Summary -

In this topic, we described about the Posting Rounding Differences process along with technical information.

There is possibility of rounding differences occur while clearing accounting documents that are posted in foreign currency. The rounding differences can be posted that arise to a separate revenue/expense account. Rounding differences can be posted to the General Ledger account as Expense or Revenue.

Posting Rounding Differences: -

Step-1: Enter the transaction code OB00 in the SAP command field and click Enter to continue.

Posting Rounding Differences

(OR)

Enter the transaction code SPRO in the SAP command field and click Enter to continue.

Posting Rounding Differences

Click on SAP Reference IMG.

Posting Rounding Differences

Expand SAP Customizing Implementation Guide → Financial Accounting → Accounts Receivable and Accounts Payable → Business Transactions → Outgoing Payments → Outgoing Payments Global Settings → Define Accounts for Rounding Differences. Click on Execute.

Posting Rounding Differences

Step-2: In the next screen, select Chart Of Accounts and click on right mark to proceed.

Posting Rounding Differences

Step-3: In the next screen, enter G/L Account in which the rounding differences are posted and click on Posting Key.

Posting Rounding Differences

Step-4: In the next screen, enter the Credit and Debit Posting key.

Posting Rounding Differences

Step-5: Once all the details entered, click on the Save button to save the changes.

Posting Rounding Differences

Step-6: It prompt for the Change Request. Create/Select the change request and Click on right mark to proceed.

Posting Rounding Differences

Step-7: Status bar displays the below message once the posting rounding differences saves successfully.

Posting Rounding Differences

Technical Information: -

  • Transaction Code: - OB00
  • Navigation path: - SPRO → SAP Reference IMG → SAP Customizing Implementation Guide → Financial Accounting → Accounts Receivable and Accounts Payable → Business Transactions → Outgoing Payments → Outgoing Payments Global Settings → Define Accounts for Rounding Differences