Skip to Content
author's profile photo Former Member
Former Member

Foreign Currency revaluation for GR/IR

Hi Friends,

Need your help. My client is facing the below issue.

he is facing issue with transaction F.13 automatic clearing of GRIR account for company code XXXX.

The problem is that the system is reversing the Foreign exchange amount posted in December 2010 and posting it as realized Foreign Exchange, therefore GRIR account is not beeing valuated with USD convertion at the month end closing.

Could you please throw some light on this issue

Thanks N regards,

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

4 Answers

  • Posted on May 10, 2011 at 12:36 PM

    Only balances in local currency should be activated for GR/IR clearing account. So that it stores balances only in local currency.

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on May 10, 2011 at 01:15 PM

    Hello

    Only balance in local currency should be checked to avoid currency differences

    Thanks

    Kameshwar Rao

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on May 11, 2011 at 05:54 AM

    Dear:

    Go to FS00 and for all GR I/IR Accounts balance in local currency should be ticked to avoid this happening.

    Regards

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on May 11, 2011 at 06:01 AM

    Hi..

    have you tried with transaction F13E to clear Foreign currency GR/IR accounts?

    Regards

    Babu

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.