Hierarchy
SAP_FIN (Software Component) SAP_FIN⤷
FI-GL-CU-MCA (Application Component) Multi Currency Accounting⤷
FAGL_MCA_GENERAL (Package) FI: MCA General Objects
IMG Activity
| ID | FAGL_MCA_VMAR | Maintain Target Accounts for Monetary Asset Revaluation |
| Transaction Code | S_EBS_44000234 | (empty) |
| Created on | 20101116 | |
| Customizing Attributes | FAGL_MCA_VMAR | Maintain Target Accounts for Monetary Asset Revaluation |
| Customizing Activity | FAGL_MCA_VMAR | Maintain Target Accounts for Monetary Asset Revaluation |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | FAGL_MCA_VMAR |
Use
In this Customizing activity, you maintain target accounts for Monetary Asset Revaluation (MAR) to find the gain and loss accounts to which the result of the valuation should be posted.
Balance sheet accounts might contain items in foreign currency, which are not reflected on FX position accounts. Monetary Asset Revaluation allows you to measure and valuate those items to determine the potential economic exchange rate risk in the respective currency.
In an MCA environment, Monetary Asset Revaluation can be used to realize a general foreign currency valuation. This process should be performed for all G/L accounts that are FX position or equivalent accounts and therefore not considered in the FX Valuation process.
The MAR function valuates the foreign currency items on the source accounts. The system calculates the valuation gains and losses by taking the account balances in the transaction currency and reading the equivalent value in the functional currency of these balances for each currency. To obtain the gain or loss, it then compares those values with the equivalent value it has just calculated by using the exchange rate valid on the reference date.
Afterwards, the calculated gains and losses are posted from the source account to separate P&L accounts for gains and losses from MAR with a transaction amount of zero in the foreign currency and the valuation result in functional currency.
Requirements
You have defined a chart of accounts using Customizing activity Edit Chart of Accounts List [transaction OB13].
You have edited and defined your accounts in the transaction G/L Account Centrally [transaction FS00].
You have defined one or more process type / types in the Customizing activity Define Process Types for the Process Category Monetary Asset Revaluation.
Standard settings
Activities
- Use the input help to select a chart of accounts.
- Use the input help to select a Monetary Asset Revaluation Type and specify the following accounts:
- Gain Accounts (you post the profits of FX valuation to this account)
- Loss Accounts (you post the losses of FX valuation to this account)
If necessary, you can specify a different account for each currency. Otherwise, use * (wildcard) as the currency key.
Example
Example of SAP System Delivery
You can use the example SAP system delivery as a guide for your configuration settings in the Customizing activity.
Business Attributes
| ASAP Roadmap ID | 204 | Establish Functions and Processes |
| Mandatory / Optional | 2 | Optional activity |
| Critical / Non-Critical | 2 | Non-critical |
| Country-Dependency | A | Valid for all countries |
Assigned Application Components
| Documentation Object Class | Documentation Object Name | Current line number | Application Component | Application Component Name |
|---|---|---|---|---|
| SIMG | FAGL_MCA_VMAR | 0 | XCG0000001 | Multi Currency Accounting |
Maintenance Objects
| Maintenance object type | C | Customizing Object |
| Assigned objects | ||||||
|---|---|---|---|---|---|---|
| Customizing Object | Object Type | Transaction Code | Sub-object | Do not Summarize | Skip Subset Dialog Box | Description for multiple selections |
| GLE_MCA_VMAR | V - View | SM30 |
History
| Last changed by/on | SAP | 20101206 |
| SAP Release Created in | 606 |
