2405833 - Error Upon GR/IR Clearing Run Execution: Account Determination Missing for Item Type Exchange Rate Differences from Purchasing

You have executed a GR/IR Clearing Run which finished with the error message Account determination missing for item type Exchange Rate Differences from Purchasing in the application log for one or more Set of Books.

SAP Business ByDesign

1. Go to Inventory Valuation work center.
2. Go to Periodic Tasks > GR/IR Clearing.
3. Select the respective Run ID and open its Log Result.
4. Go to Messages tab.
5. Notice the error message: Account determination missing for item type Exchange Rate Differences from Purchasing

While checking the purchasing document that was Processed with Errors for the concerned GR/IR Clearing Run, you noticed that the concerned purchase order is for a service rather than a product.

For the respective Account Determination Group of this service you did not maintain Exchange Rate Differences accounts (for Gain and Loss) in the fine tuning activity Charts of Accounts, Financial Reporting Structures, Account Determination > Costs subledger.

Therefore, system is not able to determine the accounts.

You should maintain the respective account determination, as follows:

1. Go to Business Configuration work center.
2. Go to Overview view.
3. Open fine tuning activity Charts of Accounts, Financial Reporting Structures, Account Determination.
4. Under Account Determination section, click Costs.
5. Select Exchange Rate Differences tab.
6. Enter a row for the respective Account Determination Group for Services and maintain the accounts for Gain from Exchange Rate Differences and Loss from Exchange Rate Differences.
7. Save your changes.

You should no longer face the error message when you execute a new GR/IR Clearing Run for the same data selection.

GR/IR Clearing; Exchange Rate Differences; service; product; costs , KBA , SRD-FIN-INV , Inventory , How To