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CO: Currency Type - Other Company Code Currency

Description

As of Release 3.0A, it is possible to use different currencies within cross-company-code cost accounting. The controlling area and the assigned company codes can have different currencies.

Different fields are available to maintain the basic data of the controlling area:

Damage caused to data by errors

Before using the new functionality, two conditions must be met:

1. You can activate the other company code currency indicator by selecting currency types "20" through "60" provided the controlling area does not contain any account assignment objects, such as cost centers, in which the object currency differs from the company code currency. This would lead to serious database problems.
2. The control parameter All currencies must be activated in the controlling area, which is automatic when working with a variant company code currency.
If transaction data already exists in the controlling area or on orders, a data conversion must be carried out.
If you are using CCA only, you can activate the indicator at fiscal year change. If orders are active with retention periods that exceed the current fiscal year, you have to make sure that the values are converted into the field groups for the transaction currency and the object currency, to avoid inconsistencies.

Change system parameters in customizing

The new functionality for working with other company code currencies can only be used for new controlling areas. In existing controlling areas you may only change the currency type, if no productive company codes have been assigned.

Effect on batch input

You also have to adapt your user-defined batch input programs for controlling area maintenance, to supply the new fields with basic data.

Changes to the interface

The fields Currency type and Other company code currency have been included in the basic controlling area data.

Changes in procedure

You must maintain the Currency type field. The Other company currency is derived from the currency type and filled automatically. Assignment control and currency type determine values in these fields.

In existing controlling areas, the field "Currency type" is filled automatically during the first upgrade to Release 3.0.