Ansicht
Dokumentation

FAGL_MCA_VFXR - Maintain Target Accounts for FX Restatement

Vendor Master (General Section)   General Material Data  
This documentation is copyright by SAP AG.

In this Customizing activity, you maintain target accounts for FX Restatement [FXR].

Foreign currency positions in the balance sheet represent the potential economic risk due to the exchange rate of the respective currency. These positions have to be measured and valuated on the reference date using the current exchange rate. The calculated gain or loss is an economic value that has to be included in the financial statements.

After the valuation of foreign currency items on the position accounts, a company might want to restate the corresponding equivalents in non-functional local currencies. The restatement is defined as the valuation of the functional currency in any other non-functional local currency.

The system takes the account balances in the functional currency and uses the exchange rate that was valid on the reference date to calculate the equivalent value in the non-functional local currencies. It then compares this value with the non-functional currency equivalent on the account to calculate the restatement gain or loss. In the backpack and 4-pack posting schemes, the offsetting items are posted to interim accounts.

You have defined a chart of accounts using Customizing activity Edit Chart of Account List [transaction OB13].

You have edited and defined your accounts in the transaction Edit G/L Account Centrally [transaction FS00].

You have defined one or more process type / types in the Customizing activity Define Process Types for the Process Category FX Restatement.

Use the input help to select a chart of accounts.

Use the input help to select a Restatement Type and specify the Clearing Account.

ABAP Short Reference   General Data in Customer Master  
This documentation is copyright by SAP AG.

Length: 2366 Date: 20240523 Time: 190454     sap01-206 ( 43 ms )