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accounting entries in FI- foreign exchange SPOT transactions in TR

Hi Friends,

I want to know what accounting entries will be posted in spot transaction for eg. sell EUR 500 with the local currency being USD. Buy $100. Do I have to buy and sell together in TX.1. Then is any Gain /loss acct hit.

I am checking in sap help for Foreign Exchange - TR, but no notes in detail seen there. Pl provide me with study material links on the same. Also if you can explain me the account determination. it will be good.

Though its basic, its required for my better understanding.

Thanks

kamala

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    author's profile photo Former Member
    Former Member
    Posted on Nov 10, 2009 at 12:24 AM

    Hi,

    FX1000+ (Buy FX) will be Dr Bank Clearing Cr Position (Liabilities)

    FX2000- (Sell FX) will be reverse of the above

    They are both posted thru TBB1 for same FX spot transaction created thru TX01/FTR_CREATE.

    Realized gain/loss is posted thru derived business transaction: TPM18

    Manish

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