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Foreign Currency Valuation

Dear Experts,

For fiscal year (Jan-Dec) closure purpose, our business does not want to post the reversal posting for Dec after posting FCV .

Every month they do FCV postings and then next month they run the batch for reversal posting.

So to achieve the above target, is that they just have to ignore the batch session after doing December FCV (meaning that no need  of running session again for reversal posting) or there is some other way through which we can restrict the system to NOT to post the reversal posting?

Please suggest.

Regards

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2 Answers

  • Jan 05, 2015 at 08:48 AM

    hello,

    why would you do that?

    - you either work with delta logic (view V_FAGL_FCV_DELTA) and accumulate the differences each month

    - or you work with the reversal

    mixing the 2 will mean you loose track of what's on you account. what will happen in january 2015? the system will calculate the revaluation difference and post it, but the difference from 2014 will still be on the balance sheet and will inflate the revaluation amount on the balance sheet. Or will you continue to work with the delta?

    kr

    Nico

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    Former Member
    Jan 05, 2015 at 09:39 AM

    Hello,

    I agree with:

    @nico dewaele

    Of course you can mix delta and reversal logic.

    BUT the output will be a chaos.😕

    Sorry for saying this in such clear words

    I do not see any reason why this should be done.

    Anyway, my suggestion:  FI department should discuss this matter with auditor.

    all the best erwin

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