Hierarchy
BBPCRM (Software Component) BBPCRM⤷
CRM-MD-BP (Application Component) Business Partners⤷
FB0C (Package) Financial Accounting customers
IMG Activity
| ID | SIMG_CFMENUORFBOBA1 | Prepare Automatic Postings for Foreign Currency Valuation |
| Transaction Code | S_ALR_87003237 | IMG Activity: SIMG_CFMENUORFBOBA1 |
| Created on | 19981222 | |
| Customizing Attributes | SIMG_CFMENUORFBOBA1 | Prepare Automatic Postings for Foreign Currency Valuation |
| Customizing Activity | SIMG_CFMENUORFBOBA10 | Prepare Automatic Posting for Foreign Currency Valuation |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | SIMG_CFMENUORFBOBA1 |
In this activity you define the numbers of the accounts to which you want the system to automatically post exchange rate differences when valuating open items and foreign currency balances.
You can also define the accounts for realized exchange rate differences during open item clearing. For more information on this, see the Define Accounts for Exchange Rate Differences activity.
You can use the currency type to control account determination during open item valuation and exchange rate difference posting. You could, for example, post gains in local currency and gains in group currency to separate accounts.
When valuating open items the system posts to a balance sheet adjustment account and to an account for exchange rate differences that occur during the valuation. Exchange rate differences could be either a gain or a loss. You store the account numbers accordingly.
The valuation of foreign currency balances requires a special key that is assigned the gain and loss accounts for posting any exchange rate differences that occur during valuation. You can freely define this key. You then enter it in the master records of the accounts that you want to valuate. To post the differences that are determined from a group of G/L accounts to the same gain or loss accounts, enter the same key for all these G/L accounts.
Note
You can differentiate the accounts by currency. Exchange gains and losses are then posted to the accounts designated for the currency involved. You must not change your accounts for the valuation posting after the first valuation run has taken place. Otherwise the postings can no longer be reversed.
If you do not want to differentiate the accounts by currency, do not make any entry in the Currency field (this is the default value), and also do not enter an exchange rate difference key in the company code area of the G/L accounts.
Standard settings
Posting keys are already defined in the standard system for posting the results from valuating open items and balances.
Activities
- Determine the accounts for posting exchange rate differences and enter their account numbers. Check that the defined posting keys are the ones you require by choosing Goto -> Posting keys.
- Make sure that the accounts for exchange rate differences are created.
- Make sure that the required exchange rate difference key is entered in the accounts you want to valuate.
Additional information
For more information on foreign currency valuation, see the "FI General Topics" and "FI Closing and Reporting" documentation.
Business Attributes
| ASAP Roadmap ID | 204 | Establish Functions and Processes |
| Mandatory / Optional | 1 | Mandatory activity |
| Critical / Non-Critical | 1 | 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 | SIMG_CFMENUORFBOBA1 | 0 | HLA0001205 | Closing Operations |
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 |
| F30B | L - Logical transport object | OBA1 | OBA10 | Prepare Automatic Posting for Foreign Currency Valuation | ||
| F30S | L - Logical transport object | OBA1 | OBA10 | Prepare Automatic Posting for Foreign Currency Valuation | ||
| V_T030H | V - View | OBA1 | 05 | Prepare Automatic Posting for Foreign Currency Valuation |
History
| Last changed by/on | SAP | 19981222 |
| SAP Release Created in |
