How to use GMCA_IFX - Adjust Implicit FX Transactions

SAP Transaction Code - Details

• Transaction Code: GMCA_IFX

  Description: Adjust Implicit FX Transactions

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > General Ledger > Periodic Processing > Multi Currency Accounting > Periodic Processing > Subledger Processing > Fixed Assets > Transform FX Transactions into Functional Currency
  • Accounting > Bank Applications > Enhancements for Accounting > Multi Currency Accounting > Periodic Processing > Subledger Processing > Fixed Assets > Transform FX Transactions into Functional Currency

• • Program: GLE_MCA_IFX

    Screen: 1000

    Authorization Object:

  • Development Package: FAGL_MCA_AL_IFX

    Package Description: FI: MCA Implicit FX Transactions

    Parent Package: FAGL_MCA_AL_IFX_MAIN

  • Module/Component: FI-GL-CU-MCA

    Description: Multi Currency Accounting

Smart SAP Assistant

• SAP Tcode: GMCA_IFX - Adjust Implicit FX Transactions

  
  Overview:
  GMCA_IFX is a SAP transaction code used to adjust implicit foreign exchange (FX) transactions. It is used to adjust the exchange rate of an implicit FX transaction, which is a transaction that does not involve a currency exchange. This transaction code is used to ensure that the exchange rate of the implicit FX transaction is correct. 
  
  Functionality: 
  GMCA_IFX allows users to adjust the exchange rate of an implicit FX transaction. This ensures that the exchange rate of the transaction is correct and that the financial statements are accurate. The transaction code also allows users to view the details of the implicit FX transactions, such as the original and adjusted exchange rates, and to make adjustments as needed. 
  
  Step-by-step How to Use: 
  1. Enter GMCA_IFX in the SAP command field. 
  2. Select the “Adjust Implicit FX Transactions” option from the menu. 
  3. Select the implicit FX transaction you wish to adjust from the list of transactions displayed. 
  4. Enter the new exchange rate for the selected transaction in the “Exchange Rate” field. 
  5. Click “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to ensure that all implicit FX transactions are adjusted correctly in order to maintain accurate financial statements. It is recommended that users review all implicit FX transactions regularly and make any necessary adjustments using GMCA_IFX. Additionally, it is recommended that users consult with their financial advisors or accountants before making any adjustments to ensure accuracy and compliance with applicable laws and regulations.