RE:[sap-acct] posting is foreign currency
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 | Posted by Ryan_AU on May 12 at 6:50 PM |  Mark as helpful |
Teofilia.
1. yes, you can post using a forex rate when posting the invoice.
2. Depends on how the deposit was made and what currency your account is in. The posting in 1 will convert ot local currency so if the deposit was for a preagreed amount (outside of SAP) then the 2 local currencies would be the same. If not it will need to go to a FOREX gain/loss account.
Check how te bank will receive the posting and what will show on the bank statement.
---------------Original Message---------------
From: teofilia
Sent: Wednesday, May 12, 2010 4:27 AM
Subject: posting is foreign currency
> Hi Friends
>
> I need advice on this.
>
> Is it possible to post a document(AR Invoice) with FB01(debiting foreign debtors GL and crediting Revenue Account) in foreign currency and at the same time specify a fixed rate?
> Would the same be possible that when the payment is received, that the posting will be in the same foreign currency and enter the same fixed rate.
> Does the foreign debtor GL account has to be in local currency or be managed in foreign currency e.g USD only. Will these GLs also be included in the foreign currency valuation?
>
> Will this interfere with other kinds of posting, especially in the AP and GL that foreign currency is posted to and the exchange rate used is the one maintained on a daily basis in the currency.
> Thanks in Advance
> Teofilia
>
>
>
>
> The information contained in this e-mail is confidential and may be subject to legal privilege. If you are not the intended recipient, you must not use, copy, distribute or disclose the e-mail or any part of its contents or take any action in reliance on it. If you have received this e-mail in error, please e-mail the sender by replying to this message. Any views expressed in this message are those of the individual sender, except where the sender expressly, and with authority, states them to be the views of Telecom Namibia Limited.
__.____._ 1. yes, you can post using a forex rate when posting the invoice.
2. Depends on how the deposit was made and what currency your account is in. The posting in 1 will convert ot local currency so if the deposit was for a preagreed amount (outside of SAP) then the 2 local currencies would be the same. If not it will need to go to a FOREX gain/loss account.
Check how te bank will receive the posting and what will show on the bank statement.
---------------Original Message---------------
From: teofilia
Sent: Wednesday, May 12, 2010 4:27 AM
Subject: posting is foreign currency
> Hi Friends
>
> I need advice on this.
>
> Is it possible to post a document(AR Invoice) with FB01(debiting foreign debtors GL and crediting Revenue Account) in foreign currency and at the same time specify a fixed rate?
> Would the same be possible that when the payment is received, that the posting will be in the same foreign currency and enter the same fixed rate.
> Does the foreign debtor GL account has to be in local currency or be managed in foreign currency e.g USD only. Will these GLs also be included in the foreign currency valuation?
>
> Will this interfere with other kinds of posting, especially in the AP and GL that foreign currency is posted to and the exchange rate used is the one maintained on a daily basis in the currency.
> Thanks in Advance
> Teofilia
>
>
>
>
> The information contained in this e-mail is confidential and may be subject to legal privilege. If you are not the intended recipient, you must not use, copy, distribute or disclose the e-mail or any part of its contents or take any action in reliance on it. If you have received this e-mail in error, please e-mail the sender by replying to this message. Any views expressed in this message are those of the individual sender, except where the sender expressly, and with authority, states them to be the views of Telecom Namibia Limited.
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