Hierarchy
BBPCRM (Software Component) BBPCRM⤷
CRM (Application Component) Customer Relationship Management⤷
CRM_APPLICATION (Package) All CRM Components Without Special Structure Packages⤷
FBAS (Package) Financial accounting 'Basis'
Basic Data
| Data Element | XSLTA |
| Short Description | Indicator: No ex.rate difference when clearing in local crcy |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | XFELD | |
| Data Type | CHAR | Character String |
| Length | 1 | |
| Decimal Places | 0 | |
| Output Length | 1 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 0 | |
| Medium | 0 | |
| Long | 40 | No forex rate diff. when clearing in LC |
| Heading | 0 |
Documentation
Definition
Indicates that when items in foreign currency are cleared in local currency, the local currency amount stored in the document is used as the amount to be cleared.
Use
It controls how exchange rate differences are posted when foreign currency items are cleared with local currency items. See the example for clarification.
Examples
In this example, the local currency is USD, and the foreign currency is DEM. There is an open debit item of 1000 DEM, which at the time of posting equaled 650 USD.
This item is now to be cleared with a credit item totaling 650 USD. The current exchange rate is 0.55 DEM per USD. The actual transaction in this example could be the clearing of an incoming payment, the credit item, against an outgoing invoice, the debit item.
If this indicator is set, the system will use the 650 USD of the debit item as the amount to be cleared. The credit item for 650 USD can be cleared against the debit item without having to post any exchange rate difference. The clearing document then appears as follows:
Payment currency Local currency
Cash receipt 650 650
Clearing of receivable 650 650
If the indicator is not set, the system has to determine the current equivalent of 1000 DEM in USD. In our example, the amount would be 550 USD, which would result in a difference of 100 USD during the clearing procedure. The user must then create a credit entry for 100 USD so that the clearing transaction balances out to zero. The system then adds an exchange rate difference posting for the same amount. The clearing document would appear as follows:
Payment currency Local currency
Cash receipt 650 650
Clearing of receivable 550 650
Revenue from overpayment 100 100
Exchange rate losses 0 100
The customer paid 650 USD although 550 USD would have been sufficient to cover the equivalent of 1000 DEM at the time of payment. On the one hand, there is gain from overpayment, while on the other, there is a loss due to the change in exchange rate.
History
| Last changed by/on | SAP | 19981111 |
| SAP Release Created in |
