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Function documentationCurrencies for Periodic Reposting or Periodic Allocations

 

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:

  1. Allocation in controlling area currency

  2. Allocation in object currency (= cost center currency)

  3. Allocation in transaction currency

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:

  1. Object currency is stored independently

    The system calculates sender values in object currency and processes these values parallel to controlling area currency values during iteration.

  2. The system uses translation rates to determine the object currency during the update from the controlling area currency.

    You maintain the currency translation rates in the Implementation Guide (IMG) for Cost Center Accounting (CO-OM-CCA) under Start of the navigation path Planning Next navigation step Basic Settings Next navigation step Define translation rates End of the navigation path.

    Caution Caution

    You can only allocate costs in the object currency, if both sender and receiver cost centers are using the same currency.

    End of the caution.
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.

Caution Caution

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.

End of the caution.