For the currency swap posting, you must be able to make postings to the clearing account for the currency swap and the balance sheet account in both euros and the original currency.

The customer open items resulting from a loan may be arrears or overpayments. These open items are converted during the contract currency changeover by means of a currency swap posting. The original amount is taken off the customer account, translated into EUR and then posted back to the customer account in EUR.

For performance reasons, the number of open items to be converted should be reduced to a minimum.