3588977 - Currency Conversion Profile in Financial Statement Reports

• In the General Ledger work center, when generating the financial statement report, the system defaults to the standard conversion profile, regardless of the conversion profile specified in the set of books for a company.
• The expectation is for the system to utilize the currency conversion profile assigned to the set of books.

SAP Business ByDesign

1. Open work center General Ledger.
2. Go to Reports view > List.
3. Search for the report: "Financial Statements".
4. Fill all the mandatary parameters and the desired Display Currency - Conversion Date.
5. Calculate Exchange Rate and compare to the activated exchange rates under General Ledger > Edit Exchange Rates > Exchange Rate history.
6. Observe that, although the conversion profile of the set of books is not the default currency conversion profile, the report uses the default conversion profile.

The Currency Conversion profile is used for business transactions such as SIV, CIV, Bank Transfer, etc. to obtain the necessary exchange rate from the specified exchange rate type. However, there is no configuration activity for report display purposes. Reports will use the Mid rate from the default Exchange rate type for the specified date and do not have the option to use the Currency Conversion profile mentioned on the Company SOB level.

Expected System Behavior.

Currency Conversion Profile, Financial Statement Report, General Ledger, Exchange Rate, Default Conversion Profile, Set of Books, Alternative Display Currency. , KBA , SRD-FIN-GL , General Ledger , Problem