Hierarchy
BBPCRM (Software Component) BBPCRM⤷
CRM (Application Component) Customer Relationship Management⤷
CRM_APPLICATION (Package) All CRM Components Without Special Structure Packages⤷
AC (Package) Application Development R/3 Assets: Customizing
IMG Activity
| ID | ORFA_BEW_FREMD_PAR | Specify the Use of Parallel Currencies |
| Transaction Code | S_ALR_87009167 | IMG Activity: ORFA_BEW_FREMD_PAR |
| Created on | 19981222 | |
| Customizing Attributes | ORFA_BEW_FREMD_PAR | Specify the Use of Parallel Currencies |
| Customizing Activity | ORFA_BEW_FREMD_PAR | Specify the Use of Parallel Currencies |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | ORFA_BEW_FREMD_PAR |
For the legal consolidation of your fixed assets, you might only need foreign currency amounts, but not need to use a different basis for valuation (APC/depreciation terms) than is used in the local currency. In this case, you can use the following FI general ledger function:
The Financial Accounting (FI) component provides you with the option to manage all the values of a company code in up to three currencies on the same accounts in parallel. You can define three local currencies for every company code for this in FI Customizing. A local currency is defined by the following specifications:
- Currency type in accordance with the function of the currency (for example group currency)
- Type of exchange rate for the conversion
- Base currency for the conversion and
- Date (for example document date) for the conversion
Even the values that are posted within Asset Accounting can be updated in several currencies and in the same FI document in parallel with the posted amount in local currency in financial accounting. For this, you need to manage a depreciation area with the following features for each currency:
- Currency type and currency of the depreciation area are identical to the corresponding parallel currency in the company code in question.
- The depreciation area must manage depreciation terms and acquisition values identical to the book depreciation area.
The system then automatically supplies the corresponding posting documents with the additional values from these depreciation areas. The areas in the foreign currency do not need to be explicitly posted to the general ledger (according to the posting settings in the definition of the depreciation area).
Note
The system also supports parallel currencies in depreciation areas that do not post online, but which are posted during periodic posting to the general ledger.
When you use parallel currencies to show group valuation and profit center valuation, you should consider the following:
The key that is used in Asset Accounting for the parallel currencies is made up of the combination of the keys for currency type and valuation view that are entered in FI under "Define Additional Local Currencies."
Example
You defined the following additional local currency in FI:
Currency type 30 (group valuation), valuation type 2 (profit center valuation). If you want to enter this currency in Asset Accounting as a parallel currency for a depreciation area, do not enter 30 as the key. Instead choose key 32 (sum of keys for currency type and valuation type).
Requirements
You must have defined your depreciation areas Defining depreciation areas.
Standard settings
The depreciation areas delivered in the standard system do not support any parallel currencies in the general ledger.
Activities
Assign a currency type to the depreciation areas that corresponds to the given parallel currency.
Business Attributes
| ASAP Roadmap ID | 204 | Establish Functions and Processes |
| Mandatory / Optional | 3 | Nonrequired activity |
| Critical / Non-Critical | 1 | Critical |
| Country-Dependency | A | Valid for all countries |
Assigned Application Components
| Documentation Object Class | Documentation Object Name | Current line number | Application Component | Application Component Name |
|---|---|---|---|---|
| SIMG | ORFA_BEW_FREMD_PAR | 0 | HLA0001323 | Group Valuation Areas |
Maintenance Objects
| Maintenance object type | C | Customizing Object |
| Assigned objects | ||||||
|---|---|---|---|---|---|---|
| Customizing Object | Object Type | Transaction Code | Sub-object | Do not Summarize | Skip Subset Dialog Box | Description for multiple selections |
| VV_T093A_CURTP | V - View | SM30 | 0000000001 | Depreciation Area: Currency Type |
History
| Last changed by/on | SAP | 20050623 |
| SAP Release Created in |
