Symptom
You created a new Foreign Currency Remeasurement Run for Cash that does not show any errors. Postings tab displays the message: 'No records found'.
Environment
SAP Business ByDesign.
Reproducing the Issue
- Go to Payables/Receivables Work Center.
- Go to Periodic Tasks > Foreign Currency Remeasurement Runs.
- Select Run ID DEF and click Log Result (DEF represents the ID of the Run).
- Go to Postings Tab.
System does not display any record.
Cause
In the Business Configuration Activity Foreign Currency Remeasurement Methods for Cash there are two activities:
- Assignment to Accounting Principle
Under this activity the Foreign Currency Remeasurement Method that has been selected is A004 Valuation HGB Cash. - Edit foreign currency remeasurement methods
Under this activity view the Available Foreign Currency Remeasurement Methods. Under General Settings 002 Lower Value is maintained as foreign currency remeasurement Principal.
This settlings prevents the Run from calculating a gain.
Resolution
A "gain is not posted" on a HGB (German Commercial Code) foreign currency remeasurement because the legal requirement in Germany is to recognize only realized exchange gains. As this only a remeasurement it is not recognised as a realised gain. However if postings are required please consider the following steps.
Make sure you've selected the Foreign Currency Remeasurement Method that works for your needs:
- Navigate to the Business Configuration work center.
- Find the Activity Foreign Currency Remeasurement Methods for Cash.
- Click Button Change immediately.
- Select Assignment to Accounting Principle.
- Select the Accounting Principle for the Set of Books used in the Foreign Currency Remeasurement Run.
- Navigate to tab Use for Cash.
- For Cash we suggest the current setting to be A004 Valuation HGB Cash.
Change the Foreign Currency Remeasurement Principle 002 Lower Value to 001 Always Translate ideally:
- Navigate to the Business Configuration work center.
- Find the Activity Foreign Currency Remeasurement Methods for Cash.
- Click Button Change immediately.
- Select Edit Foreign Currency Remeasurement Methods.
- Select method A004 and maintain 001 Always Translate for this method.
Once the changes in the configuration are completed a new remeasurement run needs to be scheduled.
See Also
Keywords
Foreign Currency Remeasurement Run, Postings, Payables, Receivables, Cash. , KBA , AP-PAY , Payment Processing , How To
SAP Knowledge Base Article - Public