Foreign Currency Remeasurement: Exclusion of suppliers/customers

[sabine_ullrich]

Hi,

Is there a possibility to exclude suppliers or customers from the foreign currency remeasurement run? I only found the possibility to select a supplier or customer in the run but only one at once. You cannot select a range you want to schedule the run for. Therefore this is no opiton because it would mean a tremendous work load at the end of the year.

Is there another way?

Many thanks and best regards

Sabine

[lokesh2]

Hi Sabine,

The purpose of the run is to value of payables/receivables, that are posted in a foreign currency to the company currency at period end. The postings are then reversed at the start of the next period.

So the Exchange rate GAIN/LOSS that results out of this run is only statistical and not actual GAIN/LOSS.There is NO actual postings generated based out of this run then just showing revalued amount in company currency.

If you leave the Supplier/Customer field blank then system will pick all supplier/customers and their open items which were posted in foreign currency.

Thanks

Lokesh Sharma

[sabine_ullrich]

Hi Lokesh,

That the system picks all suppliers/customers is exactly my problem. The customer has a workaround for loans in the system which is realized with suppliers and uses the accounts payables ledger. The evaluation of the loans differ from the rest of the accounts paybles. They are not evaluated with the last exchange rate of the month/year but with an exchange rate guaranteed through hedging transactions.

Best regards

Sabine

[Bindhu_Simry_T]

Hi Sabine,

Yes, if we leave the Supplier/Customer field blank, system will pick all the Suppliers/Customers for the given company.

We don't have the option to exclude certain suppliers/customers for the Foreign currency run.

Thanks,

Bindhu