Foreign currency valuation

itemsshould be selected and processed for valuation.
Valuation area
Enter the valuation area. We’ll use the valuation area created in our configuration steps explained in the previous sections.
Foreign currency valuation
Configuration of the foreign currency valuation includes the following steps:
1.Define the valuation method.
SPRO • Financial Accounting (New) • General Ledger Accounting (New) • Periodic Processing • Valuate • Define Valuation Methods
Determine Exch. Rate Type from Acct Bal.
Select if you want the account balance in the relevant foreign currency to determine the exchange rate type.
Exch. Rate type from invoice reference
date, Posting date, Posting period, Reversal posting
date, and Reversal post. period as required. In the New
GL, you can no longer run the program without selecting the
一个评估范围实际上是一个评估方法和一个会计准则的组合
3.Assign the valuation areas and accounting principles.
一个area只能有一个principle
一个principle可以赋予多个area
4.Set the account determination to prepare for automatic postings for foreign currency valuation.
-Lossaccount :The expense account where the valuation loss will be posted.
-Gainaccount :The income aБайду номын сангаасcount where the valuation gain will be posted.
-Balance sheet adjustmentaccount :The balance sheet account where the valuation is posted.
Document Type
Enter the relevant document type that will be used to post the valuation documents. Note that the valuation postingsnever take place directly on customers’ or vendors’ reconciliation accountsbecause they go to theadjustment accountsexplained later in the configuration.
ExchRateType forCredit Bal
Enter the exchange rate type for credit balances that will be used to retrieve the exchange rate valid at the time of valuation. The standard exchange rate type is M, which is used for valuation if you don’t specify an exchange rate type.
reversal option. This option is possible only within the classic
GL by selecting the Balance Sheet Preparation Valuation
flag.
Open Items Tab
Enter details of the customers, vendors, and GL accounts for which open items posted in foreign currencies need to bevaluatedusing this program. You can include all of the open items—customers, vendors, and GL accounts—in one session or split the sessions: one for customers, one for vendors, and one for GL accounts.
Field
Description
Valuation Procedure
-Lowest Value Principle
-Strict lowest value
principle
-Always evaluate
-Revalue only
Select the best option that you want to use to valuate open items. In most cases, companies choose Always evaluate because this option results in open items selected for valuation in every run irrespective of a revaluation or devaluation.
Miscellaneous Tab
Specify and configure the list variants for open items.
Settings in this tab are optional, so if you don’t set anything
here, the system uses the default variant.
Select if you want the balance per invoice reference and currency to determine the exchange rate type.
2.Define the valuation areas.
一个area只能有一个method
一个method可以赋予多个area
Exchange Rate Determination
ExchRateType for Debit Bal
Enter the exchange rate type for debit balances that will be used to retrieve the exchange rate valid at the time of valuation. The standard exchange rate type is M, which is used for valuation if you don’t specify an exchange rate type.
Foreign currency valuation processing
Field
Description
General Data Selection Tab
Company Code
Enter your relevant company code.
Evaluation Key Date
Enter the key date that will help the program identify which
Postings Tab
Select the Create Posting flag as you are running this
programto generate postings. If you are running in test
mode, then you can leave itunflagged. Enter the Document
Post per Line Item
Select if you want to generate one posting for each open item that will bevaluatedusing this valuation method. We recommend that you do not select this option because it might lead to a large number of postings.