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author's profile photo Former Member
Former Member

exchage rate should not come during payment to the vendors

Hi Sap Experts,

My client have some different requirement,

At the time of MIRO system is picking the Exchange rate from OB08 table and converting to company code currency. When will make the payment to vendor, through company code currency system is picking exchange rate from OB08 table and it is showing exchange rate Gain/loss Account, which our client does not required.

At the time of payment to above vendor, system should picking only liability created value and should not show any exchange rate difference.

Thanks in advance

kareem

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 26, 2011 at 08:54 PM

    Hi,

    If exchange rate is same at the time of invoice and payment then there will be no issue.

    But when there is difference you have to show the Gain and loss in your account.

    Otherwise how will you entry match.

    Eg invoice 100 USD with exchange rate is 50 INR

    When you are paying 100 USD exchange rate is 51 INR

    Then entry will come as

    Vendor A/c 5000 Dr

    Loss Exhange rate 100 Dr

    To Bank A/c 5100 Cr

    If you don't show the loss how will you match the entry.

    As you have to show what you have paid through bank which is not changeable

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 17, 2012 at 09:06 AM

    anwered

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