Foreign Currency Valuation

[Former Member]

Hi All,

Please give me solution how to config and all

Acomplete cycle of Foreign Currency Valuation

1) Why do we use Foreign Currency Valuation

2) How many valuation methods available.

3) What is realised and unrealised., etc.

Thnaks

Rl

[Former Member · Accepted solution]

Foreign currency valuation is required for all open items posted in foreign currency. These open items at regular period intervals, say a month, needs to be revaluated to the exchange rates prevailing on that date. This in SAP is done thru FAG_FC_VAL

Thx for the issue

[Former Member · Accepted solution]

Hi

How many valuation methods are available.?

Thanks

RL

[Former Member]

Steps:

1. Define Transalation Ratios for Currency Transactions

Path: SAP Netweaver -General Setting -Currencies -Define Transalation Ratios for Currency Transalation

2. Enter Exchange Rates

Path:SAP Netweaver -General Setting -Currencies Enter Exchange Rates

3. Foreign Currency Valuation Method

Path: Financial Accounting (New)- General Ledger Accounting (New) - Periodic Processing - Valuate - Define Valuation Methods

4. Define Valuation Areas

Path: Financial Accounting (New)-General Ledger Accounting (New) - Periodic Processing - Valuate - Define Valuation Areas

5. Define Accounts for Exchange Rate Differences

Path: Financial Accounting (New)-- General Ledger Accounting (New) - Business Transactions - Open Item Clearing - Define Accounts for Exchange Rate Differences

After above configuration run the T.C F.05 for valuation of currency

Regards

Hari Peddi

[Former Member]

Hi,

What is that realised and unrealised.?

company code currency EUR , postingDocument currecy is INR

for this combination i posted the document . i execute FAGL_FC_VAL .But , when i check clearing document system showing 0 balance. there is amount

Thanks

RL

Edited by: RL L on Oct 7, 2008 2:53 PM