Posting Loans in Foreign Currency

    Hi,

    What is best practice in SAP ByDesign when it comes to posting a loan in a Foreign Currency?  We like to ensure at each period end the loan is revalued using the latest exchange rate.

    Lee

    Hi,What is best practice in SAP ByDesign when it comes to posting a loan in a Foreign Currency?  We like to ensure at each period end the loan is revalued using the latest exchange rate. Lee

    Posting Loans in Foreign Currency

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    Doctor Asked on November 2, 2016 in business bydesign.
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    1 Answer(s)

      Hi Lee,

       

      ByD only allows Foreign Currency Re-Measurement for AP, AR and Cash Ledger. Pure G/L transactions in foreign currency do not get revalued in standard.

       

      So – if you want to have the transactions – you can have either a certain “Loans” Bank Account in foreign currency. The balance of the account get revalued when you start the Foreign Currency Re-Measurement (FCRE) for Cash.

       

      Other option: you create a Accounts Payables Account with an open item in Foreign Currency. Here the AP FCRE will revalue the balance.

       

      Other option: you implement your own revaluation for G/L Line items with the SDK .

      Best regards

      Marlene

      Add Comment

        Hi Lee,

         

        ByD only allows Foreign Currency Re-Measurement for AP, AR and Cash Ledger. Pure G/L transactions in foreign currency do not get revalued in standard.

         

        So – if you want to have the transactions – you can have either a certain “Loans” Bank Account in foreign currency. The balance of the account get revalued when you start the Foreign Currency Re-Measurement (FCRE) for Cash.

         

        Other option: you create a Accounts Payables Account with an open item in Foreign Currency. Here the AP FCRE will revalue the balance.

         

        Other option: you implement your own revaluation for G/L Line items with the SDK .

        Best regards

        Marlene

        Add Comment

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