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author's profile photo Former Member
Former Member

Foreign currency valuation process.

Hi Gurus,

I need some help on foreign currency valuation. Can any one explain the in detail the process of month end open item valuation. I need to valuate an open item account which is in JPY and the company code currency is HKD and group currency is USD. I have to perform both remeasurement(transaction currency to functional) and translation( functional to Group). I need step by step guidance.

Thanks in advance,


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  • author's profile photo Former Member
    Former Member
    Posted on May 21, 2008 at 05:23 AM


    for valuating foregin currency valuaqtion, you need to prepare

    1. automatic postings for foregin currecny valauation(FCV) by to code. oba1- double click on exchange rate key and assign the relevant chart of accounts and G/L accounts.

    2. after that you have to create valuation methods in OB59

    assume you have posted invoices with foregin currency,

    enter the present currency rates in exchange rates, then run the FCV in f.05, after executing select the posting button, it will process the posting.

    thing is you should decide whether it is year end or monthend.

    let me know further clarifications,


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