Exchange Rate at the Time of Clearing

Hi Asim,

You absolutely can enter manually exchange rate which is same as ex rate at invoice time when make payment. (The field is next to Currency field)

About the standard system, if you don't fill exchange rate, the system will pick up the rate at the payment time, not at invoice time.

Julie

dear asim,

can u please share your step to step slides for clearing to sugesst solution

Br

sajida

hi Asim,

Is it not correct to pick the exchange rate applicable at the time of clearing from OB08? You see the rate at the time of Invoice and at the time of clearing is compared and difference is calculated during clearing.

standard procedure for clearing is to use posting date exchange rate

it is technical possible to affect posting date (clearing date) manual with transactions F-44 F-32

but date of clearing will be same day as an invoice date

however

there is a logical question why you need this funcionality

if there are difference between invoice and payment it is excheange rate difference

an it is exact calculation no depending on date you choose to take ex rate

do you try to avoid exchange rate calculation and posting ?

cheers

Hi Asim,

What transaction code are you using?

You can use F-04 for wide variety for post with celaring functionalities and put exact translation date.

In normal clearing transaction, translation date would default from the clearing date.

Hope this helps.

Thanks,
S

You can enter invoice posting date in translation date filed to avoid forex differences.

But this is not correct amounts have to be converted on paymnet date exchange rate and not invoice date exchange rate.

Hi Asim, you can enter the exchange rate manually at the time of clearing. If you're using FB05 transaction for clearing you'll have the option either to enter the exchange rate or translation date ( in you're case the invoice date) whilst clearing.

Regards,

Sudhakar*