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Former Member

Foreign currency revaluation for non open item account

Hello,

we are executing F.05 foreign currency revaluation. Our company code currency is CAD. Now we have an account which having currency as CAD (company code currency) and is NOT ticked as "Balance in Local currency" and this account is NON-Open item managed

now there is a posting to this account with a foreign currency ie USD. My question is will this account be considered in Revaluation program. Currently the program is revaluating this entry but as per the client,This is a Non-OI account and its balance should be taken all as pool in CAD. Foreign currency entries in a NON-OI account denominated in CAD account cannot be cleared and should not be revalued.

Please suggest.

Regards,

Zulfikar

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2 Answers

  • Nov 16, 2017 at 11:56 AM

    Hi Zulfikar,

    Yes, it will be revaluated as balance account. You could exclude account from the parameters in F.05.

    Are you using ECC 6.0 or S/4 HANA ? This is because the tags you used.

    Kind Regards

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    Former Member
    Nov 16, 2017 at 01:25 PM

    We are using ECC.

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    • Hi Zulfikar,

      When you evaluate forex against company code currency, System will select those posted line item in foreign currency. whereas when you evaluation forex against group currency USD (translation), system will select posted line item other than USD.

      Thanks.