Company code currency change over

[Former Member]

Dear all,

Want to know information about company code currency changes.

Our company code currency is SGD and now want to change to USD.

Our fiscal year is Jan-Dec and we are in SAP 5.0 version.

Can you let us know whether itu2019s possible to do the change?

If so, how and can we perform this activity in the middle of the year.

How to take care of the open items like PO,SO,Vendor ,Customer, which we have already posted in the system with our SGD currency.

And if not, do suggest and alternate/workaround.

Heard about, that this can be achieved with PARALLEL CURRENCY activation.

Not having much idea about Parallel Currency.

Do suggest.

Regards,

[madhusoodanan_ramachandra · Accepted solution]

Hi,

Changing company code currency is a complicated process, especially with open items.

You can also think of an option to create a new company code and transfer these balances. This would be an easier and straightforward option.

Best Regards,

Madhu

[Former Member · Accepted solution]

That's fine Madhu,we do have that option already.

But what we looking is that whether we can achive the same with SAP stand.program.

We are also thinking about activating PARALLEL CURRENCY,but we dont have much idea on it.

So we are looking for your opinion on our issue.

Do assist.

Regards,

[Former Member · Accepted solution]

Hi All,

Any inputs on our requirement.

Do suggest

Regards

[Former Member]

Closing the call without solution

[Lakshmipathi]

Check these threads which will answer your question

[Change in Company Code Currency|http://www.sap-img.com/financial/change-in-company-code-currency.htm]

[How to change company code currency after psotings have been made |;

thanks

G. Lakshmipathi

[Former Member]

Hi Lakshmipathi,

Thanks for the reply.

But the all the threads are recommending for creation of new company code.

We have that option already,but was looking for some thing where there is no need for us to create a new company code.

Thnaks & Regards.

[dominic_holdstock]

Hi,

A change of the company code currency is possible. The change is only possible as at year end (the actual running of the programms can be done mid-year provided certain customising has been done prior to the first posting in that year).

All items will get changed from old local currency to new local currency.

You can read the documentation in Spro > Cross-Application Components > EMU > Local Currency Changeover.

This is a very complex procedure so be sure to read all the documentatin first.

Kind regards

[Former Member]

Hi Dominic,

Thanks for your reply.

As our company has been started from this fiscal year(2010) and have not more entries in the system at present.

Roughly we can say it will around 1000 entries.

Can you suggest the steps to be followed and pros and cons of currency change over(in the middle of the fiscal year).

Do suggest.

Regards,

[Former Member]

Hi Dominic,

Can you provide some detaiis what do you mean by - the actual running of the programms can be done mid-year

and also - provided certain customising has been done prior to the first posting in that year.

Do provide your suggestion.

Regards,