SAP Note 23604 - APC valuation for foreign currency

Symptom:

How are acquisition costs and production costs valuated if the asset acquisition was made in foreign currency?

Other terms

Acquisition costs, date of purchase, foreign currency, down payment, exchange rate change

Solution
Adler-Düring-Schmalz, Rechnungslegung und Prüfung der Unternehmen, §255 HGB, Tz.63:
'If acquisition costs are to be paid in foreign currency, they are determined by the amount actually paid in DM for down payments and when paying cash.' During the purchase on target, the acquisition costs are basically determined through the amount of the foreign currency payables to be posted ... exchange rate changes after the primary update of assets generally do not effect the acquisition costs ...'.