Hi,
We are currently running on ECC 5.0
I have configured Currency Futures through the Listed Derivatives Option. Entries with respect to Open Positions and MTM are happening correctly.
When a futures contract is closed, system generates Gain / Loss entries. The calculation for this is being done on FIFO basis. Our client requires this calculation to be done on Weighted Average Method basis. We have two valuation areas -- 001 for WAM Method and 003 for FIFO method.
My accounting entries are getting posted in Valuation Area 001 only but still the Gain / Loss calculation is happening on the basis of FIFO method.
Any help in this regard will be sincerely appreciated.
Warm regards,
Akhil Poddar