how to clear local currency balance in foreign currency account

[Former Member]

hi,

i have a bank account in EUR but local currency is USD.

in the account balance, it has 0 in EUR but has balance in USD. i need to clear the amount in USD.

i tried f-02 to post EUR 0 and balance which in USD i enter in amount in local currency field but when simulate, the system converts the USD amount for EUR and EUR with an amount.

may i know how to clear local currency balance for a foreign currency bank account which has ZERO balance.

thanks

[Former Member]

Dear ,

can u give me the details

what is the invoice transaction (Entry

how u clear that transaction (entry)

what is the difference values.

Regards

radha

[Former Member]

hi

pass a jv with foreign currency.

[Rakhmatilla]

Hello, everyone!

Recently, I came across this problem and it took me a while to solve. So, if anyone else face this problem this could be some food for thought.

Like in the question I had balance in my local currency but there was 0 balance in foreign currency. When I was trying to run FAGL_FCV it was not proposing any correction postings to clear balance in local currency. 
What I did is that first reversed previous run of foreign currency valuation and then rerun it again. This time system proposed a correct amount to clear amount in local currency.

Regards