Exchange rate difference
We are facing regarding the exchange rates used in GR & IV.
For GRN Valuation the System is picking up the Exchange rate on the date
On Invoice Verification (MIRO) the rate on the posting date is picked
The difference between the Grn Rate & Invoice Verification Rate is
getting added to material value, which is not complying to accounting
standards requirements. Instead this difference should go the exchange
difference account? How can we configure that? (WE use MVA for Control price)
Also we have configured our system under "IMG ---> Material Management ---> Logistics Invoice Verification ---> Incoming Invoices ---> Configure how exchange rate differences are treated "as BLANK
under our company code (Exchange rate diffences between GR and IR) under both Act & Ert.
The accounting standard in my country can not include exchange rate diff to stock & ideally it should always go to KDM or PRD account irrespective of stock coverage.
I want to know is there any configuration that i have missed ? In case it can be configured pls let me know.
Also in case it can not be configured are there any exit or badi through which it can be achieved.
Waiting for reply.