Conversion of Flow Data

Conversion of Flow Data

The system converts a loan on a specified key date, taking into account any translation or rounding differences. The contract number stays the same.

After the changeover, only the new flows for the rounding differences indicate that the loan was originally created in a different currency.

In the cash flow, the rounding differences for each type of capital amount (remaining capital, disbursement commitment and interest calculation capital) are displayed using separate flow types.

During the changeover, the following flow data is converted:

Cash flow (currency keys, contract currency amounts, exchange rates)
All actual records, and all planned records that are not based on conditions
You need to regenerate planned records that are based on conditions using the Planned record update function. To do this, select the Planned record update field on the Contract Currency Changeover to Euro screen.

If you did not update the planned records when you carried out the changeover, you need to generate condition-based planned flows using the function Accounting ® Automatic posting ® Prepare mass processing. ® Update planned records.

Amounts in local currency are converted as part of the local currency changeover, and not during the contract currency changeover.