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Is there a way to make the transaction currency be always equal to local currency?

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I want to make the transaction currency be equal to local currency for all my retained earnings account. How can I do this? Also, if this is possible, can I do this for previous years?

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As an example found in table GLT0 the Balance Carried Forward in transaction currency is 25.163.383.42- while for local currency it is 111.185.909.45-. How can I make the value for this retained earnings account be equal?

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Answers (2)

Answers (2)

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Hi --- I think I found the solution. I will leave it here for future reference link: https://wiki.scn.sap.com/wiki/display/ERPFI/Explanation+of+how+the+logic+of+the+GL+update+currency+a...

iklovski
Active Contributor
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Hi,

I really don't understand what you mean by this. Why would amount in transaction currency be equal to an amount in local currency?

If USD = 110 YEN, why would amount in USD be equal to that in YEN?

Regards,

Eli

P.S. ...and what is BCF currency? Trading in BitCoins in SAP already? 🙂

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Perhaps I badly stated the question, what I mean is that if the local currency is USD, and I want to post a document in YEN (becomes your document currency), is it possible that the transaction currency in GLT0 be reflected/converted automatically to USD? And is it possible for the currently posted amounts to change the value say from YEN to USD so that both can be always equal? I'm not sure if this makes sense

PS. BCF - Balance Carried Forward. No, not bitcoins haha!

iklovski
Active Contributor
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Still, don't follow... Every posting/inscription in your totals table, GLT0 if you still use classical G/L, will be done in local currency along with document (transaction) currency. This stands also for retained earning account. And, obviously, you cannot 'change' the currency in which the posting was done.