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7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 1/13
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12 Replies Latest reply: Apr 22, 2015 2:45 PM by Vibhor Sharma
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Foreign Currency Revaluation ConfigurationThis question is Not Answered.
Dear Expert, How to configure OBA1 Foreign currency revaluation. please expline KDB and KDF,Which GLs will assign in Exch. Rate Diff. using Exch. Rate Key (KDB) and Exchange Rate Dif.: OpenItems/GL Acct KDF. please explain . RegardsJhaanu
Jhaanu S Nov 25, 2013 2:38 PM
Re: Foreign Currency Revaluation Configuration
Hello, I can send document about setting up curr. valution to you. Doing all the explanation with screenshot is quite a bit stuff. I you are interested, please let me know. send email to: sap.leitner@yahoo.com all the best Erwin
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Erwin Leitner Nov 26, 2013 8:35 AM (in response to Jhaanu S)
Re: Foreign Currency Revaluation Configuration
Dear Leitner, Thank You for your reply RegardsJhaanu
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Jhaanu S Nov 26, 2013 12:20 PM (in response to Erwin Leitner)
7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 2/13
Re: Foreign Currency Revaluation Configuration
Dear Jhaanu, 1. If a valuation area is used, the entries in table t030hb are used. If no valid entry is found for theaccount being verified, table T030H is checked for valid entries. If no valid entry is found here, T030Sis checked. If a valid entry is still not found, an error message is output. 2. If no valuation area is used, the entries in table T030H are used. If these entries are incorrect, tableT030S is checked. If neither table contains valid entries for the account determination, an errormessage is output. 3. If you only want to use the entries in T030S, you can set the parameter "no_to30h".
Note that the entries in table T030S are only used for accounts that are neither openitem managed nor reconciliation (control) accounts. In other words, T030S is only used for the valuation of account balances. For accounts that are not managed as openitem (balance valuation), both customizing tables arevalid. The tables are read in this order:* table T030H is read. This is your customizing in oba1 (KDFob09).* if nothing is found, the report reads your customizing from table T030S (KDB). If you defined an entry for your chart of accounts and exchange rate difference key, this entry will be found.* if nothing is found, an error message will be displayed. I hope this helps. Best regards,Erika
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Erika Endresz Nov 26, 2013 9:27 AM (in response to Jhaanu S)
Re: Foreign Currency Revaluation Configuration
Dear Jhaanu, Kindly find the Following screen which help u to resolve your issue
400301 is P & L Account i.e. Exchange rate loss of gain account and Transaction KDF
Trinath Gujari Dec 10, 2013 8:06 AM (in response to Jhaanu S)
Re: Foreign Currency Revaluation Configuration
Hello, Thank you for nice conversation, yesterday. Just mark discussion as completed. br erwin
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Erwin Leitner Nov 27, 2013 12:37 PM (in response to Jhaanu S)
7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 3/13
G/L Account 160000 is a reconciliation account of Vendor payable hope this will help to solve your issue Thanks & Regards Trinath
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Re: Foreign Currency Revaluation Configuration
Dear Jhaanu, Please fallow below Details and see step by step. it should help full for you..
Purpose
This wiki provides a demonstration of valuation of Open Items In Foreign Currencies
Overview
From the help.sap.com documentation the following is statedValuation of Open Items in Foreign Currencies. UseAll open items in foreign currency are valuated as part of the foreign currencyvaluation:
The individual open items of an account in foreign currency form the basis ofthe valuation, that is, every open item of an account in foreign currency isvaluated individually.
Example of open items are customers, Vendors, or GL accounts managed onopen item basis (SKB1‐XOPVW = X)
The total difference from all the open items in an account is posted to afinancial statement adjustment account. The account therefore retains itsoriginal balance.
The exchange rate profit or loss from the valuation is posted to a separateexpense or revenue account for exchange rate differences as an offsettingposting.
A valuation cannot be made by posting to the payables/receivalbes account,since reconcilation accounts cannot be directly posted to.
