Valuating Open Items in Foreign Currency: Entering Invoices in Foreign Currency in FICO

Use

You now post a vendor invoice in foreign currency so that you can valuate open items in foreign currency in the next transaction.

You post the invoice directly in Financial Accounting, there is no integration with MM (Materials Management). This makes it easier to post backdated invoices.

Procedure

1. Call up the transaction as follows:

Menu Path	Accounting ® Financial Accounting ® Accounts Payable ® Document Entry ® Invoice
Transaction	FB60, FBL1



Make sure that the correct company code is specified.

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

Field	Europe	North America
Company code	1000	3000

Otherwise, choose Environment ® Set company code and confirm the dialog box Exit processing with Yes. In the dialog box, enter 1000 (Europe) or 3000 (North America).

Choose .

2. If the worklists are not displayed, choose Tree on.
3. On the Basic Data tab, enter the following data:

Field	Europe	North America
Vendor	1560	4940
Invoice date	15.03.2000	15.03.2000
Posting date	15.03.2000	15.03.2000
Amount	12,000.00 (gross amount, including tax on sales/purchases)	12,000.00 (gross amount, including tax on sales/purchases)
Currency/rate	USD	EUR
Calculate tax	Select	Select
Tax code	V9	I0



If any warning messages appear, choose .

4. Choose Screen variants for items ® With cost center.
5. Enter the following data:

Field	Europe	North America
G/L account	415000	415000
D/C (defaulted)	Debit	Debit
Amount in doc. curr.	12,000.00	12,000.00
Tax code	V9	I0
Cost center	1000	1000

6. Choose .

Business area 9900 is entered in the table automatically.

Account 415000 requires an assignment to a CO object, since it is defined as a cost element. Therefore you require an additional account assignment, for example cost center 1000.

The system displays the address of the vendor.

7. Choose Simulate.
8. Choose .
9. Make a note of the document number.
10. Choose .
11. In the Exit Editing dialog box, choose Yes.