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Since your question seems to focus on the currency issues, here is some information: First, I have not worked at any company that uses the "extra" posting periods (13 through 16). I know there are some out there, and they may have good reasons for using them, but if you can...avoid that unnecessary complication. That said, post your adjustments right into period 12. Once you have done that,rerun your currency revaluation. Do this in two separate steps. First,revalue any affected G/L account that is NOT open item managed. You can run the currency revaluation on these G/L accounts as many times as you wish without causing any problems. Second, for open item managed G/L accounts, only revalue the specific DOCUMENT NUMBERS of the year-end adjusting entries. You can enter the document numbers as a selection criteria for your currency valuation processing. Ron
| | | ---------------Original Message--------------- From: Martita_Delgado Sent: Thursday, May 19, 2011 3:15 PM Subject: What is the best practice for posting audit adjustments when you have to consider multiple currencies? We have just finished posting all accounting transactions for 2010 months, and will now start to be audited. Since we are new to SAP and manage more than one currency in our accounting books, we would like to know what is the best practice as to when to post audit adjustments in SAP. Is the best practice to post audit adjustments in 2010 or 2011, considering we use standard SAP functionality for foreign currency valuation (transaction F.05). Thank you. | | __.____._ Copyright © 2011 Toolbox.com and message author. Toolbox.com 4343 N. Scottsdale Road Suite 280, Scottsdale, AZ 85251 | | Ron Roberts SAP Accounting Helper
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