Foreign currecncy transactions

[Former Member]

Hello,

Here is a scenario where we purchase foreign currency from vendor and issue it (in full or in part) to employees for foreign travel and receive it back as expense bill or balance.

Please help me out how to map it in system inculding fluctuation in rate.

It will be helpful if explained step by step.

Regards

Tushar

[former_member1244686 · Accepted solution]

hi

Goto T.Code OB09 and Maintain the Forex Gain A/c & Loss A/c for the Recon A/c(Sundry Creditors) .Also maintain the B/S Adjustment Account. Then Maintain the Rate of Foreign currency in OB08 for Exchange type - M.

hope its useful.

Regards,

Ram

[Former Member · Accepted solution]

I have maintained it but i ma asking for the procedure to configure the said scenario.

Regards

Vijay

[Former Member · Accepted solution]

Thanks