Answer / ramesh mehla

In which country u r working that is called local currency
and when you select local currency of the country then all
transaction will be made into such currency

Answer / suvankar pal

In G/L account if we select local currency then we can post
any documents in any currency but if we choose foreign
currency then we can only post the document of the same
foreign currency.

Answer / 10

Local currency in G/L is taken for balancing point.Setting
local currency indicator in GL master account affects the
way A/c Balances are stored in GL summary. If this
indicator is set, the GL balances are updated only in local
currency.

Foreign Currency valuation of GL accounts where the
indicator "only balance in local crcy" is set is affected
in the following manner depending upon the type of account

* If the account for which only balance in local currency
is set, is an open item managed account, i.e: the
indicator "Open Item Management" is also set in the GL
account master.

* If the account for which only balance in local currency
is set, is a non-open item managed account, i.e: the
indicator "Open Item Management" is also not set in the GL
account master.

Answer / satish.r

when u check amounts in local currency in the GL, you can
post a transaction in any other currency, even u can post a
foreign currency in to your company code, provided u have
to set the exchange rate difference in IMG for the foreing
currency rate of that country

When u set only foreign currency, you can post only in that
specific foreing currency.

Answer / srilatha

if we select local currency in G/L account all the balances
of that particular account will disply in that country
curren





cy. for example company is in india then currency will
display in rupees. if company is in us then currency then
it will display in dollars

Answer / prabha

When this option is selected, the balance of that particular account will display the balances only and only in local currency even though it has transactions dealing with foreign currency.
Simply speaking, that account balance does not display total of the foreign currency.

Answer / shashi ranjan pandey

Hi

I am SAP functional consultant.

How is component scrap maintained in sap?

0 Answers  

Differentiate static credit check from dynamic check? : fi- accounts receivable

0 Answers  

what r the differences between 4.7ee and ecc 5.0?

1 Answers   IBM,

What is number range interval? : cost center accounting

0 Answers  

HI GUYS, WHILE I AM DOING THE PAYMENT THROUGH APP RUN (F110). HERE I AM GIVING THE RUNDATE AND IDENTIFIER THEN SELECT THE PARAMETER TAB IN THAT SCREEN CO.CODE, PAYMENT METHOD C THEN NEXT PAYMENT DATE AND VENDOR A/C NO. THEN SAVE THE SETTINGS AFTER THAT SELECT GOBACK THEN SELECT THE PROPOSAL TAB IN THAT SCREEN SELECT IMMEDIATELY GIVE ENTER AFTER THAT PRESS THE ENTER 2 TIMES HERE I AM GETTING THE STATUS PARAMETERS COULD NOT BE CARRIED OUT? PLZ GIVE ME ANSWER ASAP?

2 Answers  

Hi, Can anybody will assist me on describing the benefit of CO-PA. Is this can be used for budgetory control? What are the best tool for controlling online Budget in SAP? kesdec21@gmail.com

0 Answers  

How many documents generated at the time good received?

5 Answers  

what is the role of Functional Consultant in end to end implementation?

0 Answers   IBM,

During Asset migration. Data migration team has upload one asset has 10 years useful life and acquisition value 10.000 usd. asset has already use for 4 years so net book value should be 6000 usd. asset has already uploaded. the problem was asset should be used in 3 year. how to correct asset that has already upload in 4 years and the user want to correct it from 4 years to 3 years. how to correct the net book value from 6000 to 7000?

2 Answers   Deloitte,

What is partitioning characteristic in co-pa used for? : co-pa

0 Answers  

The user reported that buyer Grbic 81 DOO, SAP code 200021394 has busy Credit Limit in amount of 1.312,93 RSD, which makes blockades on the stuff delivery to the buyer. This makes Open delivery which is not recognized by the SAP overview. The user asks for the additional check and resolution of the issue.

0 Answers  

Describe organisational structure in sap ?

0 Answers