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author's profile photo Former Member
Former Member

account determination - exchange rate and valuation

Hello All,

we have a problem concerning our account determination for differences in exchange rate and valuation. When clearing open vendor items in foreign currency, a percentage of the difference goes to our exchange rate difference account (correct), but the other part of our difference goes to the account we have configured for valuation (incorrect).

Before, we had, in "Account Determination for OI Exch.rate differences" (transaction FBKP) , the following configuration for all our accounts in foreign currency:

Exchange rate difference realized:

Loss: 66800000

Gain: 76800000


Val Loss: 66800100

Val Gain: 13600000

Bal sheet adj: 40099999

Now, we have the same accounts,except for "Bal sheet adj", for which we have 5 different accounts depending on the account to be valued. This change shouldn't have any effect, but since then, every time we clear an open item (KR and KZ), one part of the difference goes to an exchange rate difference account, while another part goes to valuation, when this last account should only be used when running F.05.

Any help?



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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Dec 04, 2007 at 11:43 AM

    Hi Daniel

    This is probably because while doing F.05, you would not have reversed the postings one day later after the valuation (as is the normal case). Since there is a balance in Valuation exchange gain/loss account, you need to close that account when you realized the Open items.

    S Jayaram

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 29, 2008 at 02:47 PM

    Hi Daniel

    Could you find out the reason for the same?

    I am also facing a similar situation and i don't think this is becaue of any changes done to account determination set up or due to non - reversal

    Is this a correction posted for adjusting revaluation account for Creditors/Debtors



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    • Former Member Former Member

      Clearing is done through F-04 and it is the receivables and payables for interco which are getting cleared.

      The bal adj account defined in OBA1-KDF for open item forex revaluation are again getting posted while clearing revaluated open items along with realised gain/loss


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