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Former Member

Simple Finance Controlling Area Currency in ledger

Hi All,

SFIN2 is installed in our system. While doing Configuration of Ledger & Additional currency, we found that

When we add 2nd or 3rd currency type as Controlling area currency -> we get error as Local currency cant be defined completely for company code

And when we don't have any currency type = Controlling area currency -> we can post the document to company code.

One of the reason is in T code OB22 - currency code is not being updated for currency type =20. Even though it is updated in Controlling area configuration.

When you check T code OB22 - It gives message as use t code FINSC_LEDGER - to maintain currency setting & when you still continue you cant edit but can check additional currency for company code.

I believe Currency code details are supposed to be updated form config of t code FINSC_LEDGER or OKKP, but it is not happening.

Am I missing any other config?

We did below configuration

1) Controlling area created & currency assigned = 20  & Currency code = EUR. this currency is populated in Ledger configuration as group & controlling currency

2) In Ledger setting, we have three currency

     i. Local Currency =10 company code currency (Derivied from Comapny code)

     ii. Global Currency for GL & Controlling = 20 controlling area currency ( Derived from Controlling area)

     iii.1st Additional currency =30 or 60 (This has to be defined in this t code)

Please suggest, If we miss anything to configure?

P.S:-  We Ran program "FINS_CUST_CONS_CHK" to check currency & ledger consistence. And we got Green message "Check Passed"

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5 Answers

  • Best Answer
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    Former Member
    May 04, 2015 at 07:24 AM


    Hi,

    currency type 20 cannot be used in FI.

    Currency type 20 is supported in FINSC_LEDGER, therefore only for compatibility reasons; if currency type 20 was already used in CO, then after migration of the currency configuration, "KSL" field of ACDOCA will be used for CO only, and FI will work with the fields HSL, OSL and VSL.

    For new installations we strongly recommend to configure currency type 30 in CO and in FI (for the KSL field in ACDOCA).

    By the way, OB22 will automatically updated from the FINSC_LEDGER maintance.

    Best Regards,

    Michael

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    Former Member
    Apr 29, 2015 at 12:42 PM

    Hi,

    OB22 is not relevant any more.

    Could you please post message ID, and full text.

    and you're getting this error in tcode FINSC_LEDGER?

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    • Former Member

      Hi,

      Thanks for the reply.

      I get the error when I try to post any document. Error details are

      LOCAL CURRENCIES OF COMPANY CODE XXXX CANNOT COMPLETELY DETERMINED"

      message no F5557

      One thing to mention here again,

      T code OB22 is not relevant. But when you run this t code It gives message to

      use t code FINSC_LEDGER - to maintain currency setting &

      if you still continue it shows old OB22 screen in display mode to check additional currency for company code. There i found when we use controlling area currency - currency code is blank. Same is not the case for group currency. I believe this is the reason I get above error while posting.

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    Former Member
    Apr 30, 2015 at 08:07 AM

    Hi, can you post print screen with customazation which caused an error

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    Former Member
    Jun 04, 2015 at 11:26 AM

    Utkarsh,

    I would like to add one point here is Simple Finance 2 does not support multiple currency valuations though we have option remain for keeping the currencies.

    I am sure you might be using these currencies only for GL document purpose and not activated any C&V profiles.

    Regards,

    Santosh Varanasi

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    Former Member
    Nov 25, 2015 at 09:47 AM

    In previous versions of SAP we can maintain three currencies for company code but in Simple Finance I see option to maintain only two currencies per ledger , please confirm.


    Regards

    Kishor Reddy

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    • Former Member Former Member

      Hi Raghuchandran,

      In 1503 the currency conversion settings (exchange rate type, date, source currency) used to be defined in the second level of the viewcluster per company code and ledger.

      Indeed the settings must be equal for all ledgers for one currency type in a company code.

      Therefore we decided to put these currency conversion settings as separat view independent on ledger.

      Depending on the currency type (view 1) the settings can be maintained only once ( view 2 ) or per company code ( view 3).

      Another new feature in 1511 is, that you can define additional currency types in customer namespace with you own labels( view 1)

      In 1511 these customer defined currency types are not converted automatically, but this will come in one the next releases. In 1511 you can use the period end activity foreign currency valuation to populate the currency types in customer name space.

      Best Regards,

      Michael