Overview of Currencies Posted for Balancing

Use

The combination of the data listed below determines the currency display of the periods to be settled and the currency in which posting actually takes place.

In most cases, the currency display of the balancing and the currency in which is posted are identical.

One exception is the combination of "next balancing date is before the changeover date" and "changeover date is before the posting date of the next balancing". In this case the currency displayed (DEM) is not the posting currency (EUR) if the account has already been changed over to Euro. The system automatically executes a balancing (in DEM) and converts to Euro. The difference in the currencies has no effect on the posting.

If you wish to avoid the situation of having different currencies in the display and for posting, ensure that the posting date of the balancing is before the changeover date.

The following statements of the balancing currency and actual posting currencies result, depending on the dates:

Combination of the dates	Displayed balancing	Actual posting	Note
Next balancing date for account before the posting date of balancing, before the changeover date	DEM	DEM	Before the changeover can take place, balancing must be carried out
Posting date of balancing, before the next balancing date for account before the changeover date	DEM	DEM	Before the changeover can take place, balancing must be carried out
Next balancing date for account before the changeover date before or on the posting date of balancing,	DEM	EUR	Account is Euro-blocked, meaning it must be changed over before balancing can take place.
Posting date of balancing, before the changeover date before or on the next balancing date for account	EUR	EUR	Account is Euro-blocked, meaning it must be changed over before balancing can take place.
Changeover date before or on the next balancing date for account before the posting date of balancing,	EUR	EUR	Account is Euro-blocked, meaning it must be changed over before balancing can take place.
Changeover date before or on the posting date of balancing, before or on the next balancing date for account	EUR	EUR	Account is Euro-blocked, meaning it must be changed over before balancing can take place.