I am on ECC 6 - EHP 5 and when I try to run foreign currency revaluation through program - FAGL_FC_VAL i get the follwoign message and i cannot execute the program
has anyone come across this and found a solution for this ? even when i re-run the program i get the same issue
Due to the generation, the program needs to be restarted
Message no. FR614
Changes in Customizing settings triggered a generation.
The generation was performed.
Run the program again.
you have to check your settings on your own..have you changed ny customization settings recently
check your settings:
define account principle
path: SPRO- Financial accounting(new)-Financial accounting global setting (new)-Ledgers-Parallel accounting-Define accounting principles
assigning account principal to ledger group
same path you will find
define valuation method:
Financial accounting (new)- General ledger accounting (new)-Periodic processing u2013 Valuate- Define valuation methods
define valuation area:
same path you will get it
prepare automatic posting for foreign currency revaluation:
for KDP transaction( exchange rate difference):
under expense account and gains --- make 2 p& l accounts one exchange gain and other as exchange loss.
these are the bank accounts,vendor customer recon acc all accouts which maintain foreign currency
adjustment account would be forex reval a/p and a/r 2 seperate account
maintain it as balance sheet and use account group as trade payables and trade recievables
DEFINE LEDGER GROUP:
Financial accounting (new)- Financial accounting Global settings (new) u2013 Ledger-Define ledger group
now assign exchange rate difference key defined above in G/L master
this is the integration point between g/l and revaluation.