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Former Member

Best practice for Equity Accounts currency conversion

Hello,

The equity accounts in US have a special requirement, i.e. they have to use the historical rate for each equity transaction. How is this normally handled in BPC ? I have tried going through service marketplace and also help site.

Thanks.

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  • author's profile photo Former Member
    Former Member
    Posted on May 01, 2012 at 08:53 PM

    Hi,

    We did using FX OVERRIDE.The Equity accounts are entered using input schedules in historic rate and the Script logic with FX_OVERRIDE retains the historic rate(prevents from FX translation).

    FX_OVERRIDE(%from_ovr_acc%,%to_ovr_acc%,%fx_diff_acc%,%CURR%)

    Refer SAP Help for more information

    http://help.sap.com/saphelp_bpc75/helpdata/en/03/ffe03ccc984d42a3c7f64965fb5474/frameset.htm

    Thanks.

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  • author's profile photo Former Member
    Former Member
    Posted on May 03, 2012 at 12:53 PM

    Hi,

    We do it as follows:

    for equity accounts the users enter local currency and group currency values via input schedules. We then use a specific ratetype which uses the [AS_IS] formula to keep the entered group currency value on conversion.

    Regards,

    Arnold

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