Issue Currency Changeover: Preparations

Issue Currency Changeover: Preparations

Prerequisites

The currency changeover is performed across all company codes. The following prerequisites must be fulfilled:

At the key date for the changeover, you have closed the period for all the positions of the security to be converted.

There are no ‘closed’ actual records with a position date after the key date for the changeover (exception: reversal flows). A flow is ‘closed’ if you have carried out period-end closing since the posting.

Before you carry out the local currency changeover or the issue currency changeover, you need to disclose the currency reserves) To do this, use report program RFVWBEW1. You need to run this report at the beginning of the dual currency phase in order to realize the gains and losses resulting from the fixed euro rates.