Make sure that you can make postings to each balance sheet account in FI in both euros and the original currency. (This is always the case if the currency of the balance sheet account is the local currency. You can use the validation function in FI to restrict the postings to certain currencies.)
Set up clearing accounts for the postings from the contract currency changeover, such as:
- a clearing account for currency swap postings
- a clearing account for adjustments to capital amounts
- a clearing account for adjustments to balances
The postings made during the contract currency changeover include the following:
Currency swap postings for:
- Balance sheet positions
- Accruals/deferrals (premium/discount)
- Open items
Adjustment postings (for rounding differences):
Adjustments to capital amounts
- Remaining capital
- Disbursement commitment
- Interest calculation capital
Balance adjustment
(incoming payment processing in the subledger)
Contract Currency Changeover: Accounts 