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IO using wrong curency

we have two internal orders under one comp code, during IO settlement, both have local amount 4000 JPY, two internal order generate two settlement accounting document for same posting date, but the grp currency is different, one is 100 USD, one is 120 USD, why the exchange rate for same posting date is different, are they using the exchange rate of IO creation date? can this be preconfigured?

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  • Best Answer
    Posted on Oct 15, 2010 at 03:05 AM

    IO is using settlement date rate, check exchange rate type config

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  • Posted on Oct 13, 2010 at 05:13 AM

    Hi Siva

    What you should be looking at is - Is there any balance left over in any currency after settlement...

    Check your IO and see if there is any under or over settlement...

    If your controllng area manages "All Currencies" in OKKP and your 2nd currency in FI is same as contr area currency, then system settles the Values in Obj Currency and values in COntr Area Currency separately so that balance is not left over in any currency

    May be in your case, the Local Value amounts to 4000 JPY in both IOs, but the exchange rate was diff at that time

    Plz check your IO and revert


    Ajay M

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