3/29/2017 ForeignCurrencyTranslationERPFinancialsSCNWiki

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ERPFinancials / / ForeignCurrencyValuation

ForeignCurrencyTranslation
CreatedbyCoraPhelan,lastmodifiedonJan29,2014

Purpose
ThiswikiprovidesanoutlineofconfiguationandpostingforFASB52logic.Itoutlinesthehelp.sap.comdocumentationinrelationtoexample.Pleasebeclearthisisonlyanexample,customizingcanvary
basedonyourownlegalrequirements.

Overview
Fromhelp.sap.comdocumentationthefollowingisstatedonforeigncurrencytranslation
CurrencyTranslation
Use
Youcantranslateyouraccountbalancesfromlocalcurrencyintogroupcurrency.ThetranslationisperformedinaccordancewithFASB52(USGAAP)orIAS.

However,youcanalsoperformthecurrencytranslationforothercurrencytypes.
Integration
InGeneralLedgerAccounting,youcanonlyperformacurrencytranslationaspartoftheforeigncurrencyvaluation.
Prerequisites
YouhaveperformedaforeigncurrencyvaluationandhavemadeallthesettingsforitinCustomizing(seeForeignCurrencyValuation).
YouhavedefinedaccountdeterminationforthetranslationinCustomizingforFinancialAccounting(New).

Todothis,intheImplementationGuideforFinancialAccounting(New),chooseGeneralLedgerAccounting(New)>PeriodicProcessing>Valuate

>ForeignCurrencyValuation>DefineAccountDeterminationforCurrencyTranslation.
Onthebasisofthefinancialstatementversion,youcandefinedifferentexchangeratetypesforeachfinancialstatementitemandtherebydifferentexchangeratesforthevaluation.
Features
Theaccountbalancesaretranslatedfromlocalcurrencyintogroupcurrency.
Activities
Toperformacurrencytranslation,fromtheSAPEasyAccessscreen,chooseAccounting>FinancialAccounting>Generalledger/AccountsReceivable/AccountsPayable>

PeriodicProcessing>Closing>Valuate>CurrencyTranslationofBalances.
Inthegeneralselectiondata,enteravaluationarea(fortranslationintogroupcurrency,forexample,enterthevaluationareawithyourgroupcurrency).

Example:
*Attention:ThisisjustanexampleforFASB52representedinSAP.Thefunctional/reportingcurrenciesareFASB52terms.

.......................................................................................................................................................

DCLC(10)LC2(30)

[GBP][USD][EUR]

OP5080100

.......................................................................................................................................................

FAGL_FC_VALUATION

(Val.Areaforcurr.type10)(*90)Newamountaftervaluation

Val.Difference

Posting0+10remeasurementinEUR>+13

.......................................................................................................................................................

BALANCE:90113

.......................................................................................................................................................

FAGL_FC_TRANSLATION

(Val.Areaforcurrencytype30)90TranslationintoEUR>(117)

Val.differenceposting00+4

.......................................................................................................................................................

Sum:90117

FunctionalcurrencyReportingcurrency

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Thefunctionalcurrencydoesnothavetobealwaysthelocalcurrency(currencytype10inSAP).

GeneralCustomizing:

Companycode/Localcurrency=USD

ImplementationGuide:Financialaccounting(New)>Financialaccountingglobalsettings(New)>globalParametersforcompanycodeTransactioncodeOBY6

AdditionalLocalCurrencies

ImplementationGuide:FinancialAccounting(New)>FinancialAccountingGlobalSettings(New)>Ledgers>Ledger>DefineCurrenciesofLeadingledger(TransactioncodeOB22)

OB22:Thecurrencytype30isdefinedassourcecurrency=2(Translationtakingfirstlocalcurrencyasbasis),

otherwisethecurrencytype30isnotpostedinthefirststepwiththeFAGL_FC_VALUATION(Remeasurement)

Exchangerateattimeofpostinginvoice
ImplementationGuide:SAPNetWeaver>Generalsettings>Currencies
(checkallsettings)>EnterExchangerates(TransactioncodeOB08)

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CreatecustomerinvoiceviaFB70DisplaypostedinvoiceviaFB03

CustomizingforForeigncurrencyvaluation

ImplementationGuide:FinanicalAccounting(New)>GeneralLedgerAccounting(New)>PeriodicProcessing>Valuate

DefinevaluationAreas

PrepareAutomaticPostingsforForeignCurrencyValuation

SelectTransactionKDF,enterChartofAccounts

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ExchangerateattimeofcarryingoutforeigncurrencyvaluationOB08

Toperformaforeigncurrencyvaluation,fromtheSAPEasyAccessScreen,chooseAccounting>FinancialAccounting>
Generalledger/AccountsReceivable/AccountsPayalbe>Periodicprocessing>Closing>Valuate>ForeignCurrencyValuation(New)
TransactionFAGL_FC_VAL(ProgramFAGL_FC_VALUATION)

Valuationusingvaluationareawhichisassignedtocurrencytype10

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Execute

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ClickonPostingsbutton

Tocreatevaluationdocumentscreatepostingsmustbetickedon,ifyouexecutewithoutcreatepostingsticked,thismeansthatprogramisrunintestmode.

Ifthereareerrorswhenposting,abatchinputsessioniscreated(transactionSM35)DocumentscreatedviewviaFB03

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UpdaterunissavedintableFAGL_BSBW_HISTRY

Thevaluationdifferenceof10postedincurrencytype10i.e.thedifferencebetween50GBP*1.6=80USD(exchangerateattimeofpostinginvoice)and(50GBP*1.8exchangerateattimeofvaluation
fromcurrencyGBPtoUSD)=90USD

Thevaluationdifferenceof13postedincurrencytype30i.e.(thevaluationdifferenceistranslatedintothegroupcurrency10USD*1.3)

CustomizingforForeginCurrencyTranslation

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Definevaluationarea
Valuationareaforcurrencytype30

DefineAccountDeterminationforCurrencyTranslation

InFinancialstatementitem1013200infin.statementversionCAUSthefollowingtwoaccountsarepresent:
140000(Rec.Accountforcustomers)
140099(AdjustmentaccountforRec.Account140000,postedbyFAGL_FC_VALUATION)
Accounts140000and140099shouldbedefinedtogetherinthesamefinancialstatementitem(ob58)sothatFAGL_FC_TRANSLATIONpoststhevaluation

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forbothaccountstogetherinthesameaccount(definedinV_FAGL_T030TR,canbethesameaccount140099).

Foreigncurrencytranslation
Toperformaforeigncurrencytranslation,fromtheSAPEasyAccessScreen,chooseAccounting>FinancialAccounting>
Generalledger/AccountsReceivable/AccountsPayalbe>Periodicprocessing>Closing>Valuate>FAGL_FC_TRANS(ProgramFAGL_FC_TRANSLATION)

Execute

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ClickonpostingsButton

GeneratepostingsmustbeselectedoninitialscreenofFAGL_FC_TRANSforpostingstobecreatedPostingscreatedviewviaFB03

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UpdaterunissavedintableFAGL_BSBW_HST_BL

Nolabels

1Comment

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SeemaSaboo
Hello,

Thanksforsharingsuchaknowledgeabledocument

IdonotseecustomizationofforeigncurrencytranslationaccountalongwithFSVasshowninyourdocumentaboveinECC6

InsteadIseetranslationaccountsinOBA1TCodewherewedefineotheraccountsforrealizedandunrealizedexchangegainsandlossesAreyoureferringtothesamecustomization?

Regards,

Seema

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