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FX gain loss

May 07 at 07:23 PM

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Former Member

Hi,

I'm a beginner trying to get my head around foreign currency transactions. I'd appreciate some help. I've read many answers here related to processing EBS with foreign currency transactions, however I still have some questions:

- Does Note 999974 relate to automated posting? Original text that I came across indicates only Manual posting.

- If so, is there FX gain/Loss since there is no FX rate difference ?

- How does above relate to the setting in T-code: OBY6, the flag of 'No ex.rate difference when clearing in local crcy' ?

Thanks in advance !

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1 Answer

Gustavo Vazquez May 08 at 10:37 AM
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Hi Dejan,

The 'No ex.rate difference when clearing in local crcy' in OBY6 works like this.

You have an invoice of 100 USD, ex rate 1 USD = 1 EUR. Now when you pay the invoice the Ex Rate is 1 USD = 0,9 EUR, you will still pay 100 EUR and No Ex Rate will be posted. If you have not checked the NoExRat ... then you will pay 90 EUR and 10 for P/L ExRate.

This affects the whole company code (AR/AP) so be carefull.

Kind Regards

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Former Member

Hi Gustavo,

thanks for your response.

Would you know if ''No ex.rate difference when clearing in local crcy' have anything to do with Note 999974 and if Note 999974 relates only to manual statements ?

Regards,

Dejan

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No, it is not related.

Form my understanding, SAP Note 999974 is a scenario where a bank statement has got movements in a different currency than Bank Account Currency and provides a solution for Ex.Rate Difference. I have not seen this scenario before.

BR

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