Wednesday, November 22, 2006

Foriegn Currency Valuation - Support Issue


During Foreign Currency valuation first we need to reverse the valuation done in the previous month. This is the case if it is a test run. For real valuation or productionrun we need not reverse the postings before starting valuation run as the postings will bereversed.
In the screen FAGL_FC_VAL there are three check boxes one - create postings, two -reset valuation and the other reverse postings. During the first run we select create postings and reverse postings specifying a reversal date. But due to somereasons may be error in valuation or changes etc etc we may need to reset the valuationrun done. For this we need to select reset valuation check box with a resetting reasoncode. Please note only Reset Valuation neither create postings nor reverse postings.Then the valuation will be reset and valutaion run can be done again with correctionsrequired.
If we reset valuation with the other two checkboxes active it will valuate and display thrice or four times and also sum up all the values - as per the previous valuation.
So must be careful while resetting the valuation run.

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