Time Base and Exposure to Inflation Variant
Seetime base and exposure to inflation variant (TBE variant).
The TBE variants are used in the inflation calculation function. They are used in Customizing, posting, and closing procedures.
The TBE variant also determines which date's inflation rate applies.
Typically, the authorities require you to adjust your accounts for inflation at the end of each month using the inflation index published for the last day of that month. That means, for example, that you adjust your accounts for inflation on 31 January using the inflation index for January, on 28 February using the index for February, and so on.
In one or two cases, however, you are required to adjust your accounts using the inflation index from a different date, for example, from the preceding month. For example, you may be required to adjust accounts on 31 May using the inflation index published for 30 April.
You maintain TBE variants in Customizing for Financial Accounting (FI), by choosing Financial Accounting Global Settings → Inflation Accounting → Maintain Time Base and Exposure to Inflation Variants.
You then assign one TBE variant to the inflation method; this is the TBE variant that the system applies to each G/L account by default when you use the FI inflation adjustment programs. If you have other G/L accounts that need to be adjusted using a different TBE variant, you can assign them a TBE variant directly by creating an inflation key with a different TBE variant.
When you come to run the programs in the Inflation Accounting solution for FI, they adjust each G/L account using the TBE variant in the inflation key that you have assigned to it. If you have not entered a TBE variant in the inflation key, the system uses the one that you have entered in the inflation method.
See also:TBE Variant in Asset Accounting (FI-AA) TBE Variant in Materials Management (MM)