All open
items in foreign currency are valuated as part of the foreign currency
valuation:
·
The individual open items of an
account in foreign currency form the basis of the valuation, that is, every
open item of an account in foreign currency is valuated individually.
Example of open items are
customers, Vendors, GL accounts managed on open item basis (SKB1-XOPVW
= X)
·
The total difference from
all the open items in an account is posted to a financial statement adjustment
account. The account therefore retains its original balance.
·
The exchange rate profit or loss
from the valuation is posted to a separate expense or revenue account for
exchange rate differences as an offsetting posting.
·
A valuation cannot be made by
posting to the payables/receivalbes account, since reconcilation accounts
cannot be directly posted to.
For
this reason the amount is posted to an adjustment account, which appears in the
same line of the balance sheet as the reconcilation account .
Example:
Local
currency of company EUR -
1) Implementation Guide:
Financial accounting (New) -> Financial accounting global settings (New)
-> global Parameters for company code - Transaction code OBY6 2) Exchange rate 1 USD = 1,7 EUR
Implementation Guide: SAP NetWeaver -> General settings -> Currencies
(check all settings)
-> Enter Exchange rates (Transaction code OB08)
3) Create invoice
SAP Easy Access -> Accounting -> Financial accounting -> Accounts payable -> Document entry -> FB60 Invoice
SAP Easy Access -> Accounting -> Financial accounting -> Accounts payable -> Document entry -> FB60 Invoice
Post
Display via FB03 4) Change in exchange rate occurs 1 USD now equals 1,63 EUR in OB08
5) SAP Easy Access Screen choose -> Accounting -> Financial Accounting -> Accounts Payable -> Accounting -> FBL1N - Display/Change Line items
6) Prior
to performing a foreign currency valuation review of customizing:
Implementation
Guide:Finanical Accounting (New) -> General Ledger Accounting
(New) -> Periodic Processing -> Valuate --> Define valuation Method.
Here Under Valuation Procedure Tab
radio button should ON for always evaluate, give document type as "SA",
Exchange rate for Debit and Credit should "M", and select radio button
for Determine Exch. rate type for account bal.
7) Define Valuation Area,Patha ==> Finanical Accounting (New) -> General Ledger Accounting
(New) -> Periodic Processing -> Valuate --> Define valuation Areas8) Define Accounting Principles
Finanical Accounting (New) -> General Ledger Accounting (New) -> Periodic Processing -> Valuate --> Define valuation Areas
9) Check
Assignment of Accounting princples to ledger Group
Fianancial
Accounting(New) --> Financial Accounting Global Setting (New) -->
Ledger --> Parallel Accounting --> Assign Accounting Principles
to ledger Group
*required
if you have more than one ledger
Perpare Automatic Postings for Foreign Currency Valuation
Select Transaction KDF,
enter Chart of Accounts in OB40 
Account Determination per Valuation Area
To perform
a foreign currency valuation, from the SAP Easy Access Screen, choose
Accounting -> Financial Accounting ->
General
ledger/Accounts Receivable/Accounts Payalbe -> Periodic processing ->
Closing -> Valuate -> Foreign Currency Valuation (New)
Transaction
FAGL_FC_VAL (Program FAGL_FC_VALUATION)
Excute-->
Click
on Postings button
To
create valuation documents create postings must be ticked on, if you execute
without create postings ticked, this means that program is run in test
If there are errors when posting, a batch input session is created
(transaction SM35)
Update run is saved in
table FAGL_BSBW_HISTRY 
This
avoids that a valuation run for the same valuation (key date) can be repeated.
Thanks
