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Foreign exchange values posted in foreign currency

Hi Gurus

My client while executing Foreign currency valuation, the entries are getting posted in Foreign Currency. He wanted to post that entries on Local currencies.

I found that In GL account they have maintained they have maintained Foreign currency USD as account currency. please let me know the solution, i.e want to post the entries in Local currency.

Regards

Babu

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5 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Dec 03, 2014 at 08:12 AM

    Hi Babu,

    Please check which currency type you are using.

    It should be 10 ( company code currency).

    Thanks,

    Pradeep

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  • Posted on Dec 03, 2014 at 12:47 PM

    Hi pradeep

    the currency is company code currency. but system is posting in foreign currency.

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 04, 2014 at 06:52 AM

    Hi Babu,

    Please change the account currency to Company code currency.

    Please check and revert back.

    Thanks,

    Pradeep

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 04, 2014 at 07:50 AM

    Hi Babu,

    Foreign currency valuation the entries are getting posted in Local currencies(means company code currencies only).

    Please check in OBA1

    Or refer the following link

    http://scn.sap.com/thread/1729235

    Please check the same and revert us if you still have any queries.

    Regards,

    Lakshmana

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 04, 2014 at 02:54 PM

    Hi,

    Try to check the valuation area used:

    IMG

    Financial Accounting (New)

    General Ledger Accounting (New)

    Business Transactions

    Periodic Processing

    Valuate

    Define Valuation Areas

    See if there is any additional currency defined.

    Check F1 help for field additonal currency:

    "Currency Type and Valuation View Additional currency types posted for valuations in alternative valuation areas.

    Use
    For foreign currency valuations, sorted lists and other valuations, the postings are also carried out in the currency types specified if the currency is not the same as the currency of the valuation area.
    Example: In a company code, the local currency is EUR, the second local currency is the group currency (currency type 11) which is also EUR. The amounts posted in the local curency (10) are also posted in the group currency (11) without a valuation being carried out in the group currency."

    Regards,

    Siwar

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