Function documentationConversion of Expired Currencies

 

Currency conversion is necessary if a transaction currency expires, for example, due to the replacement of the national currency by the euro after joining the European Monetary Union. During billing, amounts in expired currencies can be automatically converted to amounts in the replacement currency.

Currency conversion in SAP CRM billing takes place if a sales or service transaction was created in a transaction currency that has expired (is no longer a legal means of exchange) on the billing document creation date.

Note Note

Conversion is not supported during claims settlement or rebate settlement. For rebate processing, you overwrite the expired currency with the replacement currency in the rebate agreement.

End of the note.

Prerequisites

You have activated the business function Sales and Service (CRM_SLS_SRV_1).

To set up expired currency conversion, you need to make the following settings in SAP CRM Customizing:

  • Activate the billing feature Conversion of Expired Currency in Customizing for Customer Relationship Management, under Start of the navigation path Billing Next navigation step Configure Application End of the navigation path.

  • Define expiry dates, reasons, and replacement currencies in Customizing for SAP NetWeaver, under Start of the navigation path General Settings Next navigation step Currencies Next navigation step Expiring Currencies End of the navigation path.

    To enable an expiry date for billing (Error fr. field), you need to assign an expiry reason to the object type CRM Billing Document (BUS20810) in the activity Define Warning and Error Dates. To enable an expiry date for rebate settlement, you need to assign an expiry reason to the object type CRM Rebate Settlement (BUS20830).

Features

Conversion during billing takes place as follows:

  • After the expiry date, relevant billing documents are automatically created in the replacement currency.

  • Accounting documents are created in the replacement currency.

  • The original sales or service transaction remains in the old currency.

Note Note

  • You cannot cancel billing documents and rebate settlement documents that use an expired currency.

  • You cannot reject business transactions that use an expired currency.

End of the note.

More Information

For information about denominating amounts in two currencies on printouts of billing documents (due to a dual currency phase), see SAP Note 1393058Information published on SAP site.