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When to Maintain Account Determination in KDF and KDB?

Hello Experts,

I have a question regarding FC Valuation,

Can you please give me the brief idea on when to maintain Account determination in KDF and KDB.

I know that Account determination to be maintained in KDF for Open items (Vendor Customer Recon Accounts and GL Accounts with OI Managed).

But I want your experts views, so kindly share your valuable views here.

Thanks in advance.


Comments

  • 11 Sep 2015 11:24 am Romil Tripathi Helpful Answer

    The GL accounts that you have to define in KDF transaction are independent of the valuation area and the valuation method that you have defined for foreign currency valuation program, the valuation area blank itself is sufficient for defining GL accounts in KDF transaction and you don't have to define GL accounts per valuation area that you define for foreign currency valuation program. Valuation gains/loss, Realized gains/loss, foreign currency valuation adjustment account are to be accounts that are to be defined in KDF. (adjustment account is defined for the necessity because the sub ledgers cannot be directly posted to on valuation front).

    Accounts defined will be applicable for valuing open items and foreign currency balance sheet accounts.