Multiple Currencies in Planning 

Use

If you use parallel currencies in Profitability Analysis (in other words, you have set the indicator for the company code currency as well as the operating concern currency under Structures ® Define Operating Concern ® Maintain Operating Concern ® Attributes), then you can also plan in both currencies.

It is possible to activate the company code currency subsequently.

Features

In planning, you are always working with estimated future exchange rates. Consequently, it is not necessary (and likewise not possible) to update two currencies simultaneously for each transaction in planning (see also Updating Two Currencies in CO-PA). Prior to planning, you instead need to specify for each plan version whether you want to plan in the global currency for your organization (operating concern currency) or in the local currency of whatever company code you are planning. You can convert your planning data to the other currency by copying the data to a plan version that uses the other currency and translating it using a planned exchange rate.

The following currency types can be included in a plan version:

If you want to update the currency with profit center valuation, make the appropriate entry in the currency type field (PALEDGER). For more information, see the section Multiple Valuation Views in Planning.

The plan version is a mandatory characteristic in each planning level. If you want to plan using the company code currency, you need to include the company code as a characteristic in the planning level .

Currency in the planning layout

SAP recommends that you generate the planning layout from the parameter set (see Set Up Manual Entry of Planning Data). If, however, you define it manually in Customizing under Planning ® Manual Entry of Planning Data ® Define Planning Layout, you need to make some settings for the currency as well in the definition. It is essential that you read the documentation on Defining a Planning Layout in Customizing.

Currency Translation When Both Currencies Are Active

You can convert your planning data to the other currency by copying the data to a plan version that uses the other currency and translating it using a planned exchange rate. The system translates the values automatically when you use automatic planning method Copy.

A typical scenario for profit planning for a corporate group with multiple currencies might look like this:

The various subsidiaries create their own plan at the company code level using a plan version that stores the data in the company code currency. These plans are then rolled up (copied) to another version that stores the data in the operating concern currency. The system translates the data using planned exchange rates that are stored separately for each period.

This makes it possible to unify corporate planning in the operating concern currency without the risk of incurring differences due to the translation.

Currency Translation When Only One Currency Is Active

If your system only stores values in one currency, you can use the Entry currency function to enter data in a foreign currency during the manual entry of planning data. The system automatically converts the values into either the operating concern currency or the company code currency before saving them to the database. This function is designed as an entry aid for users who need to enter values in a foreign currency. You specify the entry currency in the parameter set for the Enter planning data planning method.

 

See also:

For more information about multiple currencies, see Updating Two Currencies in CO-PA.