3735886 - Argentina Financials - How to Handle Exchange Rate Differences in Argentina

You are processing an Accounts Receivable (FI-AR) scenario for Argentina where an invoice was issued in a foreign currency (e.g., USD), but the payment was received in the local currency (ARS). Between the time of invoicing and payment, the exchange rate has changed significantly.

You are unsure of the correct procedure and have the following questions:

• When posting the incoming payment, which ARS amount should be entered?
• How should the large difference in ARS between the invoice date and payment date be handled?
• What is the correct purpose and usage of the Argentina-specific report RFIDAREXRATEDIFF in this process?

• SAP S/4HANA
• SAP S/4HANA Cloud Private Edition
• SAP ERP
• Financial Accounting (FI)
• Accounts Receivable (FI-AR)
• Accounts Payable (FI-AP)
• Localization for Argentina Financials (FI-LOC-FI-AR)

Argentina, RFIDAREXRATEDIFF, exchange rate difference, gain, loss, FI-AR, foreign currency, incoming payment, F-28, J1AMONITOR, debit note, credit memo, localization, ARS, USD, OBYC , KBA , FI-LOC-FI-AR , Argentina , Problem