SAP ABAP IMG Activity V_T110_ACT (Activate Country-Spec. Paymt Algorithm for Vendor Inv. in For. Currency)

Hierarchy

☛ SAP_FIN (Software Component) SAP_FIN
   ⤷ FI-LOC (Application Component) Localization
     ⤷ J3RF (Package) Localization Russia: FI

IMG Activity

ID	V_T110_ACT	Activate Country-Spec. Paymt Algorithm for Vendor Inv. in For. Currency
Transaction Code	S_EBS_44000506	(empty)
Created on	20110811
Customizing Attributes	V_T110_ACT	Activate Country-Spec. Paymt Algorithm for Vendor Inv. in For. Currency
Customizing Activity

Document

Document Class	SIMG	Hypertext: Object Class - Class to which a document belongs.
Document Name	V_T110_ACT

Use

With this Customizing activity, you activate the country-specific algorithm for calculating payment in local currency of vendor invoices that are in foreign currency.

The country-specific algorithm is as follows:

Payment amount in local currency = net amount from invoice in document currency * exchange rate on payment date + VAT amount in local currency (from invoice)

This payment algorithm is required by Israeli legislation, for example.

Requirements

Standard settings

In the standard system, the following algorithm is used:

Payment amount in local currency = full amount of invoice in document currency * exchange rate on payment date

Activities

Example

Business Attributes

ASAP Roadmap ID	204	Establish Functions and Processes
Mandatory / Optional	2	Optional activity
Critical / Non-Critical	2	Non-critical
Country-Dependency	I	Valid for countries specified

Customizing Attributes	Country Key	Country Name
V_T110_ACT	IL	Israel

Assigned Application Components

Documentation Object Class	Documentation Object Name	Current line number	Application Component	Application Component Name
SIMG	V_T110_ACT	0	HLA0009200	Financial Accounting

Maintenance Objects

Maintenance object type

History

Last changed by/on	SAP	20110811
SAP Release Created in