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GR/IR clearing - Foreign Exchange Loss

Hi Sap Gurus,

My Company code currency is u201CCADu201D and my Group Currency is u201CUSDu201D. I have maintained GR/IR clearing account as u201Conly balances in local currencyu201D

I have done GR in 2008 for 100 CAD. And I have reversed this GR in 2010.

When I am doing the automatic clearing of GR/IR: System is posting an entry of Revaluation loss (from KDF trans type) DR To GR/IR clearing a/c (for 0 CAD and in GL view it is 129 USD)

BSEG table has been updated only with zero but in FLAGLFLEXA I could see 129 USD updated in grup currency .

My question is u2013

1.) why the system is looking for KDF currency when I have maintained u201COnly balance in local currencyu201D for GR/IR clearing account u2013 is that because I have maintained this GR/IR clearing account in OBA1 i.e. for foreign exchange revaluation ?

2.) If it so, does the OBA1 setting overrides the u201COnly balance in currencyu201D in GL master ?

3.) As this is just a clearing transaction, Is it acceptable to book a FX loss on this transaction ? and that to it is just a reversal of an erroneous entry.

Former Member
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