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Former Member

Foreign Exchange difference posted to price difference account at MIGO

Hi,

We have a problem regarding posting foreign exchange rate difference at the time of GR.

We are costing materials at the beginning of year, and purchases made during the year as per PIR will result in legitimate price difference which is posted to price difference account. Thatu2019s working alright.

Now, due to new business requirement, we maintained PIR in MXN (Mexican peso), & standard cost is converted in local currency USD as per exch. rate maintained in OB08.

Now, when we do GR, the difference of foreign exchange at the time of Std. cost & GR date is posted to Price difference account instead of foreign exchange account. For eg. Std .cost of material A is 1000 MXN, and GR cost of material X is also 1000 MXN, however corresponding USD is different because of different foreign exchange rate.

Will appreciate if someone can suggest on how can we post it to exch.rate diff.account instead of price diff. acct. ?

Thanks,

Nirav

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6 Answers

  • Posted on Dec 13, 2011 at 03:38 AM

    First of all....the GL accounts at the time of MIGO or MIRO will be picked up from the Integration point "OBYC".

    You are not manually assigning the GL accounts for Purchase Price Variance account.

    For all "Realized and Un-realized exchange rate differences, GL Accounts will come from "OBA1".

    Check if you would need to define this Ex. rate diff account in OBYC for automatic posting

    Thanks

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  • Posted on Dec 13, 2011 at 06:04 AM

    Hi Nirva,

    prerequisites for exchange rate difference use transaction code OBA1 and double click on KDB and KDF transaction and assign the relevent gl accounts gain/loss and expense accounts.

    Regards,

    Sreehari

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  • Posted on Dec 13, 2011 at 06:09 AM

    Hi

    Pls check the GL Assignment in KDM for OBYC

    regards

    Sanil Bhandari

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 13, 2011 at 06:50 AM

    Hi

    Price difference in case of materials managed with standard cost will always post to PRD account. However, if it is on account of foreign currency, you have to maintain GL account for KDM in OBYC.

    Pushkaraj

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 13, 2011 at 07:08 AM

    Hi,

    Once check currency and currency type in OBA1.

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    • Former Member Former Member

      Hi,

      I see the above posts where there was a mention of OBA1 and the keys there.

      I'm not sure which version of SAP you are working on...however I hope it might help if you can make any settings in t.code OB09.

      Regards,

      Soujanya.

  • author's profile photo Former Member
    Former Member
    Posted on Dec 15, 2011 at 03:54 PM

    Hi Expert,

    Please check your OBYC settings, is there any GL Account which is mapping to the Foreign Exchange Differences GL Account, which is configured in OBA1.

    Check this settings and get back...

    Regards,

    GK

    SAP

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    • Former Member

      Hi,

      Thanks for your replies.

      OBA1-KDF or OB09 are already maintained with correct reconciliation accounts. That's not the issue at all.

      The issue is at the time of Goods Receipts-MIGO (when vendor is not in picture at that time, so no question of OBA1)

      We want to post price difference;

      1) Arising out of genuine price difference - to Price Diff.A/c (which is posting correcty)

      2) Arising out of foreign exch.difference- to Foreign Exch.Diff.A/c (which is not happening)

      I'm looking for a settings in OBYC-PRD, from where price difference is booked to different GL accounts in different scnearios as mentioned above.

      Thanks,

      Nirav

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