Some companies need to manage a corporate group ledger in the General Ledger for the purposes of group consolidation. If you need to do so, you can supply values to the corporate group ledger from specially defined group depreciation areas in Asset Accounting. For the group consolidation, you need the posting amount in the foreign currency, along with the corresponding amount in your local currency. As a result, you need depreciation area 31 in foreign currency (group currency) as well as depreciation area 30, with identical depreciation terms as 31, in the your local currency.

When the system posts depreciation and APC in the group currency of the group depreciation area, it also posts the same amount in the local currency from the group depreciation area to which it is linked. Both of these amounts are posted to the corporate group ledger. The system posts the group currency amount as the transaction currency, and the local currency amount as the local currency in the document.

In Asset Accounting, the system translates the values in all depreciation areas as part of the euro changeover, as long as the depreciation area currency is a participating currency. In some instances, this could mean that the system translates depreciation area 31 to euros, as well as depreciation area 30. In the FI General Ledger, however, the system translates local currencies only, and not transaction currencies. Under certain conditions, therefore, you might not be able to reconcile the group depreciation area in group currency with its accounts. The following explains the possible situations in which this difficulty could arise, and recommended procedures.

In this case, the system translates only depreciation area 30, and reconciles this depreciation area with the FI accounts affected. You do not have to change anything in Asset Accounting. In the future, the system supplies the corporate group ledger values in the local currency euro (from the translated depreciation area 30). The group currency continues to come from depreciation area 31, which was not affected by the euro changeover.

In this case, the system translates only depreciation area 31, and does not carry out any automatic reconciliation with FI accounts. You have to make the reconciliation manually.

You have to manage the accounts of the corporate group ledger in euros following the changeover. To make this change, you have to carry out the following steps for the accounts involved:

• Post the account balance from the transaction currency and the local currency to a clearing account in local currency.

• Change the currency of the corporate group ledger account.

• Enter the balance from the depreciation you chose to be the group valuation area in Asset Accounting (balance is stored in table EWUFIAASUM) back onto the account. You can find this balance using report RAEWSSUM.