In this step, you define the budget currency for HR Funds and Position Management. This is the currency in which budgets are defined within a specific period.
For more information on budget currencies, and especially on changing the budget currency when you carry forward an overall budget, refer to the HR Funds and Position Management documentation in the R/3 Library.
The budgets of budget structure elements are managed in the budget currency.
Use only one budget currency for every financial year, and never change the budget currency during a financial year (this can give rise to inconsistent data).
To define the budget currency for HR Funds and Position Management, proceed as follows: