During the dual currency phase, companies can choose when to change from the national currency to the euro. They can continue to operate in either the euro or national currency according to the "No compulsion, No prohibition" principle.
This IDES scenario focuses on a German company called IDES AG. At the beginning of the dual currency phase, IDES AG has not yet converted to the euro, that is, the company’s local currency is still the national currency (DEM). IDES AG has some important business partners in Germany and many of the other European states participating in EMU. As of 01/01/1999, some of these business partners have already converted to the euro and want to encourage their business partners to start dealing with them in euros.
In this example, IDES AG has a German customer who has already converted its business operations to the euro and wants to start ordering and being billed in euros.
To meet this requirement, IDES AG must do the following:
In our demo scenario, we describe each activity in turn. You can also execute these transactions separately.
To reduce the amount of work involved, you can make use of report programs for making mass changes. However, in this scenario there is only one change for each activity (changing the customer master record, converting the sales order, and changing the price condition). If you want to change more data, you can use other master data of IDES AG. However, you should reset the data after this using this scenario if you want to repeat it.
This IDES scenario is of interest not only for European enterprises, but for any enterprises that have business partners in the European Monetary Union (EMU) and want to carry out business transactions in euros.
Process Flow
You can find the data for this example under
.