Other General Ledger Balance Sheet Accounts Managed in Foreign Currency, but not flagged as open item management accounts.(Each document is evaluated separately and the valuation posted with gain/loss) Customer open items, Vendor open items, and General Ledger Open Line items, Managed in foreign currency.Generally, currency valuations cover the following:. This transaction does not post balance in other currencies than the local one. If no batch run were selected then have to manually reverse the postings on the next day with the only transaction code FBB1. Now if you have taken the valuation run via batch input then you can open the period and continue with the batch run. first day of next month (depends on configuration), but sometimes next period is not open for the reversal postings, so SAP only creates one posting. One for actual valuation at the month-end and the other for reversal on the next day i.e. When a foreign currency valuation is done in SAP, all open items and balances in a foreign currency will be converted to local currency using the current exchange rate maintained in the system.Īfter taking FCV run SAP creates two postings. So let’s get started foreign currency valuation: What are the use of KDB and KDF account key?.How GLs are valuated based on Master data setup?.I will be explaining features and functions of FCV in SAP.īelow are the key points we will be looking at:

This blog post will not take you through the customizing of foreign currency valuation instead you will learn one or two things differently. I would highly appreciate feedback and recommendation in comment box. Hello Everyone!! This is my first blog post on SAP community.

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