Reverse posting at FAGL_FC_VAL

[bunchofquestions]

Hello Experts,

I have a question on FAGL_FC_VAL transaction.

When we look at the first screen on 'FAGL_FC_VAL' transaction, we can see 'Reverse postings' checkbox in the box of 'For G/L Account Balance Valuation' at the end of the screen, the name of that field is 'RFPDO3-ALLGSTOR'.

Please let me know when I have to select 'Reverse postings' checkbox and I should not select that checkbox.

Thank you for your help in advance.

BR,

Chris Kim

[coleti · Accepted solution]

Dear Chris,

You set this if you want to have the postings created reversed on the reversal date that you define in the initial screens.

Usually the process of Foreign Currency Valuation is to post the unrealized profit or loss the period and reverse in the next period.

This is not an option for Open Items (Subledger and G/L Accounts), the reversal is always done in the next period if you don´t have Delta Logic applied but for G/L Account Balances you can choose to reverse or not.

I hope this can help you.

Best regards,

Gabriel Coleti

[bunchofquestions · Accepted solution]

Hello Gabriel,

Thank you for your detail explanation.

I got your point, but have one thing to ask you.

We do not choose Delta logic.

As we see, there are 2 fields for reversal, such as reversal posting date and reversal posting period, at the middle of the first screen.

I think the documents which are created in this FC valuation will be reversed automatically even though I do not mark 'Reverse postings' checkbox.

So, I think the result is same whether I mark 'Reverse postings' checkbox or not in case I have entered a certain date for reversal posting date field and reversal posting period field.

Could you explain on my above question?

Thank you again.

BR,

Chris Kim

[coleti · Accepted solution]

Dear Chris,

At FAGL_FC_VAL you have three selections:

- Sub-ledger Open Items (BSIK and BSID tables)

- G/L Open Items (BSIS table) for accounts that manage open item and are not reconciliation account

- G/L Account balances (BSAS table) where The system only valuates the balances of G/L accounts that are not managed on an open item basis and that are not reconciliation accounts.

In the third processing option for G/L Account balance, you can choose if this processing will do the reversing or not.

For Sub-ledger and G/L Open Items will be reversed as you are not using the Delta Logic.

The checkbox that you are asking is just to control in the G/L Account Balance processing for accounts that do not managed open item basis and that are not reconciliation accounts.

Best regards,

Gabriel Coleti

[bunchofquestions · Accepted solution]

Hello Gabriel,

I appreciate your help.

Chris Kim