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Former Member

Foreign currency valuation

HI ,

Scenario:- while carrying out fs10n for same g/l a/c of same company using different currency type of company code currency & other group currency .

am not able to get exact transalation rate every time .whats solution to my issue .

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1 Answer

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    Former Member
    May 13, 2014 at 08:50 AM

    Dear Kaushal,

    You are comparing the Cumulative Balance.

    Cumulative balance in USD will never be in direct balance of EUR balance multiplied by exchange rate. The entries get posted in the Foreign currency and Local currency is derived on the basis of the rate maintained in OB08 as an when the entries occur.

    On the month end the F-05 is executed to post the foreign gain and loss in the respective GL.

    Hope this helps,

    BR,

    Sapan

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