For this reason the amount is posted to an adjustment account, which appearsin the same line of the balance sheet as the reconcilation account
krish S Dec 10, 2013 11:47 AM (in response to Jhaanu S)
7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 4/13
Step 1 ‐ General customizing
Local currency of company EUR ‐Implementation Guide: Financial accounting (New) ‐> Financial accounting globalsettings (New) ‐> global Parameters for company code ‐ Transaction code OBY6
Exchange rate 1 USD = 1,7 EURImplementation Guide: SAP NetWeaver ‐> General settings ‐> Currencies (check allsettings) ‐> Enter Exchange rates (Transaction code OB08)
Step 2 ‐ Create Invoice
SAP Easy Access ‐> Accounting ‐> Financial accounting ‐> Accounts payable ‐>Document entry ‐> FB60 InvoicePost documentDisplay document posted via FB03
Change in exchange rate occurs 1 USD now equals 1,63 EUR
7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 5/13
SAP Easy Access Screen choose ‐> Accounting ‐> Financial Accounting ‐> AccountsPayable ‐> Accounting ‐> FBL1N ‐Display/Change Line items
Step 3 ‐ Review of Foreign Currency Valuation customizing
Prior to performing a foreign currency valuation review of customizing:Implementation Guide:Finanical Accounting (New) ‐> General Ledger Accounting(New) ‐> Periodic Processing ‐> Valuate
7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 6/13
Define Valuation Methods
Define valuation Areas
7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 7/13
Define Accounting Principles
Check Assignment of Accounting princples to ledger Group*required if you have more than one ledger
7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 8/13
Perpare Automatic Postings for Foreign Currency ValuationSelect Transaction KDF, enter Chart of Accounts
7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 9/13
The Target Accounts for KDB/KDF can also be defined per valuation area
Account Determination per Valuation Area
Step 4 ‐ Perform Foreign Currency Valuation
To perform a foreign currency valuation, from the SAP Easy Access Screen, chooseAccounting ‐> Financial Accounting ‐>General ledger/Accounts Receivable/Accounts Payalbe ‐> Periodic processing ‐>Closing ‐> Valuate ‐> Foreign Currency Valuation (New)Transaction FAGL_FC_VAL (Program FAGL_FC_VALUATION)
7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 10/13
Execute
Click on Postings button
7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 11/13
To create valuation documents create postings must be ticked on, if you executewithout create postings ticked, this means that program is run in test mode.
If there are errors when posting, a batch input session is created (transaction SM35) Update run is saved in table FAGL_BSBW_HISTRY
7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 12/13
Best Regards,Krish.
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Re: Foreign Currency Revaluation Configuration
Hello, Any more quesitions? If no, please mark item as closed, in accordance to SNC rules. all the best
Erwin Leitner Feb 23, 2014 1:18 PM (in response to Jhaanu S)
Re: Foreign Currency Revaluation Configuration
Thanks for such detail explanation.
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YOGESH KSHATRIYA Feb 20, 2014 7:37 AM (in response to krish S)
Re: Foreign Currency Revaluation Configuration
Hi, Krish thanks for your documents, it is for gl level i think so, you have any documentation in Vendor level pls share it.
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Sanjeevaiah B Jun 22, 2014 5:40 PM (in response to krish S)
Re: Foreign Currency Revaluation Configuration
Hi Krish Thanks for sucha lucid and detailed explaination. Could you please brief on the various accountsin KDF key? I mean, what are the various accounts for. Wanted to know the difference betweenthem. RegardsVibhor
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Vibhor Sharma Apr 22, 2015 2:45 PM (in response to krish S)
7/23/2015 Foreign Currency Revaluation Configuration | SCN
https://scn.sap.com/thread/3460110 13/13
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Erwin
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Re: Foreign Currency Revaluation Configuration
Hi jhaanu, There are two types of GL accounts.1. Open item managed accounts : vendor/customer accounts and clearing accounts.2. Non Open item managed accounts: Bank accounts, material accounts. KDB : Is useful to do the settings for balance valuation for non open item managed accounts. Hereyou'll create one indicator with assignment of forex gl accounts and this indicator will be assigned tothe GL masters. KDF: Is useful to do account determination for open item managed accounts.Here you assign forexaccounts to OIM accounts. Hope this clarifies your question.. Regards, Kavita
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Kavita Agarwal Jun 23, 2014 7:24 AM (in response to Jhaanu S)
Re: Foreign Currency Revaluation Configuration
Hello, I have sent a descrption about FX valuation.Just take a look. all the best Erwin
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Erwin Leitner Jul 11, 2014 1:32 PM (in response to Jhaanu S)