Skip to Content
author's profile photo Former Member
Former Member

FC Valuation at Year End- Balance sheet items

ECC-6.00 (FI-CO)

We are maintaing the FC exchange rate on monthly basis. We follow a calender year for our group reporting. Is there a way to carry forward all the open items as at 31st December 2007 to new year at the closing rate of December.

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • author's profile photo Former Member
    Former Member
    Posted on Nov 30, 2007 at 12:12 PM

    Use T code FAGL_FC_VAL

    Prior to that Define Valuation Area in

    Financial accounting (new ) -- General ledger accounting (new) Periodic processing valuate-- define valuation area.

    Suresh AK

    Add a comment
    10|10000 characters needed characters exceeded

    • Former Member

      Valuation area is already defined. As I understand, diffrence_FC_VAL will just post the entry for exchange diffrence. What I'm asking is carry forward the open items to new year with the closing rate instead of rate prevailing at the time of accounting that particular transaction.

      Any way thanks for replying.

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.