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Former Member
Jul 18, 2013 at 08:14 AM

foreign exchange rate should not calculate for bank clearing accounts F-04/FB05


Dear all,

I have one issue with Bank clearing accounts.

we created 3 GL accounts for HDFC-EEFC account. This Bank account only for transactions in USD. company code local currency is INR

224121 Main a/c

224122 Incoming a/c

224123 outgoing a/c

When we try to transfer amount from outgoing a/c (224123) to main account (224121) in USD balance system calculating exchange rate difference and posting to exchange gain/loss GL account.

If i remove settings in OBA1, then system throwing error saying that maintain exchange rate GL accounts.

As per my client requirement, system shouldn't calculate exchange rate difference when clearing incoming account and out going account.

we never post balances in local currency for these GL accounts.

Please let me know what are all the settings need to be done to not to post exchange rate difference.

Thanks in Advance