GR for PO in forex resulted in currency conversion rounding difference

[Former Member]

Hi,

I have created a PO in foreign currency and when I perform a GR in MIGO, it created the following 4 FI postings:

1) DR Stock - Amount in Forex, Amount in Local Curx

2) CR GR/IR - Amount in Forex, Amount in Local Curx

3) DR Rounding Diff 0.00 in Forex, 0.01 in Local Curx

4) CR Rounding Diff 0.00 in Forex, 0.01 in Local Curx.

Below are the information for the PO item:

Quantity = 350

Unit Price in EUR = 10.39. ==> Amount in forex = 350 * 10.39 = 3,636.50

Conversion rate = 10.61 ==> Amount in local curx = 350 * 10.39 * 10.61 = 38,583.265 rounded to 28,583.27.

Line 1 & line 2 ==> Rounded amount = 28,583.27.

Question: Why is the additional lines (3) & (4) being generated ?

When I did the MIGO posting, the system ask for the additonal account keys PRD and KDM in OBYC which I have supplied with "Rounding Diff" Account.

We have tried with different quantities and this problem so far only happens when the quantiy = 350. (Incidently, the rounding diffence for quantity 350 is exactly 0.005 and the same rounding difference of 0.005 is also applies to quantity 1050, 1750, 2450 etc at every 700 units increment; BUT the 0.01 rounding difference only happeded for quantity 350. Very strange ??)

Additional Info:

No special rounding rules is configured in the system.

Please advice.

Thanks and regards,

Hu Ghee.

[pankaj_singh9 · Accepted solution]

Hi,

Go to OMRW and check whether "CCCurr" i.e. Treatment of Exchange Rate Diffs. in Company Code Currency is activated for your Company Code if yes then deactivate it if you don't want this kind of entry.

[Former Member · Accepted solution]

Hi Pankaj,

Thank you very much for the quick response.

No, OMRW is not activated for my company code in qestion. That was what I meant above when I said no additional rouding rule was configured in the system.

Rgds,

Hu Ghee

[Former Member · Accepted solution]

Hi Pankaj,

Actually, your suggestion worked. It was jus that when I went to the OMRW screen earlier (even before I posted this message), I saw that the setting was "Blank" and thought that it meant "Not activated" whereas what I need to do was to set it to "No" for no exchange difference.

TQVM.

Rgds,

Hu Ghee

[Former Member]

This thread gives a lot of informations that are very valuable. Thank you for sharing here.

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