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Exchange rate while MIRO

Hi All,

We have created one import Purchase order quantity is 1,212.120 X USD 23.02.

While doing the GRN my exchange rate is INR 55.55 x 1200Quantity X USD 23.02 Equal to INR 1534513.20 & USD is 27624.00

As per business decision GR exchange rate and MIRO exchange rate must be match. For that while doing the MIRO business user has to enter exchange rate manually. Now i am performing MIRO with GR exchange rate is inr 55.55. We are getting account determination error KDM. Please check screens and guide us any inputs.

Doing the MIRO full quantity ,whcih is 1200 in line items & entered exact amount. Simulate

While simulate the MIRO document > Only GRIR line item being updating.Not second one.

If i do the MIRO for single line item

Enter exact amount of GRN > simulate in USD & INR

Why this GAAP in INR. Company code currency amount not updating in vendor line items.Why it so ? This is happned for import vendors.

Regards

Mani

1.GIF (98.8 kB)
2.GIF (17.2 kB)
2.GIF (17.2 kB)
3.GIF (77.7 kB)
4.GIF (38.2 kB)
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5 Answers

  • Posted on Apr 05, 2013 at 06:59 AM

    This is the Exchange Difference Account which should be assigned in case of there is difference in Exchange Rate from PO to Vendor Invoice.

    This is a mandatory setting Even if there ZERO difference also we should maintain.

    In obyc KDM update GL account for exchange rate difference.

    Hope Helpful...

    Do the changes and Revert if any issues

    Thanks,

    Shiva

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 08, 2013 at 10:14 AM

    Hi,

    You are fallowing correct cycle. It doesn't matter if you are inputting exchange rate in MIRO or not. System posts MIGO based on system or PO exchange rate. When you do MIRO, system adjusts values based on exchange rate (system or MIRO manual changed rate) and and posts them to correct accounts. The system design requires us to maintain GL account for KDM. You need to maintain GL account even though there is no difference in exchange rate.

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 09, 2013 at 08:05 AM

    Just saying line item generating is not enogh for us to investigate. You need to specify the entries as well.

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 09, 2013 at 08:19 AM

    Its clear from your entry. There is difference in manual and system selected exchange rates. In OB08 you can verify this. Also there are chances of difference in MAV price of material at the time of PO,GR and GR. In both the scenarios system posts difference entry.

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  • Posted on Aug 03, 2013 at 03:22 PM

    Hi Mani,

    We also used to get this error. The only solution with us was to change the exchange rate in OB08 which is same as GRN exchange rate.

    Pls try the same and see if it works.

    Regards,

    Ramnik

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