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Forex 60A Spot exchange Between companies & the Bank

Dears,

I have an issue regarding Forex - Spot Exchange (60A - 101) between company codes

the case is as below:

C.Code 1000 will buy 2 M USD Spot exchange with SAR and will inform the bank to deposit it directly into the USD Bank account in C.Code 2000

the bank will deduct the SAR amounts from C.Code 1000 SAR Bank account and will add the 2 M USD into C.Code 2000 USD Bank account.

After checking the system, the mirroring option will not fullfill my req as the contract needs to be done with the BANK not the C.Code business partner, i also found on behalf field for maintaining the other company code but it does not affect the Transaction posting.

I'm thinking of 2 using Account assignment Reference and adjust the G/l accounts, it should work but i want more tracking functionality.

Regards,

Ahmed Samir

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1 Answer

  • Jul 03, 2017 at 11:15 AM

    Dears,

    Kindly advise if there is a standard solution for the above case.

    Thanks and Regards,

    Ahmed Samir

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