Use
Provided you select All currencies in the system settings for the controlling area, you can select the currencies to be allocated for all types of allocations. The following possibilities exist:
You select the currencies to be used in the header data of the allocation cycle.
Features
Allocation in Controlling Area Currency
This is the most important currency for the allocation. The controlling area currency is the base currency in which the allocation is carried out; the system then converts amounts to object currency (cost center currency) if this is different from the controlling area currency.
Allocation in Object Currency
You can also allocate costs in the object currency. You have two options:
The system calculates sender values in object currency and processes these values parallel to controlling area currency values during iteration.
You maintain the currency translation rates in the Implementation Guide (IMG) for Cost Center Accounting (CO-OM-CCA) under Planning
You can only allocate costs in the object currency, if both sender and receiver cost centers are using the same currency
Allocation in the Transaction Currency
You can also allocate costs in the transaction currency. The system determines the posted sender values separately in the transaction currency and posts them under the transaction currency to the receiver.
If you set the Transaction currency indicator, the system creates considerably more totals records and line items than with the other two options mentioned.
If you do not set the indicator, the system converts all postings on the sender side to controlling area currency and then distributes them. In this case, the crediting and debiting of the senders and receivers always occurs in the controlling area currency.