Translation process in SAP converts amount posted in Local Currency (also known as Company Code Currency) into Group Currency for the purpose of Group Reporting. Translation Sets contain the GL accounts on which posting can happen and therefore would be considered for currency translation.
This document reveals the process to create translation sets in SAP. Newly created sets must be assigned to the correct active Translation Methods.
Configuration of Translations Sets & Methods involves the following steps:
Enter Transaction code: GS01
This process needs to be repeated until all the new sets have been created.
For example: Below mentioned 3 sets have been created-
*Usage Indicator: currency translation usage FI-GL/-LC - The entry indicates whether to use the currency translation method from the special ledger or from the consolidation system.
This is how below Translation Methods have been created:
All sets must be added to either AAA01 or GGG01 Translation Methods, depending on whether GL account in sets is Operational GL account or group GL account.
Steps for Adding New Sets to Translation Methods
Based on the set names to be created, the following information is required before commencing the build:
Translation Methods
The labeling of the new sets is based on whether the set includes Operational GL Accounts or Group GL Accounts. These sets are assigned to Translation Methods: AAA01 or GGG01 accordingly.
Table
Each set must be assigned to a table. This is because sets are table specific and the tables to be used are the summary or the totals tables when creating new sets.
Exchange Rate Indicator
This is determined by the naming convention of the set.
Translation Key
This is determined by the naming convention of the set.
For example -
For creating FS item set: A_OPACC_9988110_OPEN (OPENING RATE)
For creating FS item set: A_OPACC_9988220_CLOSING (CLOSING RATE)
For creating FS item set: A_OPACC_9988330_ AVERAGE (AVERAGE RATE)
This process needs to be repeated for each newly created translation set
Once all the sets have been added to the translation method e.g. AAA01, the method needs to be validated.
Following steps needs to be followed for validating translation method to which new sets have been assigned.
'E': The method was checked with errors
'X': The method was checked without errors
If the method has an ‘E’ in the column, then there are errors in that translation method. This could be due to overlapping accounts in assigned sets. The sets in question will be displayed in Validation Report and further investigation needs to be done to correct the errors.
Example of Validation Error Report for Translation Method AAA01 –
Following error has occurred due to presence of same GL account in both the sets at line number 100 & 120 in Translation Method AAA01.
To correct this error, change/ delete the GL account from any one of these two sets.
Once all the sets have been assigned to the required methods and these methods are activated, the build is complete.
As a part of testing, following checks need to be made:
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