Purchase (LCY) value is showing in negative .

hansika

Hi All,

I have created on purchase order with foreign currency code – USD. PO Value in USD – 1000 .When I click on the statistics (F9) system shows the PO value – 1000 and Purchase (LCY) value - (-50000) . Purchase (LCY) value is showing in negative .

Could you share what is the issue ? :-k

sprashanth

Hi Hnasika,

What is the exchange rate you have defined???

hansika

I USD = 50 INR.

Chinmoy

Where have u entered the exchange rate? on INR currency? Check if there are any exchange rates defined on the USD currency also. If there are any records on the USD, first remove that entry and create another PO to check.

Best,

Chn

hansika

Currency setup :

General Ledger Setup LCY Code : INR
Starting Date 25-01-12
Currency Code USD
Relational Currency Code Blank
Exchange Rate Amount 1.0
Relational Exch. Rate Amount 50
Adjustment Exch. Rate Amount 1.0
Relational Adjmt Exch Rate Amt 50

Chinmoy

Hansika, did you check the setup in USD?

sprashanth

Hi,can you remove the currency code in PO and check if purchse(LCY) still displays the amount -ve???
So that atleast we will get to know if there is any issue in currency setup or is there something else to be concerned about.

hansika

Chinmoy wrote:

Hansika, did you check the setup in USD?

hansika wrote:

Currency setup :

Starting Date 25-01-12
Currency Code USD
Relational Currency Code Blank
Exchange Rate Amount 1.0
Relational Exch. Rate Amount 50
Adjustment Exch. Rate Amount 1.0
Relational Adjmt Exch Rate Amt 50

Chinmoy

If you have the Exch. Rate setup in INR, you do not need a setup in the USD card. Please remove the Exch. Rate line from the USD card and see what happens. Also as Prashanth suggested, can you chek removing the currency code from the PO and see what the statistics form shows?

Cheers!

Chn

sunnyk

I have the same issue. Purchase(LCY) showing the negative value. Any Idea why it happened.