SAP FI - Posting Rounding Differences


Advertisements

While clearing Financial Accounting documents that have been posted in a foreign currency, you can post the rounding differences that arise to a separate revenue/expense account. Earlier these differences were displayed as exchange rate differences at the time of clearing.

Rounding differences can be posted to the General Ledger account as Expense or Revenue.

How to post rounding difference in SAP FI?

Go to SPRO → SAP Reference IMG → Financial Accounting → AR and AP → Business Transactions → Outgoing Payments → Outgoing Payment Global settings → Define account for rounding differences → Execute.

Post Rounding Difference

Select Chart of Accounts and click Tick Mark. Go to Posting Key.

Rounding Chart Account Rounding Chart Accounts

In the next screen, enter the following details −

  • Enter the G/L account to post rounding difference. Click Posting Key at the top
  • Enter the Credit and Debit posting key and click the Save icon at the top
  • Enter the request customizing number to save the configuration
Rounding Posting Key

Useful Video Courses


Video

SAPUI5 Online Training

25 Lectures 6 hours

Sanjo Thomas

Video

SAP Webi Online Training

Most Popular

26 Lectures 2 hours

Neha Gupta

Video

SAP Basis Online Training

30 Lectures 2.5 hours

Sumit Agarwal

Video

SAP C4C Online Training

30 Lectures 4 hours

Sumit Agarwal

Video

SAP MM Online Training

14 Lectures 1.5 hours

Neha Malik

Video

SAP WM Online Training

13 Lectures 1.5 hours

Neha Malik

Advertisements