Posting Invoice with different FX Rate for GST Tax Line Item in SAP
Note: this document is relating to singpore tax invoice postings in FI
some cases invoices received in foreign currency. but, GST amount should be posted and reported in SGD only. if customers or clients using SAP reporting currency (Local Currency: SGD) in this case there will not be any affect in GST amounts will be calculated correctly.
some customers using Local Currency other than SGD, in this case if tax invoice in foreign currency (other than SGD) but, fixed exchange rate for GST will be advised in Tax Invoice seperately.
while posting invoice using FB60 system will determine exchange rate based on exchange rate determination settings. but, the challange is to maintain different exchange rate for GST line item correctly.
Define Accounts for Exchange Rate Difference Postings
Maintain GL Account for Exchange gain or loss posting relating to TAX
Posting entry using FB60
system will post realized exchange rate for GST line seperately for reporting.