03-13-2014 1:44 PM
We are getting the error "FI/CO interface: Balance in transaction currency" when we post the MIRO transaction.
Below is the scenario:
We mentioned the unplanned delivery cost with tax code CST @ 0.5%.
The tax code for line items is CST @ 2%
Scenario 1:
Account | Tax Code | Debit | Credit |
Vendor Account | 655,330.34 | ||
GR/IR Account | CST 2% C FORM | 321,300.00 | |
GR/IR Account | CST 2% C FORM | 321,300.00 | |
Unplanned delivery cost | CST 0.5 AGAINST C FORM | 12,730.34 |
The amount is not rounded off, so we are not having any issues. MIRO is getting posted successfully.
Scenario 2:
Account | Tax Code | Debit | Credit |
Vendor Account | 655,330.00 | ||
GR/IR Account | CST 2% C FORM | 321,300.00 | |
GR/IR Account | CST 2% C FORM | 321,300.00 | |
Unplanned delivery cost | CST 0.5 AGAINST C FORM | 12,667.00 | |
Price difference account | 0.34 |
In the above scenario, we are getting the error as "FI/CO interface: Balance in transaction currency, there is a difference of 63.34".
The amount 63.34 is the tax amount.
Please suggest how to resolve it.
03-13-2014 1:47 PM
03-13-2014 1:50 PM
Can you explain what is actually different in those scenarios, I mean beside that you are showing different values in the table, there is no information why it is 2 scenarios and what you did to get it different
03-14-2014 6:24 AM
Thanks.
In the Scenario 1, we are not rounding the amount to be posted to the vendor.
But in Scenario 2, I am posting the vendor with rounded amount.
When I rounded the vendor amount, the decimal amount is getting posted to price difference account. This is correct.
But, we are getting the error as "FI/CO interface: Balance in transaction currency Message no. RW022"
The different showing under simulated screen is the CST calculated on Unplanned delivery cost
03-14-2014 9:47 AM
Have you set the "calculate tax" indicator?
if yes then you may want to check a bug fix 1651486 - MIRO: Balance RW022 for NVV tax and debit/credit postings
03-14-2014 1:20 PM
Thanks for the suggestion. But we already applied the note 1651486
03-14-2014 1:49 PM
03-14-2014 2:05 PM
Thanks Abhi, but I already checked this note. This is not relevant for my issue.
05-24-2016 1:43 PM
Hi,
check under LG---Tax on goods movement----India---Basic settings---Excise Registrations ---AT1 is check marked and relevant accounts maintained in the system