Foreign currency valuation

[former_member221242]

HI ,

Scenario:- while carrying out fs10n for same g/l a/c of same company using different currency type of company code currency & other group currency  .

am not able to get exact transalation rate every time .whats solution to my issue .

[former_member188916]

Dear Kaushal,

You are comparing the Cumulative Balance.

Cumulative balance in USD will never be in direct balance of EUR balance multiplied by exchange rate. The entries get posted in the Foreign currency and Local currency is derived on the basis of the rate maintained in OB08 as an when the entries occur.

On the month end the F-05 is executed to post the foreign gain and loss in the respective GL.

Hope this helps,

BR,

Sapan

[former_member221242]

[former_member188916]

Dear Kaushal,

Please dont compare the balance.

Please compare the line items.

What is the nature of this account.Does the business post manually to this account.

How are exchange rates derived in your system.

Br,

Sapan

[former_member221242]