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author's profile photo Former Member
Former Member

Foreign Exchange Revaluation of GR/IR Accounts

Dear all,

We had implemented mySAP ERP ECC 5. We had maintained the configuration of FBKP for automatic posting for Exchange Rate Differences for Transaction KDF for the GR/IR Account.

But for revaluating the open line items of GR/IR through the T-Code of "FAGL_FC_VAL - Foreign Currency Valuation (New) ", and after giving the required characteristics of company code, Evaluation Key Date and valuation area and then in the tab of open items, we select the option of Valuate GR/IR Accounts.

Also, we had checked the GR/IR account open items as on the Evaluation Key date and we the said G/L contains the open items wherein the document currency is not equal to the local currency. Hence through this T-Code system should revaluate the GR/IR open line items.

But system is not revaluating the same.

Please suggest any other method to revaluate the GR/IR account open line items.

Regards

Dhirav Shah

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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Jan 24, 2007 at 08:26 AM

    Hi Dhirav,

    You can use any of the following transaction codes to carry out your foreign currency valuation/posting

    <b>F-05 </b> Post Foreign Currency Valuation

    <b>F.05</b> Foreign Currency Valuation

    <b>F.06</b> Foreign Currency Valuation:G/L Assts

    <b>F04N</b> Vendor Foreign Currency Valuation

    <b>F05N</b> Customer Foreign Currency Valuation

    <b>F06N</b> Foreign Currency Val. (G/L Accounts)

    <b>FBB1</b> Post Foreign Currency Valn

    <b>FNSA</b> Foreign currency valuation

    <b>GLBW </b> Foreign Currency Valuation:G/L Assts

    <b>ABAW </b> Balance sheet revaluation

    I hope the above helps.

    Do not forget to award the points please.

    Regards,

    Jacob

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 24, 2007 at 08:38 AM

    Hello,

    Functionally GR IR account should be always maintained as "Only balances in Local currency".

    Can you highlight a scenario where in it should be otherwise.

    All clearing accounts should be the same.

    Regards

    Anantha

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    • Former Member Former Member

      Dear Dhirav,

      The document currency would be USD (foreign currency) but the posting to GR IR would be only in local currency.

      Kindly go to the GL account report and check the same, you would understand.

      The Foreign exchange difference if any would get posted at the time of doing GR itself.

      Hence no need to revaluate.

      kindly refer to the import process given by SAP - CIN version, it is very clear.

      you need not worry of AS11 if you had checked "postings in local currency only"

      Regards

      Anantha

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