Re: [sap-acct] Foreign Currency Valuation
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 | Posted by Paul Bastone (Senior FI consultant) on Apr 16 at 1:27 AM |  Mark as helpful |
Hi VidhyaDhar,
The last time I used this setting was many years ago and I have forgotten all the details. To be sure, I would have to set it up and test it in a sandbox system. Sorry not to be more helpful.
Regards, Paul
From: VidhyaDhar via sap-acct <sap-acct@Groups.ITtoolbox.com>
To: Paul Bastone <paulbastone@yahoo.com>
Sent: Thu, 15 April, 2010 18:47:36
Subject: Re: [sap-acct] Foreign Currency Valuation
Posted by VidhyaDhar (User-friendly SAP FI Consultant)
on Apr 15 at 12:52 PM Mark as helpful
Hi Paul
But does this configuration and an update in the line item ( viz. valuation
difference ) directly linked to the balance sheet adjustment account or is
it just a piece of additional information? I think it cannot update the
vendor reconciliation account , however..... Please correct me if I am
wrong.....
Regards
VidhyaDhar
On Thu, Apr 15, 2010 at 9:42 PM, Paul Bastone via sap-acct <
sap-acct@groups.ittoolbox.com> wrote:
> Posted by Paul Bastone(Senior FI consultant)
> on Apr 15 at 12:26 PM
> Hi. Shoot me down in flames if you like Ron but I had a memory that you
> could put the currency revaluation amount in the document. That possibility
> still exists with the Balance sheet preparation valuation parameter on the
> postings tab of the revaluation program SAPF100. The help behind this option
> mentions: If this parameter is selected, the valuation difference is noted
> in the item (BSEG). This is a precondition for subsequent debit/credit of
> the balance sheet and P&L account. No depreciation/valuation area can be
> used here. Could this be used as the basis for a work around? Regards, Paul
>
>
> From: ron.roberts via sap-acct <sap-acct@Groups.ITtoolbox.com>
> To: Paul Bastone <paulbastone@yahoo.com>
> Sent: Thu, 15 April, 2010 15:47:01
> Subject: Re: [sap-acct] Foreign Currency Valuation
>
> Posted by ron.roberts (Managing Consultant)
> on Apr 15 at 10:02 AM Mark as helpful
>
> You are correct, it is not possible to post currency valuation adjustments
> to specific vendors. The valuation is done via examining open items from a
> G/L standpoint. That means the program is not looking at the G/L recon
> account from an A/P vendor perspective, but from a G/L perspective. As a
> result, the revaluation program does not have vendor numbers, therefore
> prohibiting a valuation posting to the individual vendor accounts.
>
> If your client is looking for a report that shows revalued vendor amounts,
> you can crete a report using the "valuated amount" fields on open item line
>
> items. Check this out to see if it provides any value.
>
>
>
> On Thu, Apr 15, 2010 at 7:40 AM, ramkumar_bala via sap-acct <
> sap-acct@groups.ittoolbox.com> wrote:
>
> > Posted by ramkumar_bala(SAP FI-CO)
> > on Apr 15 at 7:52 AM
> > Dear Colleagues,
> >
> > Our clients have purchases by way of imports which involves payment in
> > Foreign currency. (USD, Euro etc). When we do the forex valuation on the
> > closing date i.e., 31st March 2010 the posting goes to either gain/loss
> > depending on the valuation and the offsetting Dr/Cr goes to balance sheet
>
> > adjustment account. This is as per our configuration. However, our
> clients
> > wants the postings to be made in the Vendor account. As I see it this
> does
> > not appear to be a possibility.
> >
> > Can any of you provide me a solution/work around for this.
> >
> > --
> > Thanks & Regards,
> > Ramkumar B
> > Cell No:9845773994 (On roaming)
> > Cell No:9229152229 (Bhilai Local)
__.____._ The last time I used this setting was many years ago and I have forgotten all the details. To be sure, I would have to set it up and test it in a sandbox system. Sorry not to be more helpful.
Regards, Paul
From: VidhyaDhar via sap-acct <sap-acct@Groups.ITtoolbox.com>
To: Paul Bastone <paulbastone@yahoo.com>
Sent: Thu, 15 April, 2010 18:47:36
Subject: Re: [sap-acct] Foreign Currency Valuation
Posted by VidhyaDhar (User-friendly SAP FI Consultant)
on Apr 15 at 12:52 PM Mark as helpful
Hi Paul
But does this configuration and an update in the line item ( viz. valuation
difference ) directly linked to the balance sheet adjustment account or is
it just a piece of additional information? I think it cannot update the
vendor reconciliation account , however..... Please correct me if I am
wrong.....
Regards
VidhyaDhar
On Thu, Apr 15, 2010 at 9:42 PM, Paul Bastone via sap-acct <
sap-acct@groups.ittoolbox.com> wrote:
> Posted by Paul Bastone(Senior FI consultant)
> on Apr 15 at 12:26 PM
> Hi. Shoot me down in flames if you like Ron but I had a memory that you
> could put the currency revaluation amount in the document. That possibility
> still exists with the Balance sheet preparation valuation parameter on the
> postings tab of the revaluation program SAPF100. The help behind this option
> mentions: If this parameter is selected, the valuation difference is noted
> in the item (BSEG). This is a precondition for subsequent debit/credit of
> the balance sheet and P&L account. No depreciation/valuation area can be
> used here. Could this be used as the basis for a work around? Regards, Paul
>
>
> From: ron.roberts via sap-acct <sap-acct@Groups.ITtoolbox.com>
> To: Paul Bastone <paulbastone@yahoo.com>
> Sent: Thu, 15 April, 2010 15:47:01
> Subject: Re: [sap-acct] Foreign Currency Valuation
>
> Posted by ron.roberts (Managing Consultant)
> on Apr 15 at 10:02 AM Mark as helpful
>
> You are correct, it is not possible to post currency valuation adjustments
> to specific vendors. The valuation is done via examining open items from a
> G/L standpoint. That means the program is not looking at the G/L recon
> account from an A/P vendor perspective, but from a G/L perspective. As a
> result, the revaluation program does not have vendor numbers, therefore
> prohibiting a valuation posting to the individual vendor accounts.
>
> If your client is looking for a report that shows revalued vendor amounts,
> you can crete a report using the "valuated amount" fields on open item line
>
> items. Check this out to see if it provides any value.
>
>
>
> On Thu, Apr 15, 2010 at 7:40 AM, ramkumar_bala via sap-acct <
> sap-acct@groups.ittoolbox.com> wrote:
>
> > Posted by ramkumar_bala(SAP FI-CO)
> > on Apr 15 at 7:52 AM
> > Dear Colleagues,
> >
> > Our clients have purchases by way of imports which involves payment in
> > Foreign currency. (USD, Euro etc). When we do the forex valuation on the
> > closing date i.e., 31st March 2010 the posting goes to either gain/loss
> > depending on the valuation and the offsetting Dr/Cr goes to balance sheet
>
> > adjustment account. This is as per our configuration. However, our
> clients
> > wants the postings to be made in the Vendor account. As I see it this
> does
> > not appear to be a possibility.
> >
> > Can any of you provide me a solution/work around for this.
> >
> > --
> > Thanks & Regards,
> > Ramkumar B
> > Cell No:9845773994 (On roaming)
> > Cell No:9229152229 (Bhilai Local)
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