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 or are due to convert to euro and want to encourage their business partners to start dealing with them in euros.
The German vendor XXXX has already converted its business operations to euro and wants to start ordering and being billed in euros.
To meet this request, IDES AG first needs to convert the order currency in the vendor master record to euro.
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.
For information about the settings in the currency table, see SAP Note 91481.
Process Flow
You can find the data for this process under
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