SAP ABAP IMG Activity SIMG_CFMENUORFBOB22 (Define Additional Local Currencies)

Hierarchy

☛ BBPCRM (Software Component) BBPCRM
   ⤷ CRM-MD-BP (Application Component) Business Partners
     ⤷ FB0C (Package) Financial Accounting customers

IMG Activity

ID	SIMG_CFMENUORFBOB22	Define Additional Local Currencies
Transaction Code	S_ALR_87004369	IMG Activity: SIMG_CFMENUORFBOB22
Created on	19981222
Customizing Attributes	SIMG_CFMENUORFBOB22	Define Additional Local Currencies
Customizing Activity	SIMG_CFMENUORFBOB22	Define Additional Local Currencies

Document

Document Class	SIMG	Hypertext: Object Class - Class to which a document belongs.
Document Name	SIMG_CFMENUORFBOB22

In this activity you can define additional currencies per company code which you would like to manage parallel to the local currency. In this case, you can choose between:

• Group currency

  Group currency is the currency which is specified in the client table or which is to be entered there.

• Hard currency

  Hard currency is a country-specific second currency which is used in countries with high inflation.

• Index-based currency

  Index-based currency is a country-specific fictitious currency which is required in some countries with high inflation for external reporting (for example, tax returns).

• Global company currency

  Global company currency is the currency which is used for an internal trading partner.

For the additional currencies, define the following data:

• Currency type

  The currency type specifies the role of the additional currency. An example of this would be the group currency.

• Exchange rate type for translation

  The exchange rate type determines which exchange rate stored in the system is used for calculating the additional amount fields. As with the local currency, you can use the exchange rate type M (average exchange rate) or any other exchange rate type.

• Base currency for translation

  The amounts in the additional currencies can be calculated based on the document currency or on the local currency.

• Date for translation

  For translating amounts, the exchange rate can be determined according to the translation date, the document date or the posting date.

Caution

You may not change the currency type once company codes are productive.

Activities

1. First define one or two currency entries in addition to the first local currency.
2. The group currency must be stored in the client.

   You must store the global company currency in the internal trading partners to which the currency is to apply. To do this, branch to the detail screen of the relevant company.

3. If you want to use the country-specific currencies "Hard currency" or "Index-based currency" as additional currencies, you must enter the currency in the countries to which the currency is to apply. To do this, branch to the detail screen of the country in question.
4. You can define a line layout variant for the line item display of the amounts in the additional currencies. For more information on line layout variants, see Define Display Format

Note

If you manage additional currencies, you can change the default settings in the "Automatic posting" activity. In this activity, you define the numbers of the accounts to which exchange rate differences are automatically posted for the valuation of open items and foreign currency valuations. The account determination when valuating the open items and when posting exchange rate differences can be set here depending on the currency type. You can thus distinguish the accounts by currency type. Gains and losses from exchange rate fluctuations are then posted to separate accounts for the individual currency types, for example, local currency or group currency.

In the default settings, the specification of the currency type is missing for all entries. If you want to vary the account determination depending on the currency type, replace the entries for which no currency type exists with entries specifying the currency type.

For more information, see Prepare Automatic Postings for Foreign Currency Valuation

Additional information

The amounts in the additional currencies are stored in the documents and updated in the General Ledger. The group currency, like the document currency and local currency, is updated in the predefined ledger "00".

If you manage additional currencies other than the group currency, you must specify in which ledgers the currency amounts are to be updated. The corresponding default settings are to be made in the Special Purpose Ledger. For more information, see the relevant Implementation Guide.

Business Attributes

ASAP Roadmap ID	203	Establish Master Data
Mandatory / Optional	2	Optional 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	SIMG_CFMENUORFBOB22	0	HLA0006522	Foreign Currency Accounting

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
V_T001A	V - View	SM30	9999999999	☐	☐	Define Additional Local Currencies

History

Last changed by/on	SAP	19981222
SAP Release Created in