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Former Member

Different local currencies

Hi

Is it possible to post different currencies for LIV of intercompany posting . for Ex, Company A have USD as local currencies, and Company B have EUR. Company A wants to process LIV on behalf of Company B. We already maintained the Parallel currencies ,but we are gettng error different local currencies , Any body over come this .There are couple of OSS notes for 4.6c.4.7 but we need it for ECC6.0 Any help will be highly appreciated .

Thanks

Jeevan

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5 Answers

  • Sep 02, 2008 at 07:03 AM

    I did not fully understand your requirement/problem.

    Each company code has its own home currency, this is defined in company code customizing.

    The invoice is posted in the currency of the invoice, SAP itself stores the invoice amount in invoice currency along with the amount in local currency as a history record in the purchase order history. The local currency is derived from the company code currency, the company code is found via the plant that is specified in the purchase order item.

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    Former Member
    Sep 02, 2008 at 02:27 PM

    Thanks for your Reply .

    What i am looking for the Intercompany Invoice Process. How to post the Invoice of two different company code currency . If Company Code currency A is in USD and other company code currency in Euro , Is it possible for the Company Code A to post the Invoice in EURO for an Procurement activities in Company . Code B. The Local currencies which i referred is the concern company code currency

    Thanks

    Jeevan

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  • Sep 02, 2008 at 08:03 PM

    Hi,

    In general the inter company procurement will be like this.

    The plant of one company code will place an order to the plant of other company code.The plant which supplies the material is called supplying plant and can have a differrant corrency.

    If the currencies of the two company codes are differrant, while creating the PO system takes the conversion factor from the maintained settings and during the entry of the invoice which is sent by the supplying plant(here is the vendor) this will be proposed for FI entries.

    How ever you can maintain the invoicing party in the vendor partner function so that you can entry the invoice against this vendor.Please note that this process is viable as long as you enter the invoice wrt a PO.This is the normal intercompany process.

    Also if the question you put is with regard to intercompany prcurement process, the company code A can not process the invoice on behalf of the company code B. because one will be the vendor which will send the invoice and another will be the receiving , and enter the invoice sent by the supplier.

    If this is not the process you expectt please eloborate your scenario so that you can have a good explanation.

    Regards,

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    Former Member
    Sep 02, 2008 at 08:52 PM

    Hi

    Iam assuming that Cocd B is creating a PO in Eur against Cocd A.

    Cocd curr in A is USD.

    and now Cocd A needs to invoice againt Cocd B

    and you want to invoice in Eur and not USD

    pl. try using this work around

    on the miro screen invoice from cocd A

    enter vendor details enter the curr first as Eur

    and then enter the PO details

    and you will see a new tab where in you can see the exchange rate details

    andpost the invoice

    pl try

    thanks

    Prasanna

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    Former Member
    Sep 03, 2008 at 02:17 AM

    Thanks Guys . I appreciate everyone.. I tried with all the Option, i am getting error as Different Local currencies.

    B will issue Purchase Order ( Euro) and Make the GR and when the Invoice come it will forward to A. A will process the Invoice on behalf of B. i got stopped here. It is not a matter of Exchange rate. We have to maintain the parallel currency in OB22 for the company code as it needs to reconcile with the other currencies . What i am referring here is not the PO currency , it is the company code currency.

    Standard SAP will allow to post the cross company Invoice if both the company code has the same currency . We have third company code C which is having USD. A will Process the Invoice for C. we don't have any problem with cross company account.

    We maintained all the exchange rates , Please help me with any OSS notes or Procedure for maintaining the company code currency and the local currency .

    IF you search OSS notes with Different local currencies in LIV , there are couple of notes, But i coudn't succeed , we are not using Consolidation . Let me know if any one is having any question about the Process

    Thanks

    Jeevan

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