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Former Member
May 19, 2008 at 05:50 PM

Foreign Currency Valuation - GL at the time of clearing of open items

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Hi experts,

We valuate the open items (Balance sheet items) in Company Code Currency without checking the reversal option.

At the time of clearing of these open items, the GL used for reversal of the valuation difference is been different.

GL mapped in OBA1:

Exch.rate diff realized

Loss/Gain: 716000

Valuation: Loss/Gain - 716001

Bal.Adj 1: 101699

Translation:

Loss/Gain: 716000

Bal.sheet adj -Loss/Gain: 716001

At the time of clearing of open items:

The entry which is getting passed for the reversal of the valuation difference is some time posted to GL: 101699 and sometime to GL 716000. The off-setting GL been Clearing GL(which is been valuated).

Could someone kindly through some light as to why the system behaving in such a way. We expect the GL at the time of reversal to be 101699.

Thanks in advance.