Anyone knows if it is possible to use the foreign currency valuation program (F.05) to valuate some accounts to make them zero, instead of use a exchange cathegory?´Is any Valuation method that can do that? Thanks in advance.
We are on ECC 6.0, and did not activate New GL. For FCV, I did not create Account Principles, Valuation Area, assgin Accounting principle to Ledger Groups and assign Valuation area to accounting principle.
Pls let me know if I can do the FCV without the above settings .
When I try to run FAGL_FC_VAL, I am getting the below error.
No accounting principle assigned to valuation area
Message no. FR894
Diagnosis
In Customizing, the valuation area is not assigned to an accounting principle. You can use the accounting principle to define the general ledgers in which posting takes place.
System Response
Error message
Procedure
Assign the valuation area to an accounting principle.
Hi,can you elaborate? This tcode calculates ex.rate differenses and If you have balance in local currency then there will be balance in local currency after executing this tcode
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