Use

When earmarking budget in Funds Management the transaction currency can deviate from the local currency. If the exchange rate between the transaction currency and the local currency has changed at the time of the reduction of the documents, a new calculation of the open amounts is necessary.

Features

You can use the RFFMBW00 program for the following Funds Management documents, in which the transaction currency does not correspond to the local currency, to recalculate the amounts which have not yet been reduced in the corresponding local currency:

Activities

Changes in the exchange rate can lead to a situation in which the recalculated reservation amount in local currency exceeds or even falls below the original amount. Accordingly, in an overrun more budget must be reserved and in a shortfall budget will be available again. The system automatically carries out this budget change. Availability control allows the necessary additional commitment of funds independent of the defined tolerance limits

Apart from revaluation, the program fulfills the following function:

If, for example, a document in transaction currency (TC) has been completely exhausted, but because of a change in the exchange rate funds remain committed in local currency, the remaining amount will be returned to the budget.