Foreign currency revaluation per currency

[Former Member]

Hi,

for Belgian legal purposes we need to revaluate the customer and vendor open items per currency.

This means we need to have the balance of e.g. our customers in USD and the countervalue of this in EUR, if we translate the total USD amount at our closing exchange rate and compare this to our historical EUR amount we either have a gain or a loss.

This should be posted as one amount.

However SAP looks at each customer to determin if we have a gain or a loss and then posts both gains and losses.

This will blow up our balance sheet and P/L.

Does anyone know how we could solve this?

We need one posting (either gain or loss) for the combination of G/L account - currency - trading partner.

Thanx in advance for your help

Sven

[Former Member]

Hi Kavitha,

I had a look at transaction FKBP but this just allows me to select the accounts to which I want to post my exchange rate difference.

The problem is not with the accounts but in the way SAP calculates the amounts to be posted.

Now SAP creates several posting lines, posting both gains and losses for the same account-currency-trading partner where we need to have only one line item.

Thanx a lot for your help

Sven

[Former Member]

Hi

You can maintain a Revaluation a/c to post the exchange rate differences thru FBKP.

I hope this helps

Regards

Kavitha