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Former Member

Money Transfer between two foreign currency bank accounts

Hello,

Company A's functional (company code) currency is GBP.

It maintains bank accounts in GBP, EUR and USD.

How can it transfer money in SAP between its USD and EUR bank accounts without going via GBP account?

Thanks in advance for your time and efforts.

sumit

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  • Posted on Nov 21, 2007 at 08:58 PM

    FB50 or FB01 with required currency and bank accounts.

    Because your company code is involved there will also be an update of that currency in the company code currency as well

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    • Former Member

      Hein,

      Thanks for the reply though it is not that straight forward.

      The situation here is that account # 100 is EUR denominated, account # 200 is USD denominated. The co. code is GBP denominated.

      Now, I want to move money from my USD account to the EURO account directly.

      If I go to FB50 or FB01 and enter USD as the transaction currency for the JV and enter USD account # 200 as a credit and EUR account # 100 as a debit, SAP does and will error out as the EUR account can only be posted in EUR, not USD and not GBP or any other currency for that matter.

      So, the question still remains, How do I move money between two foreign currency bank accounts without going thru the functional currency bank account?

      Btw, I do understand that SAP will calculate the equivalent GBPs in local currency on each line.

      sumit

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