Doubt reg: Fx Revaluation : Valuate G/L account balances

[former_member195383]

Hi All,

In Fx reval tcode FAGL_FC_VAL we have a tab Valuate G/L account balances . How this is different from Valuate G/L open items. If we add the open item amounts, that is nothing but the balance of the G/L account, if I am not wrong.

So Please let me know the significance of this.

Regards

Rudra

[former_member188028 · Accepted solution]

Hi,

Open items tab:- This is for Vendor/Customers and GL accounts which are activated open item managemnt.

Here one side accounting entry can be posted to a B/S adjustment account.

G/L Balances tab:- This is for the GL accounts for which G/L accounts we haven't activated OIM.

Here one side accounting entry can be posted to same revaluation GL account.

Rgds

Murali. N

[Former Member]

Hi.

'Valuate G/L account balances' valuated eg accounts with cash in foreign currency,

'Valuate G/L open items'- open item of vendor/customer rec accounts in foreign currency