FOREX run entries at the end of the year using delta logic

[Former Member]

Hi,

Can some one share the scheme of entries for the FOREX run with delta logic in ECC 6.0 .

T-Code FAGL_FC_VAL

Regards,

Gokul

[Former Member]

Hi Kiran,

I need the scheme of entries which gets posted once you run the valuation run at the end of the year.

Regards,

Gokul

[Former Member]

Hi,

Once you post Foreign currency revaluation, following entries would be posted:

1. Forex gain / loss Dr / Cr

To Unrealised Forex gain / loss Cr / Dr

The posting would be based on the nature of difference (increase / decrease)

This entry would be posted at the period end.

2. The above entry would be reversed automatically on 1st of the next period. This would reinstate your balances at the transation rates, which, if open at period end would again be realigned.

Trust this helps.

[Former Member]

Hi Gokul,

FAGL_FC_VAL is used for passing foreign currency valuation for

Gl

Customer

Vendor

All items of these accounts (currency other than the co code currency) will be valuated at the present exchange rates.

Regards,

Kiran