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Former Member
Oct 31, 2012 at 03:59 AM

GL balance difference with TPM1 valuation in Treasury

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Hello Freinds

During our monthly process in our company, after reconciliation we could find the following difference from GL account to Valuation report in Treasury.

For Fuel hedging our GL balance is giving out a figure of INR 64,870,473.21 and figure arrived as per valuation is INR 63,356,178.71

The difference is INR 1,514,294.50

What would be the reason for difference. I could very well found that one contract for fuel commodity option has not been closed vide Trasnaction type 500 for product type 75b, as it is not settled, no TBB1 posted for the last month period. Now period also had been closed for the month of sept 12 by the business. Does there would be any impact if we run all the postings for the contract for Oct 2012.

Then freinds, could you anybody tell me what would be the main cause of difference between the GL balance and Valuation balance in TRM.