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
- Go to the Payment Management work center.
- Go to the Foreign Currency Remeasurement Runs view.
- Open the concerned run.
- 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