Hi experts,
I have configured foreign currency valuation for my client and i am using fagl_fc_val. In OBA1, i have configured the expense and gain accounts in KDB and assigned valuation gain/loss and exchange gain/loss to the gl accounts in KDF. I used different accounts for valuation gains and losses, as well as different ones for exchange gains and losses. I didn't configure any balanced sheet adjustments accounts.
But when I execute foreign currency transactions where there is a loss or gain, and run the valuation program, as well as the batch input posting, the system posting zero as the exchange rate gain/loss instead of the correct valuation gain/loss. Please assist.
Kindly assist
Tatenda