F-03 clearing Issue

[former_member406157]

Dear All,

We have posted a payment through F-53 in foreign currency and at the time of posting we entered the correct exchange rate manually to the system. In the out going G/L these are open items now. When we check the G/L account through FBL3N, amounts in local currency are showed by multiplying foreign currency amount in to given correct exchange rate which was given manually at the time of posting. But when we go to clear that amount through F-03, amount in local currency is differ than to the amount in local currency in G/L account.

Ex:

Foreign currency Amount= 100

Exchange rate on posting date= 10

After posting, Amount in local currency in the document= 1000

But when we go to clear that value through F-03 amount in local currency is less than to the amount in local currency in posted document. It is 850.

Can anybody explain me the reason behind that.

Regards,

Lakshan

[nico_dewaele]

HI Eli,

the clearing transactions use the clearing date as foreign exchange conversion date. You better set this one on the posting date of the payment document.

I thought you could switch that off, but I can't find how for the moment. I will update when I remember

kr

Nico

[former_member406157]

Dear Nico,

Thanks for your response. If you remember let me know.

Regards

Lakshan