3127556 - How to Reset Foreign Currency Valuation

You have run a Foreign Currency Valuation but made an error and need to undo all of the postings. 

S/4HANA Cloud Finance

How to

Classical Valuation:

Valuation of Foreign Currency Balance Sheet Accounts

You can reset the valuations. By doing so, you recreate the status before the valuation run, that is, all valuations posted are set to zero by an inverse posting. To reset the valuations, enter the same selection criteria for the valuation run to be reset and set the Reset Valuations indicator. 

• Note

  However, the valuations are only reset when a valuation is performed for the same key date and with the same valuation area. If an item is not valuated for that key date, it is not possible to reset the valuation for the item.

• You can subsequently reverse the valuation of the balances. For this, set the Reverse Postings indicator.

Valuation of Open Items in Foreign Currencies

• Resetting exchange rate difference postings

  You can reset the valuations. By doing so, you recreate the status before the valuation run, that is, all valuations posted are set to zero by an inverse posting. To reset the valuations, enter the same selection criteria for the valuation run to be reset and set the Reset Valuations indicator.

  Note

  However, the valuations are only reset when a valuation is performed for the same key date and with the same valuation area. If an item is not valuated for that key date, it is not possible to reset the valuation for the item.

• Reversing exchange rate difference postings

  The posted exchange rate differences are automatically reset on the specified reversal date or reversal period by an inverse posting after the valuation run.

If an error is made when running a foreign currency valuation and the valuation needs to be undone, please run the valuation again using the same parameters as before but with the 'Reset Valuation' flag set. This flag can be found under the 'Valuation Reset' tab in the 'Perform Foreign Currency Valuation' app (ID FAGL_FCV) or under the 'Postings' tab when using the 'Schedule General Ledger Jobs' app (ID F1927). This will reset the previously run foreign currency valuation and resulting postings. 



Advanced Valuation:

Question: Can completed foreign currency evaluations be reset?

Answer: No. reset and reverse are not supported in Advanced foreign currency valuation.
Advanced Foreign Currency Valuation uses the delta posting logic (only) for the amounts to be posted in a valuation run. Because of the delta posting logic, the valuation run can be executed at any date and even multiple times on the same day. If no delta is found, nothing will be posted. There are no reversal postings. 

 

See also  FAQ for Advanced Valuation in Financial Accounting

What is the main difference between the Classic Valuation Runs and the Advanced Valuation Runs?

• The configuration was remodeled.

• The selection screen of the jobs is smaller and easier to use.

• Advanced valuation jobs are using the delta posting logic only. You can no longer choose between reversal posting logic and delta posting logic.

 

Perform Foreign Currency Valuation

Schedule General Ledger Jobs

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