F.05 and Gwul

[Former Member]

Please advise any end user documenation on f.05 and GWUL

Thank you

[former_member188826 · Accepted solution]

<b>F.05</b>

Open items and Foreign currency balance sheet accounts - G/L accounts that are managed in a foreign currency, are valuated.

You have the following options for the foreign currency valuation:

You can carry out the valuation in local currency or a parallel local currency (for example, group currency) using different valuation methods (for example, HGB or US GAAP). The result of the valuations can be stored per valuated document and posted to adjustment accounts and P&L accounts.

<b>GWUL</b> is for currency translation in the Special Purpose Ledger

The translation currency is completed in the following steps:

1. All accounts are translated using a reference exchange rate type (such as a key date type).

2. The amounts of the accounts that are combined in item groups are translated based on the translation method defined in Customizing.

3. The difference is calculated by determining the difference between the two amounts. The exchange rate differences are posted to the accounts entered in the translation method. You can also specify whether you want the rounding differences to be posted and displayed in corresponding accounts.