Symptom
You notice that the journal entry for a clearing document is posted to the currency exchange rate difference account and you wonder why.
Environment
SAP Business ByDesign
Reproducing the Issue
- Go to General Ledger work center.
- Go to Journal Entries view.
- Search journal entry ID for the clearing document: AAA (AAA represents the clearing document ID).
- You can see it is posted to the currency exchange rate difference account.
Cause
The transaction currency for the clearing document and the company currency differs. When processing a document chain where the company and transaction currencies differ and a deviation in the exchange rate between these currencies has been maintained, the system will automatically detect the change, calculate the amount and post it as either a gain or loss from exchange rate differences to the appropriate G/L Account.
Here is how to calculate the exchange difference amount in the clearing document - AAA:
You may check the clearing document uses the exchange rate as XXX(XXX represents the exchange rate), and the total amount is 123(123 represents the total amount). It is to clear the down payment and the invoice.
The down payment document uses the exchange rate as YYY(YYY represents the exchange rate). The invoice document uses the exchange rate as YYY as well.
So the currency exchange rate difference is calculated as: 123*(XXX-YYY). The amount is posted to the currency exchange rate difference account in the clearing document: AAA.
Resolution
System behavior.
See Also
Keywords
journal entry, currency exchange rate difference account , KBA , SRD-FIN-GL , General Ledger , Problem