Forex Spot & Foward

[Former Member]

We can make Spot transaction in sap like below.

For example, we created spot transaction like a "Buy HKD  and Sell USD" . (Local currency is JPY )

After settle and run TBB1 and TPM18 , we can see 4 document ;Sell,Buy, Forex loss & gain.

But the amount of Forex loss & gain is too much.

We can not understand the reason.

Could you explain the reason?

And please let me know the reason and  how we can fix this.

Thank you in advance.

[Former Member · Accepted solution]

I found the reason.

I should set up leading currency in sap.

Thank you

[former_member198450 · Accepted solution]

You are welcome

[former_member566828]

most probably the reason is FX rates in the system.

please check if HKD and USD equivalents (buy and sell amounts) in the local currency JPY seems reasonable.

Kind regards,

Renatas

[former_member198450]

Hello,

Check the date configuration, It might reason why system is pulling data with Hugh amount difference.

Regards,

Jain

[Former Member]

Dear Jain

Thank you for your reply.

Could you let me know detail?

Or could you let me know "spro" menu path about date configuration?

Best regards,

Junseong

[Former Member]

Dear All

This is same condition like us.

There are 4 documents like below.

I can not understand.

Please let me know the reason.

6000000000016	100	S	2013-05-06	Open OTC transaction	1.000000					USD		CNY
6000000000016	100	F	2013-05-06	Buy Foreign Exchange		94,861.75	HKD	94,861.75		HKD	75,974.78	CNY
6000000000016	100	F	2013-05-06	Sell Foreign Exchange		12,275.48	USD	12,275.48		USD	76,294.56	CNY
6000000000016	100	S	2013-05-06	Close OTC transaction	1.000000					USD		CNY
6000000000016	100	F	2013-05-06	Rate Gain Purchase Currency (Cross) Forward Exchange Trans.						HKD	63,748.75	CNY
6000000000016	100	F	2013-05-06	Rate Loss Sales Currency (Cross) Forward Exchange Trans.						USD	64,068.53	CNY