 129 USD)
BSEG table has been updated only with zero but in FLAGLFLEXA I could see 129 USD updated in grup currency .
My question is u2013
1.) why the system is looking for KDF currency when I have maintained u201COnly balance in local currencyu201D for GR/IR clearing account u2013 is that because I have maintained this GR/IR clearing account in OBA1 i.e. for foreign exchange revaluation ?
2.) If it so, does the OBA1 setting overrides the u201COnly balance in currencyu201D in GL master ?
3.) As this is just a clearing transaction, Is it acceptable to book a FX loss on this transaction ? and that to it is just a reversal of an erroneous entry.

Hi Pavan,
You have maintained this account in OBA1 for KDF, that is why it is showing forex differences. The difference is in Group currency currency and not in your company code currency.
So, no problem.
Rgds
Murali. N

Incorrect value of Auto. Gain Loss Foreign Exchange during GR/IR clearing

Dear Experts,
We have activated the Material Ledger functionality.
The Document Currency of PO, GR, and IR are in Foreign Currency.
The postings are below:
Loc Currency 1 = USD
Loc Currency 3 = IDR
Doc currency = IDR
GR
Dr Material               52,980,975 Doc Curr/IDR          5,340.80 Loc Curr 1/USD
Cr AP u2013 GRIR              -75,000,000 Doc. Curr./IDR        -7,560.45 Loc Curr 1/USD
Dr Price Adjustment          22,019,025 Dor. Curr/IDR          2,219.65 Loc Curr 1/USD
IR
Dr AP u2013 GRIR          75,000,000 Doc. Curr./IDR          7,560.45 Loc Curr 1/USD
Cr AP-Vendor              -75,000,000 Doc. Curr./IDR        -7,537.73 Loc Curr 1/USD
Cr Forex AP- Current                               0 Doc. Curr./IDR             -22.72 Loc Curr 1/USD
GR/IR clearing
Loc Currency 1 = USD
Loc Currency 3 = IDR
Doc currency = USD
Dr AP u2013 GRIR          7,560.45 Doc Curr./USD      75,000,000 Loc. Curr. 3/IDR
Cr AP u2013 GRIR              -7,560.45 Doc Curr./USD      -75,000,000 Loc. Curr.3/IDR
Dr Forex AP- Current            0 Doc Curr./USD     1,360,469 Loc. Curr. 3/IDR
Cr   Forex AP- Current                 0 Doc Curr./USD     -1,360,469 Loc. Curr.3/IDR
The problem occured after GR/IR Clearing is performed. The system generated automatic Gain/Loss Foreign Exchange AP-Current with incorrect amount in Local Currency 3. That amount was not match with the delta exchange rate difference on the date of IR is performed and on the date of GR/IR Clearing is performed.
Can anyone inform me what is the probable cause of this incorrect Forex AP-Current calculation? What is the calculation basis that SAP system use to calculate this automatic Forex AP-Current?
Should you require any additional information, please let me know.
Thank you
Best regards,
Frans Sunarja

Hi
First once we have check the exchange rate types in OB08
second one you are no main the gain/loss a/c OB09 w are setting Loss/gain .
Regards
suresh

Foreign Exchange fluctuation rate is not showing in case of partial payment

Hi,
In case of foreign exchange collection from Customer through F-28 in partial payment "Exchange Rate Gain" or "Exchange Rate Loss" is not appearing in GL balance simulation or Customer balance report. Only in case of full payment from Customer then "Exchange Rate Gain" or "Exchange Rate Loss" is appearing in GL balance simulation. What is the reason ?
Regards,
Anindita

Hi
Even in the scenario described by you,
You can use both residual and partial payments
here is what would happen for partial /residual payment after you post the payment.
Partial payment
open items
Debit USD 500
Credit USD 200
No cleared items
Residual Payment
open items
Debit USD 300
cleared items
Debit USD 500
Credit USD 200
Credit USD 300
Regards
Sach!n

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

Purchase Price Variance Foreign Exchange difference

How Purchase Price Variance Foreign Exchange difference is calculated for material consumed in product costing / material ledger

You need to go to net price at purchase order in local currency. With quantity you'll get the purchase order total price in local currency.
Get the standard price of material master record (which is in purchase order) on MM03 transaction on costing 2 view.
Purchase price variance is the difference between purchase price order and material standard price.
To get this difference in foreing currency, you´ll need to get document date of purchase order, get exchange rate at OB08 and find both prices in foreign currency; after that get same way the variance.
Hope that helps,

Foreign currency transactions

Dear All,
Please advice on how I can be able to pay from a Bank setup as a USD bank to a supplier invoice in GDP in SAP B1 SP2 PL50.
Currently this is what is done:
- Go to outgoing payments and select the supplier whose currency is set up as GBP
-Clicking on payment on account
-click on the payment means bag at the top.
- by default the payment means currency displays just the GBP and the local currency.
- click on the check option
-select a USD bank
- enter the figure to be paid.
when trying to add this transaction I get the message account currency does not match with document currency message comes up.
Regards,
Monil.

Hi Monil,
the easiest way to do this is to have the bank accounts set to multicurrency, then all balances will default back to local currency. Do you pay your supplier out of you normal bank account? Are there other suppliers you trade with in a different currency?
If you have extensive foreign currency transactions you might wish to have a tighter control on FX rates in relation to your local currency, then you can set up several different monocurrency bank accounts in the application & move cash around from one monocurrency account to another using the method outlined in SAP note 1260658.
All the best,
Kerstin

Valuation of foreign exchange forward with NPV split for interest vs FX impact?

Hello,
I have the following business requirement regarding the accounting treatment of the valuation of a foreign exchange forward deal :
1. during the lifetime of the deal
step1. valuation
          the deal should valued at its NPV using the swap points curve (table AT15) => that gives the "VALUE"
     BUT
step 2. the posting of the deal's value should be SPLIT into TWO components
               a) component 1 = linearly amortized swap points since deal date +2   until valuation date     => to be classified to interest result
               b) component 2 = VALUE - component 1                                                                                => to be classified to unrealized fx result
Comment.
So, in fact it is some hybrid combination of the two SAP standard valuation methods
               a) spot/spot + swap accrual + swap valuation (but NO NPV calculation)
               b) NPV calculation (without any split in components)
2. at maturity
     realized fx result :     calculation based on deal spot rate versus spot rate at maturity
     interest result :          calculation based on deal spot rate vs deal forward rate
Don't see how this "mixted behavior" can be achieved by customizing the valuation process.
Please help.
Best regards,
Carl

Hi Carl,
In order to use the 2step valuation during the lifetime of forex contracts, you need to combine 2 valuation steps in your Position Management Procedure:
1. step 6 Rate valuation for forward exchange transactions: spot-spot
2. step 4 Security valuation
Additonally, if the NPV should be calculated based on swap points from AT15, you need to apply BAdI JBA_SFGDT that is able to adjust TPM60 or/and reports in MRA if needed. See SAP note 0000940562 for details (and also 1941874 for extrapolation issues).
As far as i know, at maturity you can only have 1flow of gain/loss by using standard SAP Solution.
Best regards,
Piotr

What is foreign exchange transaction invoive

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