Foreign Currency Valuation for Balance Sheet Accounts (We are using customer documents and hence, the Recon account would fall under this category) is generally done using Month End Exchange Rate. So, first, a Valuation Method is set up to be used with the Foreign Exchange Valuation Run (In ...
However, for certain countries like Korea and Hungary, it is not allowed to reverse the revaluation to the following year (i.e. 01 Jan XXXX). SAP has provided the Delta Logic Functionality for the Foreign Currency Revaluation. So, how does this delta logic functionality works accounting-wise?
I am an MM Consultant, I would like to know the concept behind Foreign Currency Revaluation, I want to know the process in depth with concept wise and configuration wise. good reply will be rewarded. Thanks in advance.Know the answer? Help others by sharing your knowledge. Answer Need more...
Once your going to T.Code:F.05, Enter Valuation Key date,valuation method and Valuation in currency type, then select open items tab Enter the G/L account number in which g/l you have to Valuation for F.C (like G/L account or vendor a/c or customer), Then Select tab FASB52, Ent...
Foreign currency balance sheet accounts are not managed on an open item basis, and therefore are valued based on the account balance. Accounts with open item management are valued by individual line item under a separate procedure. Exchange rate gain and loss accounts are set in FI configuration...
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Foreign currency valuation - posting unrealized exchange difference and its automatic reversal Go to solution Former Member on 2016 Feb 18 0 Kudos 409 SAP Managed Tags: FIN (Finance) I have configured GL accounts for “automatic account determination for open item exchange rate ...
Solved: Hi all, Im doing configuration for foreign currency valuation, when we do foreign currency valuation we first define Valuation Methods and Valuation Areas..i
SAP Managed Tags: FIN Asset Accounting When I execute FAGL_FC_VAL, I received error message that List contains no data. However, there are balances in the asset accounts. I have checked configuration of the following: the valuation area, valuation method, assign appropriate exch. rate type ...
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