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 lot

Hi,
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

Similar Messages

Extra entries in the exchange rate difference.

Hi Experts,
when posting exchange differences between payment posted on our vendor account & amount debited by the bank.
Itm PK Account   Alt. A Assignment       Acct short text Tx     Amount Curr.    Amount in LC LCur Text
1 50 3028120   666880 0090639040       XchgLoss-Imprt V0    442,56- USD         2.335,00- EUR Exchange difference for USD
2 50 1072010   580110 00000000         Bank Acct 11 C     87.947,44- EUR        64.659,84- EUR
3 40 1072010   580110 00000000         Bank Acct 11 C     88.390,00 USD        66.994,84 EUR
4 50 3028000   766000 0090639040       XchgGain-Imprt          0,00 EUR       399.361,47- EUR Exchange difference for USD
5 40 3028120   666880 0090639040       XchgLoss-Imprt          0,00 USD       399.361,47 EUR Exchange difference for USD
Now the question is why the 2 entries (4,5) are getting posted what is the effect of this where we can check the settings.
How can we correct the entry.
4 50 3028000   766000 0090639040       XchgGain-Imprt          0,00 EUR       399.361,47- EUR Exchange difference for USD
5 40 3028120   666880 0090639040       XchgLoss-Imprt          0,00 USD       399.361,47 EUR Exchange difference for USD
Please through some lights on this.
Thanks for your help in advance.
Sree

Hi,
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

Exchange Rate Difference in MIRO not posted to the KDM account

Dear Gurus,
I have a query, I have defined an account in KDM. After the GR of the PO, if there is a difference in Exchange Rate system posts the Exchange Rate Difference to the Stock Account.
My client wants this this difference at the time of MIRO should be posted to the KDM account. I am invoicing in my Company Code Currency not in PO currency this is also a requirement.
Kindly provide me a solution for this.
Regards,

If material price is standard then only KDM account will account.
Check this answered link [Exchange Rate Difference |Exchange Rate Difference]
Edited by: Jeyakanthan A on Aug 3, 2010 2:13 PM

Exchange rate difference not going to the correct GL account

Hello,
In the transaction OB09, I have given the GL account 702000 for exchange rate difference realized loss and gain.
I have also maintained the exchange rates in the transaction OB08.
In transaction F-44(clear vendor), I give the foreign curreny(EUR) in the entry screen. When I do a charge off difference, however, I need to enter the amount in local currency(USD) because our bank operates in the local currency. When I do a document simulate, it puts the exchange rate difference into another GL account (703030 - that we have defined for unauthorized deductions) and not the one defined for the exchange rate difference(702000). This does not happen if I enter the amount also in the foreign currency.
Could anyone tell me the reason for this and the correction measures.
Any helpful suggestion will be greatly appreciated.
Thanks,
Rugmani
Edited by: Rugmani Rajan on Aug 27, 2008 11:35 AM

Hello,
The original problem is resolved. The current exchange rate was not getting uploaded to the system and as a result, the old exchange rate was being used. So it was putting the difference into the other account.
That has given rise to another problem. We use the TBEX to upload exchange rates from a centrally maintained spreadsheet. The upload is giving the following errors:
Securities master data EUR do not exist!
Interest rate master data CNY is missing
Suggestions and correction measures will be greatly appreciated.
Thanks,
Rugmani

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

Unexplained exchange rate difference

We have created a delivery plan in USD (our local currency is EUR) without fixing exchange rate. This plan has a received several GR and IV at different rates. The material is valuated at standar value.
D.Plan: Rate A , price 15,96 USD/UN
month 1 - GR and IV at rate B
month 2 - GR and IV at rate C
month 3 - GR and IV at rate D
All invoices are posted at a price of 14,32 USD.
In month 1 we had price difference due to differences with the standard price. That was correct.
In month 2 the system has posted unexpected exchange rate differences (key DM). We don't understand them as fas as GR and IV were posted at the same rate.
Could it be that the system is using the rate of the first IV? We wonder the way SAP is calculating that exchange rate difference?

no replies

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

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 posted to Group currency only during MIRO

Hi SAP Gurus,
We're activating parallel currency in ML and USD is the group currency. GR/IR clearing acct is managed in local currency only.
OB22
Crcy Type 30    Group currency                               Currency   USD
Valuation        Legal Valuation
ER Type    M     Standard translation at average rate
Srce curr. 1     Translation taking transaction currency as a basis
TrsDte typ 3     Translation date
Please find below scenario:
Co code currency: ZAR
PO: ZAR
Upon GR:
Posting date- 04/14/2009 exch. rate 1ZAR= 0.11099 USD
Entry: debit Expense - 4,078.19 ZAR/ 452.64 USD
          credit GR/IR acct -   4,078.19 ZAR/ 452.64 USD
Upon IR:
Posting date- 04/20/2009 exch. rate 1 ZAR= 0.11279 USD
Entry: debit GR/IR acct - 4,078.19 ZAR/ 452.64 USD
          credit Vendor acct - 4,078.19 ZAR/ 460.02 USD
automatic additional debit Expense - 0.00 ZAR/ 7.38 USD
Here are my questions:
1.) Where would I check the setting for the GL account used in the automatic line entry posted in group currency during IR? (3rd line item above)
2.) Can this be changed? Say instead of the original acct assignment, the management want to change it to FX gain/loss account
3.) How?
I have checked several notes (331910,etc) but I can't seem to find the answers to my questions.
Appreciate your help. Thanks!
Regards
Dru

