Currencies in Planning

In Profit Center Accounting, three currencies can be stored at once:

Transaction Currency

The transaction currency is the currency used for a specific transaction. You can choose a different currency from the list of valid currencies for each new transaction. The transaction currency is stored in the transaction data for Profit Center Accounting as the so-called "first currency".

Local Currency (Company Code Currency)

The controlling area currency is stored in Profit Center Accounting as the second currency.

Profit Center Local Currency

You need to set a special currency for Profit Center Accounting in Customizing for each controlling area. This currency is used in the standard reports, among other things. You can find more information about this currency in Customizing. The profit center currency is the third currency updated in the transaction data.

How Do I Plan Currencies in Profit Center Accounting?

Example Example

You first plan a profit center in USD. Then you later plan the same profit center in DEM in a second planning session. This may be necessary if:

End of the example.

  • the planned costs for the profit center in a certain cost element consist of external invoices in the local currency and external invoices from abroad and

  • the external invoice from abroad was billed and paid abroad

The currencies which can be planned manually are defined in the Layout .

If the corresponding key figures are defined and ready for input in the planning layout, you can plan in any permissible transaction currency, the company code currency or the profit center currency. The planned amount is then immediately and automatically translated into the other currencies. Note, however, that the system can only translate into a transaction currency if you have explicitly specified a transaction currency.

If you want to want to plan data using different transaction currencies, you need to use a planning layout that contains the characteristic "Transaction currency".

Caution Caution

Note that data can only be saved in the transaction currency if a transaction currency has been specified. Otherwise the data will only be saved in the other currencies without the transaction currency.

End of the caution.

If you want to want to summarize data in the transaction currency, you need to use a planning layout that does not contain the characteristic "Transaction currency". You can then:

  • change the summarized values, in which case the changes are not updated in the transaction currency, and

  • add any combinations of objects that have not already been planned.

If you

  • enter one transaction currency, the system only displays the amounts planned in that currency. You can

  • change these amounts

  • plan in the currency specified

  • enter a number sign (#) to represent the value " " (no value), the system only displays those values that were planned without the transaction currency. You can

  • change these amounts

  • plan amounts without a transaction currency

  • specify more than one currency or all currencies (*), the system displays all the planned values. You can

  • change these amounts

  • can plan as yet unplanned combinations of your planning objects in any valid currency.

Planned currency amounts are translated using

  • the value date you entered in the planner profile for your area

  • a translation factor entered in the currency table for the exchange rate type entered in the planner profile

You will find further information about the currency table and currency translation in the documentation FI Configuration and Organization .