Hi All,
Would like to get your input on the below mentioned scenario:
Company Code currency (INR)
Bank account held in : USD , INR
Invoices are booked in Foreign Currency such as USD , EUR etc.
Client wishes to pay all the Foreign currency invoices from USD account only. Hence our main bank account is maintained in USD, SAP best practice suggests to maintain the bank clearing account in same currency, as your main bank account is maintained.
But if we maintain our bank clearing account in USD, & try to make a payment of EUR invoice, we wont be able to make payment, as system would throw an error, GL account cannot be posted to.
In order to get away with this , we are thinking of maintaining bank clearing account in Company code currency INR.
Do you foresee any impact of maintaining Bank clearing account in Company code currency? Does the Foreign Currency revaluation needs to be run for these bank clearing accounts?
Also once the bank statement comes back, the amount appearing on the transaction line would be in USD. How would the clearing happen?
Would appreciate your valuable suggestion on the same.
Thanks & Regards
Nitin