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Currency valuation for B/S & P&L on different exchange rate

Posted on Jun 18, 2010 at 10:03 AM 803 Views

Hi Experts,

We are on ECC6, One of our company code currency is EURO, where our group currency is USD. We are not maintaining any open item management functionality for any of our GL's.

We have a new requirement from business as all the balance sheet GL's valuation should happen on year to date exchange rate i.e (Spot rate) and difference of forex should get posted in group GL's. All the P&L GL's valuation should happen monthly on average rate.

How we can manage this requirement as currency difference should get posted in group GL's and we have different requirement for B/S & P&L.

I wanted to know is there any standard T.code through which I can address this. Please advise

Regards,

Shilpa

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  • author's profile photo Murali Babu Nallamothu
    Murali Babu Nallamothu
    Posted on Jun 18, 2010 at 10:12 AM
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    Hi,

    Select Valuate P&L accounts indicator under GL balances tab in FAGL_FC_VAL.

    Open item sttings can be actiavted at any point of time using with Program RFSEPA02.

    But make a copy for this program as standard program doesnt support.

    Rgds

    Murali. N

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    • Former Member
      Jun 21, 2010 at 03:47 PM

      Hi,

      Yes I have knowledge of this T.Code, but this is not the solution for my question. Hope my question is clear. Request other experts to give their thought process.

      Thanks allot.

      Regards,

      Shilpa

  • author's profile photo Former Member
    Former Member
    Posted on Jun 21, 2010 at 03:51 PM
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    HI,

    customizing: maintain 2 different valuation areas with the ex rate type you need.

    Run FAGL_FC_Val twice selecting the accounts to be valuated. for BS accounts use one valuation area, for P&L accounts (balances) the other one.

    Best regards, Christian

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