Just an update to this issue- I just found out that the system is pointing to KBS when posting the
exchange rate difference in group currency upon IR, hence, PO account
assignment is adopted. I'd like to rephrase my question- is there any
way we can change SAP behaviour such that it will point to other
transaction key (e.g. KDG) other than KDM? Bottomline is we want it
charged to other GL account not the one in the PO.
Thanks so much for your assistance.
Regards,
Dru

Exchange Rate Difference Error

Hi,
While posting payment through F-58, we are getting below error :
Ex.rate diff.accts are incomplete for account 0010500400 currency INR
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.
Proceed
However, all the necessary settings are made in KDF & KDB. Here we are processing payment for local vendor & the PO, GR, IR is done in INR then at the time of processing payment its giving above mentioned error. We are unable to understand that why system is asking for exchange rate difference account. Please suggest as the issue is urgent.
Regards,
Varsha

Hi Varsha,
As the message mentioned in detail, please check your configuration in tcode OBA1 again.
For Transaction type KDF, you double click to your GL account, and maintain the Valuation loss/gain, balance sheet adjustment in there.
For your ref:
You can read more information about this error in SAP note 12962 - Clearing Foreign Currency Items
https://websmp130.sap-ag.de/sap(bD1lbiZjPTAwMQ==)/bc/bsp/sno/ui_entry/entry.htm?param=69765F6D6F64653D3030312669765F7361706E6F7465735F6E756D6265723D313239363226
Regards,
Julie

Exchange Rate Differences when clearing a bank item

Hi everyone,
I'm having a problem when I try to clear a bank item with the bank statement because the document is creating two exchange rate differences, first one debiting to loss account and the other one credting to gain account. I'm not pretty sure if this behavior is the right one but It does not make any sense to me.
I'll detail step by step the process I'm following:
Example:
1.- I create an invoice with an exchange rate type of 15
2.- Then I make the incoming payment with an exchange rate type of 16 (This causes an exchange rate item that is correct for me. Exchange rate Item is for 10 usd)
3.- Then I try to clear the bank item created (same exchange rate than the incoming payment = 16), and now document creates two exchange rate items, the first one debiting to loss account for 10 usd and the second one crediting to gain account for 10 usd.
Could you please help me in order to know if this is ok?
I really appreciate your help
Thanks in advance
Best Regards
Manuel Nieto

Hi everyone,
Thanks everyone for your replies. I've realized what's happening, and its related to document split. Because as bank item in incoming payment was splitted, when I try to clear this item ,split happens again no matter if at clearing point exchange rate type is the same as in the incoming payment, that's the reason of the two items one debiting and one crediting for the same amount.
Thanks very much
Best Regards and thanks for your help.
Manuel Nieto

Exchange Rate Differences

Hi experts,
i understand the general concept of exchange rate differences ie Rate at which one currency may be converted into another. The exchange rate is used when simply converting one currency to another
but i need to know where it will affect in SAP and what is the use in SAP?
regards
anand

Hi Anand......
Please read teh following para......
Exchange Rate Differences
Use
When you maintain a foreign currency (FC) business partner and/or accounts, all related bookkeeping is conducted in the FC. As the bookkeeping system must also be conducted in local currency (LC), every FC transaction of this nature also is expressed in LC according to the FC exchange rate on the date of transaction. The daily fluctuations in the FC exchange rates create a situation whereby the balances in LC and FC do not match. The automatic exchange rate differences are designed to periodically recalculate the LC and FC balances, according to the exchange rate on the day the differences are calculated.
SAP Business One can provide recommendations for executing automatic journal transactions for exchange rate differences in FC business partners and accounts, correct to a given date. The function of the program that calculates exchange rate differences is to reconcile between the FC card balance and the LC balance, considering the fluctuation in the FC exchange rate.
To access the Exchange Rate Differences function, choose: Financials ® Exchange Rate Differences.
Hope this may help you to understand the concept of Exchange Rate Difference....
Also check this Thread.....
Regards,
Rahul

Correct setting for exchange rates differences

Hey SAP B1 experts,
I have a problem with automatic generated exchange rates differences in B1.
Situation:
- I inserted all correct general ledgers in the g/l account determinations.
- The seeting in the item masterdata for "set g/l accounts by" is switched to warehouses.
- In the accounting setting in warehouses I inserted the p&l general ledger for exchange rates differences.
- I create a case which includes a exchnage rate difference.
- For the automatic generated entry the system use the general ledger which is inserted in the setting for "variance account" from the warehouse settings.
Is there any other general setting which is response for the using of the general ledgers for exchange rate differences?
Help!!
Regards
Thomas Bartels

Hey Shanker,
thank you for your realy quick answer.
In administration -> setup -> inventory -> warehouses I inserted the correct p&l account for the exchange rate differences in the seeting field "exchange rate differences", but the system don't use this setting. In my test case the system use the account from "variance account".
My questions are on the one hand why and on the other hand is there an other setting for using the correct account setting.
Regards
Thomas

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
Venkatesh

Hi 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

Whrere to create the Exchange rate difference key in customizing?

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