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Exchange Rate Differences in SAPMarch 22, 2013

When clearing open items in a foreign currency,

exchange rate differences may occur dueto fluctuations in exchange rates. The system posts

these exchange rate differences automatically

as realized gains or losses. The realized difference is

stored in the cleared line item.

Exchange rate differences are also posted whenopen items are valuated for the financial

statements. These exchange rate differences from

valuation are posted to another exchange rate

difference account and to a financial statement

adjustment account. When clearing an open item that

has already been valuated, the system reverses thebalance sheet correction account and posts

the remaining exchange rate difference to the

account for realized exchange rate differences.

 All reconciliation accounts and all G/L accounts with

open item transactions in foreign currency must be

assigned revenue/expense accounts for realized

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losses and gains. One gain/loss account can be

assigned:

⇒ To all currencies and currency types

⇒ Per currencies and currency type

⇒  Per currency

⇒ Per currency type

Procedure to Maintain Exchange rate in SAP

1 .Check Exchange Rate Types

  OB07

2 .Define Translation Ratios for Currency Translation

  OBBS

3 .Enter Exchange Rates  OB08

4 .Specify Default Exchange Rate Type in Document

Type OBA7

5. maintain Exchange rate difference for Account in

OB09

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If you manage parallel currencies, generally all

balance sheet accounts are to be valuated, not only

accounts that are managed in foreign currency or 

that have open items in foreign currency. Variants for 

the valuationprograms SAPF100 and RFSBEW00 are therefore

to be adapted with regards to the selection criteria

for the accounts to be processed.

In a valuation run, different currency types can be

processed in parallel. Since the valuation methods

for the currency types can be different, the

parameters for the valuation programs have been

extended. You can specify a valuation method

for Local currency, group currency, hard

currency, index-based currency and global

company currency respectively. A valuation is

carried out exactly for those currency types for which

a valuation method is predefined.

If you want to post the valuation for certain balance

sheet accounts manually because the valuation was

determined outside of the SAP system (for example,

for foreign securities), you can do that in the General

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Ledger menu via Document entry -> Valuate forgn

curr.. You can enter the amounts in local currency or 

in the currencies managed in parallel on the entry

screens for the document entry. All amount fields not

entered receive a zero value. An automatictranslation of amounts does not occur.