SAP Knowledge Base Article - Public

3791867 - G/L account without FX semantic tag still included in Advanced Foreign Currency Valuation run - SAP S/4HANA Cloud Public Edition

Symptom

Advanced Foreign Currency Valuation result includes a G/L account that has no FX semantic tag assigned at the account level.

"Image/data in this KBA is from SAP internal systems, sample data, or demo systems. Any resemblance to real data is purely coincidental." 

Environment

SAP S/4HANA Cloud Public Edition

Reproducing the Issue

  1. Verify that a G/L account has no FX semantic tag assigned at the account level in the Financial Statement Version (FSV).
  2. Run Advanced Foreign Currency Valuation.
  3. Observe that the account is included in the revaluation selection or results.

Cause

The account inherits the “Monetary Item” (or other FX-related) semantic tag from its parent FSV node, so it is included in the revaluation run as designed.

Resolution

  1. Identify the FSV node to which the affected G/L account is assigned and check whether the node carries the “Monetary Item” or any FX-related semantic tag. 
  2. If the account must be excluded from FX revaluation, move it to an FSV node that does not carry Monetary or FX-related semantic tags.
  3. Perform the change in the quality system via the “Manage Your Solution” app (configuration activity “Assign Semantic Tags to Financial Statement Versions” — SSCUI 102659) or via the “Manage Global Hierarchies” app (app ID F2918).
  4. Transport the configuration to the Production system.
  5. Rerun Advanced Foreign Currency Valuation.

See Also

Keywords

advanced foreign currency valuation, fx revaluation, semantic tag, monetary item, inheritance, fsv node, financial statement version, gl account selection, exclude account from revaluation, assign semantic tags to fsv, sscui 102659, manage global hierarchies, app f2918, s/4hana cloud public edition, closing operations , KBA , FI-GL-GL-G-2CL , Closing Operations / Period-End (Public Cloud) , Problem

Product

SAP S/4HANA Cloud Public Edition all versions