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Exchange Rate at the Time of Clearing

Former Member
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4,371

Dear Experts,

We are facing problem with Exchange Rate at the Time of Clearing.

While partially clearing vendor Open invoices System is Calculating Clearing Document (AB) on current Exchange Rate Maintained in (OB08).

We need clearing document Exchange Rate of that maintained at the time of Invoice not at the time of clearing. Clearing is being done in foreign currency.

Regards,

Asim Raza

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Dear All,

We have catered it at our own. It’s done via using a system enhancement with help of ABAPER. Its not logically right by any mean but still it fulfill our client requirements.

Thanks

Regards,

Asim Raza

Answers (7)

Answers (7)

former_member188063
Active Contributor
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Hi Asim, you can enter the exchange rate manually at the time of clearing. If you're using FB05 transaction for clearing you'll have the option either to enter the exchange rate or translation date ( in you're case the invoice date) whilst clearing.

Regards,

Sudhakar*

Muralinag14
Active Contributor
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You can enter invoice posting date in translation date filed to avoid forex differences.

But this is not correct amounts have to be converted on paymnet date exchange rate and not invoice date exchange rate.

Former Member
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Hi Asim,

You absolutely can enter manually exchange rate which is same as ex rate at invoice time when make payment. (The field is next to Currency field)

About the standard system, if you don't fill exchange rate, the system will pick up the rate at the payment time, not at invoice time.

Julie

Former Member
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Dear Julie,

Thanks for prompt response.

Yes we can enter manually exchange rate when make payment (The field is next to Currency field).But this not going to help our cause.

We want it Automatic, Kindly suggest any Configuration steps for our requirements (System pick up the rate that of invoice not of  payment while clearing.

Regards,

Asim Raza

former_member1270641
Participant
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Hi Asim,

What transaction code are you using?

You can use F-04 for wide variety for post with celaring functionalities and put exact translation date.

In normal clearing transaction, translation date would default from the clearing date.

Hope this helps.

Thanks,
S

Former Member
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standard procedure for clearing is to use posting date exchange rate

it is technical possible to affect posting date (clearing date) manual with transactions F-44 F-32

but date of clearing will be same day as an invoice date

however

there is a logical question why you need this funcionality

if there are difference between invoice and payment  it is excheange rate difference

an it is exact calculation no depending on date you choose to take ex rate

do you try to avoid exchange rate calculation and posting ?

cheers

Former Member
0 Kudos

Dear Maric,

We are clearing multiple vendor invoices with single vendor payment. This is also not full its partial clearance. For example if we clear an invoice four times on different date system gives us new exchange rate every time based on Current Date Exchange Rate.

Its standard functionally (if there are difference between invoice and payment it will be charged to exchange rate independent of the system date) but we want to keep it Constant at the time Clearing Activity at the Rate that was maintained on Invoice.

Might be it seems to be out of logical buckets but still I would like to have it in this way because it’s our client requirement. Is there any provision available in SAP for such requirements, kindly guide us in this regard.

Regards,

Asim Raza

Former Member

Hi asim

my question was intend to prove taht you have exchange rate differences on document

if you always use invoice exchange rate you will not have any differences in local currency

I know accountants they are afraid of that effect but it is immanent and correct

you can turn on to calculate and post differences on partial payment

SPRO ->Financial Accounting (New) ->Financial Accounting Global Settings (New) ->Global Parameters for Company Code->Currencies ->Indicate Currency Differences for Partial Payments

I think this would be a solution    of  your question

Former Member
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hi Asim,

Is it not correct to pick the exchange rate applicable at the time of clearing from OB08? You see the rate at the time of Invoice and at the time of clearing is compared and difference is calculated during clearing.

former_member205946
Participant
0 Kudos

dear asim,

can u please share your step to step slides for clearing to sugesst solution

Br

sajida