If your local currency is the currency of a country which is participating in European Monetary Union, you are legally required to change it over to the euro during the dual currency phase (01.01.1999 to 30.06.2002). For this purpose, you require translation programs which carry out the technical changeover (i.e. converting the local currency into euros) according to the legal translation rules.

The system changes over the following:

• Local currency amounts from all documents in the system, and fixed amounts in Customizing tables

• Currency keys

• Exchange rates

Translating the local currency amounts produces rounding-off differences. which are intercepted and dealt with by reconciliation programs either during or after the changeover. Reconciliation is carried out both within individual documents and between datasets which are saved separately.

The changeover package contains:

• Programs for the local currency changeover.

• Reconciliation programs for dealing with rounding-off differences

• The option of including user-specific tables and user-defined developments in the R/3 System