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Former Member

Temporal Translation Difference on Opening balance

Hi,

BCS Currency Translation offers functionality to calculate changes in opening balance due to exchange rate fluctuations.

I would like to report Exchange rate fluctuation on opening balance of fixed assets.

However, as it is mentioned in Sap help, this functionality is calculating temporal translation difference in each period taking the last period amount and fluctuation in exchange rate.

To illustrate this:

Opening balance as on 01/01/2008 LC 10 EUR @ 10 nok/eur GC 100 NOK

Addition in 31/01/2008 LC 5 EUR@ 15 nok/eur GC 75 NOK

Temp Trans diff at the end of first period of 2008 = 10 (15-10) = 50 NOK

28/02/2008 ER 20 NOK/EUR

Temp Tran Diff at the end of second period of 2008= 15 (20-15) = 75 NOK

Whereas temporal translation difference on opening balance of 10 EUR is 100 NOK (10* (20-10)).

Can someone please advise?

Best Regards,

UR

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1 Answer

  • Oct 02, 2008 at 12:32 PM

    Is the difference broken down into separate records with different translation indicators? And, if so what amounts are given for each translation indicator?

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    • Former Member

      Hi Dan,

      Difference in broken into two reocords, one in period 01 and second in period 02 with same translation indicator 02.

      Best Regards,

      UR