Hi Pankaj,
Hope you are doing well.
What I understand from your query that you need some clarification on Automatic Posting for Foreign Currency Valuation. I will try to explain some of the Bullets mentioned above other than that I need some clarification on your query again.
a) Is Asset account always translated not valuated i.e. through FAGL_FC_TRANS not FAGL_FC_VAL? Please elaborate this query.
b) Are shadow accounts/balance sheet adj 1 account mentioned in OBA1 valuated as well? In my view only main account (reconciliation or Open Item Management) to be valuated in this case....
b) The balance sheet adj 1 field is only used to post the revalued amount after revaluation. for example; if you revalue the reconciliation/ open item management account, the system post to a balance sheet adjustment account, which occur during the foreign currency revaluation. Hence balance sheet adj 1 account does not valuated only the gain/ loss, from revaluation, posted to this account.
The following explains the purpose of this field; taken from the performance assistant given by SAP.
Local Account for Adjusting Receivables/Payable
Account to which the receivables and/or payable adjustment is posted during the foreign currency valuation of open items.
c) Are normal G/L accounts (without reconciliation or Open Item Management) valuated as well. If yes does these accounts need shadow accounts/balance sheet adj 1 account. I think they are valuated but not required any shadow account.
c) Yes! the G/L account which are not reconciliation account can also be valuated for example; GL used in FBCJ (cash Journal). But as per my knowledge and above mentioned explanation they do require the balance sheet adj 1 account. The reason is if you do not provide G/L account here then where the system will post the exchange gain/ loss amount, occur during the period. But you need to maintain the different valuation area for Balances only. And when user perform revaluation for GL account balance, he/ she select the Tab for balances << please find the tab in below screen shot
d) What is delta logic in Foreign Currency Valuation? why it is required?
d) In Foreign Currency Valuation, you have the option to post the valuation as per the posting date and reverse it on the beginning of the next month. Alternatively, you can also choose not to reverse the postings made, and SAP permits posting using delta logic(with line item update) where you valuate but do not reverse such valuation the next day. This simply means that with this posting, this becomes a basis for revaluation the next month.. assuming nothing was posted the next month. For further explanation regarding this please read the following thread Foreign Currency Valuation : Delta Posting Logic
e) Are Profit & Loss accounts valuated as well?
e) Why there is a requirement of revaluing the Profit and Loss G/Ls. I don't think that there is an availability to revalue the P&L G/L account. But if you found/ have any logic of revaluing the P&L account. Please raise/ ask the scenario I will try to explain.
Hope I have explained the query, please elaborate the query "a" so that I will explain it further basically I didn't get the question.
Thanks & Regards.
Arif Billah
