Currencies can be updated for both plan and actual values. The use of more than one currency must be allowed in the controlling area.
You can plan in the following currencies:
Controlling area currency
Object currency
Transaction currency
Currency of the user's choice
The controlling area is always used, regardless of whether you have selected
All Currencies
in the control indicators for your controlling area.
You specify the object currency in the master data of the given planning object, for example, a cost center. The object and transaction currencies are only active if you have selected
All Currencies
in the controlling area for the relevant fiscal year.
You can select any allowed currency as the transaction currency. The system always derives the value date and the exchange rate type from the fiscal-year dependent data of the version.
In addition to planning in controlling area, object or transaction currencies, you can also plan in a currency of your choice, and can also translate your plan values, for example, into euros. The user-definable currency can be included in additional columns or rows of the planning layout for cost element planning, which you can then display or maintain this currency.
If you have made a change to the exchange rates between two planning meetings for activity input (for example, due to the EURO changeover), this may cause large differences between the values in the object currency for the receiver and for the sender, even though both have the same currency.
This is due to the fact that the system does not revaluate when the exchange rates change.
To avoid data inconsistencies, you can create a new version as a buffer, copy your prices into it, andthen copy the prices back to your original version.
You need to copy the objects as well as the prices for orders and projects that are not plan integrated.
The following key figures are available for plan values in user-definable currency:
Planned fixed costs
Planned variable costs
Planned total costs
Actual total costs
If the appropriate rows or columns exist in the planning layout, you can set your user-definable currency in the initial screen for manual planning. Choose
Settings
→
User-definable currency.
If you use the user-definable currency, you can enter the following attributes:
Currency
Exchange rate type
Value date for the translation
If you do not specify a currency, the system uses the controlling area currency. If you do not enter an exchange rate type, the system derives the exchange rate type and the value date from the fiscal-year dependent version parameters.
You can make default settings for your user-definable currency in
Customizing for Cost Center Accounting
or
Activity-Based Costing
. Choose
Planning
→
Manual Planning
→
Create User-Defined Planner Profiles
.
You can also define the relevant Set/Get parameters as user parameters in your user master data.
The system translates into the user-definable currency, or from the user-definable currency into controlling area currency, regardless of whether you have selected
All Currencies
in the control indicators for the controlling area.
The system does not write the user-definable currency to the database when postings are made.
If you do not use the transaction currency as a characteristic in your planning layout:
The system automatically uses the object currency for newly created planning records
As of Release 4.0, the system updates the accumulated plan and actual costs in controlling area and object currencies across all data records, even if the costs were updated under different transaction currencies.
If you change these accumulated costs, the system uses the transaction currency (corresponding to the object currency) for the update if this type of record already existed. Otherwise, the update is executed using the first transaction currency that the system finds in the database.
You can only include the key figure “Actual costs in transaction currency” in the planning layouts that use the characteristic “Transaction Currency”.
If you plan in the transaction currency, the system automatically translates the plan data to cost center and controlling area currency during the planning process.
When planning in different currencies, the planning results are always stored in transaction currency, object currency, and controlling area currency.
You plan raw materials on cost center 4210 in Japanese Yen JPY (the raw materials come from Japan, and are invoiced in Yen). However, you plan personnel costs in US dollars USD.
The following situations might exist:
You want to plan in USD only
Enter USD as the transaction currency.
You want to plan in JPY only.
Enter JPY as transaction currency.
You want to plan in both currencies.
Enter an asterisk (*).