FAGL_FC_VAL, Reversal posting and (non) Open Item indicator
Hi SAP Experts,
I have a doubt regarding FAGL_FC_VAL transaction and the "Open Item Management" indicator on Master Data
Here is the question:
On FAGL_FC_VAL selection parameters you can find the "Reverse Posting" indicator
This indicator only has impact for GL account with the open item management no active.(non-open item) on its master data:
- If you set the "Reverse posting" indicator the valuation document and reversal document is post.
- If you not set the "Reverse posting" indicator the valuation document is posted (the reversal document is not posted).
While the GL accounts with open item managenment active the valuation document and reversal document is posted even if the "reverse posting" indicator is not active.
Why is the reason behind this!?
No SAP Note, SAP help, manual or wiki explain the reason behind this behaviour
The only explanation is from SAP help is: "If you set this indicator, postings created are reversed on the reversal date."
That is not helpful at all
There is no place on Sap Help or IMG that explain the impact or relationship between the Open item indicator Master data (FS00) and the Reverse Posting on FAGL_FC_VAL transaction
Where you can find these hidden rules and the purpose or reason behind this?
Thanks in advance for your help
My company code is from MX, and we are valuating to Local Currency (MXN mexican pesos).
Since the revaluation postings are fictitious (not real) in nature, they need to be reversed by the system. This is true in case of subledger / OIM accounts' open items revaluation also. Hence system will automatically post the reversal entry as well automatically. However for non OIM accounts, an option has been provided to decide if the reversal should happen or not. Generally in most of the business processes, revaluation postings will need to be reversed at the beginning of next month.
Real revaluation gain / loss will be posted to relvant accounts configured in the system as realized gain / loss accounts at the time of actual payment / receipt to vendor / customer.