use a separate exchange rate for the translation of taxes for postings in f

[Former Member]

HI Experts,

How can I use a separate exchange rate for the translation of taxes for LIV postings(MIRO) in foreign currency? What is the meaning of this? Do this statement means that you define a separate exchange rate for taxes different with the exchange rate of the accumulated amount for only 1 Document Posting? How do I do this?

Thanks a lot!

[Former Member]

Hi,

Please note that exchange rates can either be given at a Company code level in OBY6 or at a document type level in OBA7.

Coming to your case, you can specify a separate exchange rate for the document type that is define at the type of LIV normally u2018KRu2019 if your client wants it.

Regards,

Kiron Kumar T.

[Former Member]

THank you for your reply...Ok so I already posted an Invoice with a different currency. However, it's not only the tax amount for local currency was affected, it also affected the total amount of the Invoice for local currency. How can I reflect back the original Amount to be posted in Local Currency?

Sample: Vendor Invoice Amount = 926,413 JPY translated to local currency 14,591.00 SGD for exchange rate 0.01575 JPY/SGD.

But the posted amount was based on another currency which I manually input: 0.01524 JPY/SGD. So the 926,413 JPY translated to 14,118.53 SGD.

How can I reflect the 14,591.00 in the accounts not the 14,118.53?

BTW, how does the exchange rate posting difference works anyways?

[atif_farooq]

Dear:

You will have to reverse the postings and re post the document again.You can make exchange rate specific for document type posting in OBA7 in default.

Coming to your next question how does exchange rate differences work. You have to assign the automatic account determination for posting exchange rate differences while clearing the vendors F-44 or Customer in F-32 in FBKP---Automatic postings...Exchange rate differences..In KDF you normally give GRIR clearing accounts and vendor and customer's reconciliation account. Hope it will help you.

Regards