Foreign Currency Valuation of Balances: Entering Bank Postings  

Use

In this process, you transfer money from one of the house banks of the IDES Company to one of your foreign currency accounts. The account in question is kept in US dollars. The transfer is thus completed in US dollars.

Procedure

  1. Call up the transaction as follows:
    2.

    Menu Path

    Accounting ® Financial Accounting ® General Ledger ® Document Entry ® Enter G/L Account Posting

    Transaction

    FB50

    Make sure that the correct company code is specified.

    If the system displays the Enter company code dialog box, enter the following data:

    Field

    Data

    Company code

    1000

    Otherwise, choose Environment ® Set company code and confirm the dialog box Exit processing with Yes.

    In the dialog box, enter 1000 (Europe).

    Choose .

  2. If the worklists are not displayed, choose Tree on.
  3. Choose Screen variants for items ® With business area.
  4. On the Basic Data tab page, enter the following data:
    5.

    Field

    Data

    Doc. date

    Today’s date

    Posting date

    Today’s date

    Currency

    USD

    Table

    		  

    G/L account (first item)

    113150

    D/C (first item)

    Debit

    Amount (first item)

    20,000.00

    Business area (first item)

    9900

    G/L account (second item)

    113100

    D/C (second item)

    Credit

    Amount (second item)

    20,000.00

    Business area

    9900

    Account 113150 is listed in the chart of accounts of the company code as a foreign currency account kept in US dollars.

    Account 113100 is listed in the chart of accounts of the company code as an open item account kept in the local currency.

  5. Choose .

    6. In the upper right-hand corner of the screen, you see the debit and credit totals.

  6. Choose Simulate.

    7. On the Enter G/L account document screen, the document you have just entered is displayed. The posting record is as follows:

    · Debit: Account 113150 (Dbank USD account) 20,000.00 USD

    · Credit: Account 113100 (Dte bank, domestic) 20,000.00 USD

  7. Choose .

    8. The system informs you that the document has been posted in the company code.

  8. Make a note of the document number.
  9. Choose .
  10. In the Exit Processing dialog box, choose Yes.
  11. Call up the transaction as follows:
    12.

    Menu Path

    Accounting ® Financial Accounting ® General Ledger ® Document ® Display

    Transaction

    FB03

  12. Enter the following data:
    13.

    Field

    Data

    Document number

    Document number from step 8

    Company code

    1000 (IDES AG Frankfurt)

    Fiscal year

    2000

  13. Choose .
  14. Choose Choose.
  15. In the Layout: Choose dialog box, choose 1SAP (Amount in document and local currency).

    16. The amounts are now displayed in the local currency EUR as well.

  16. Choose until the overview tree appears.