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Reply from matsusoh on Aug 17 at 11:19 AM Bank statement exchange rate refers to how much equivalent local currency
you buy from bank in order to pay the required foreign amount. The
difference of paid local currrency determined by SAP rate of the payment
date might differ from those given in the bank statement exchange rate.
Bank account clearing forex could be grouped to treasury realized
gain/loss whereas AP item clearance forex falls under transaction realized
gain/loss. If both posted forex gain/loss refer to one same account, then
the offsetting effect will result in the net gain/loss (actual forex
gain/loss) for the payment of that particular invoiced item.
| | | ---------------Original Message---------------
From: Kristine Alsandor
Sent: Thursday, August 09, 2012 8:33 PM
Subject: Post Payment Clearing Through Bank Statement As the Exchange Rate Information Is Received in Bank Statement Itself
I am making the following assumptions:
The obligation and the payment occurred in the same period.
The payment is posted to a bank clearing account, not the main account for F/S purposes.
The bank statement is used to clear items cashed as per the statement.
Bottom Line you can manually clear open item from GL accounts using Trx code f-03. Be sure to enter the document currency and not the local currency. The system will automatically calculate the exchange rate difference and post to the appropriate account as realized, if the system is configured correctly.
If payment is in a different period than the open item, the exchange rate difference would move from unearned FX and your offset would be realized gain/loss. |
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