on 02-13-2014 3:35 AM
Hi All,
I have a requirement to create a foreign currency depreciation area ( in the same currency as group currency USD) with identical terms from area 01, which is in local currency.
While doing currency translation during the acquisition, system is picking up the correct translation rate for converting local to parallel currency depreciation area whereas for foreign currency the exchange rate is different. I understand that for parallel currency depreciation area system will consider the group currency definition in FI-GL.
Could anyone throw some light how system considers/ picks up exchange rate for local to foreign currency area?
Thanks for your help,
Vamsi
Based on the currency type activated for depreciation area, system identies for the currency and then exchange rate from TCURR table.
As per my knowledge there is no separate maintenance.
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Hi Murali,
Thanks for the reply.
Let me elaborate what I am trying to achieve:
When we transfer assets between co.codes with different local currencies, system is picking up the exchange rate as of the transfer date.
The group currency is USD. The bsuiness requirement is to translate the group currency amount to the receiving Co.code local currency while system is translating from local currency of the sending Co.code to the local currency of receiving Co.code.
I am trying to achieve the desired result with the following varying options:
1. Map parallel ledger cross system depreciation area to book area ( not worked )
2. Substitute the translation rate/ date in the asset document header ( not worked)
All the other depreciation areas are set to adopt values from book area.
Is there anything else I need to try to achieve what I am looking for?
Thanks for your reply
Vamsi
Hi Vamsi,
Can you check the following?
OB22
Select your company code
Here you need to check the value which is maintained for source currency for currency translations.
Here if the value is 1 then translation happens directly from the transaction currency to your group currency and value is 2 then translation happens between transaction currency and receiving company code local currency and then local to group currency of receiving company code.
That's what my assumption, please check this.
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