foreign exchange revaluation

[Former Member]

does SAP require a unique foreign exchange adjustment account for each Reconciliation account? or can several Recon accounts be valuated and the difference is posted to one adjustment account? thank you. i'm trying to avoid a proliferation of forex adjustment accounts.

[Former Member]

Hi,

Technically you can use single account for multiple reconciliation accounts. However, please see the impact on presentation of financial statements.

Regds,

Pranav

[Former Member]

You can post them all to one balance sheet adjustment account.

[Former Member]

thanks...your answer applies to both Reconcilation accounts and Open Item accounts? please confirm.

[Former Member]

Yes