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Rebates - Final Settlement - Currency Conversion issue

Former Member
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Dear All.

We're having an issue during final settlement for some of our rebates. Some rebates are set up for customers which are under foreign (local) currency.

We set the recipient up with the local currency, the rebate conditions in the local currency, and the sales documents through billing are processed in the local currency. Even the accruals are in the local currency. I can check the rebate verification level, and the amounts look fine.

Then we run final settlement.

The B1 document is created. The B1 shows the local currency, but the condition rate currency is USD instead of the local currency. The value is converted to the foreign (local) currency, but at the current conversion rate.

So the accrued local currency value is almost never completely reversed out.

What to do?

The currency conversion fluctuates throughout the lifetime of the rebate agreement. So possibly each billing document is processed at a different conversion.

Is it possible for the settlement document(B1) condition rate to only be created in the local currency so the conversion need not occur?

Other thoughts?

Possibly we've missed something? I was thinking that this probably isn't that rare of an issue, but I didn't find anything on OSS or in the forums.

Many Thanks!

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi Devon

The B1 document is created. The B1 shows the local currency ....

The value is converted ... at the current conversion rate.

So the accrued local currency value is almost never completely reversed out.

This is a critical error. After final settlement all accrued amounts for the rebate contract should be reversed in accounting.

Even if you "pay" less than planned, whatever is the reason.

I suggest you check again the accounting movement behind the B1 credit memo. Double check the accrual cancellation.

Also check values in the S060 table for the contract. Accounting data and SD data in table S060 must always match.

If you confirm the system is not working and can reproduce the problem in the DEV system, report the problem to SAP.

Maybe you have found a problem in the standard system.

Several of my Consulting Customers are using SAP Rebate pretty intensively, but none is using a different currency for rebates (thank you EURO

Best Regards,

Franck Lumpe

Freelance SAP Logistics Consultant

Former Member
0 Kudos

Hi Franck

Thank you for the reply.

I like the idea one currency too.

Makes sense on S060. Thank you for the tip!

Yes, it is a big pain for our accounting dept. Need to get this one fixed soon.

Good to hear that at least we haven't overlooked something too.

We did find an OSS note, 1272817 which sounds like it will at least partially take care of the issue for us. It sounds like it will allow us to reverse the accruals in the rebate currency rather than our local currency. We'll at least test this out.

I'd be curious to hear from others too if they've encountered any problems with this. The note sounds like it's all or nothing. Wondering, if in some cases the reversal should be made based on the local or rebate currency depending on the rebate recipient, the agreement, or other???

Thanks again,

Devon

Answers (0)