SAP Knowledge Base Article - Public

2532675 - Foreign Currency Remeasurement for Cash in Home Currency Account

Symptom

  • A Foreign Currency Remeasurement (FCR) Run for Cash was executed, and it was observed that a G/L Account linked to a non-foreign bank account was revalued using a certain amount in a foreign currency.

Environment

SAP Business ByDesign

Reproducing the Issue

  1. Go to the Payment Management work center.
  2. Go to the Foreign Currency Remeasurement Runs view.
  3. Open the concerned run.
  4. Navigate to the Remeasured Balances tab.

It can be noticed that one G/L Account balance has been remeasured, nevertheless such account would refer to a home currency account.

Cause

In this case, a payment in foreign currency have been created, which is still in the status Ready for Transfer or In Transfer. Therefore, the transaction needs to be remeasured.

Resolution

  • The payment will continue to be processed by the FCR run as long as it remains unconfirmed in a bank statement.
  • To resolve this, the payment must either be confirmed or reversed if remeasurement is not required.
  • To review the foreign postings to the G/L Account, use the G/L Account - Line items report for the relevant G/L Account and accounting periods, up to and including the period selected in the FCR run.
  • Ensure to include the "Balance in Transaction Currency" key figure in the report to check the foreign-currency postings.

Keywords

Foreign Currency Remeasurement Run For Cash, G/L Account, Non-foreign bank account. , KBA , SRD-FIN-MOP , Payment Management , How To

Product

SAP Business ByDesign all versions