You can edit the currency types and currency conversion settings that you use in Accounting. Furthermore, you can define the corresponding ledger settings and assign accounting principles for ledgers and company codes.
To supplement the standard SAP currency types (document currency 00, company code currency 10, controlling area currency 20, group currency 30, etc.), you can also create your own currency types.
Only one ledger can be designated as the leading ledger.
There are two types of ledger:
- Standard Ledger
A standard ledger contains a full set of journal entries for all business transactions.
- Extension Ledger
An extension ledger is assigned to a standard ledger and inherits all journal entries of the standard ledger for reporting. The underlying ledger must be a standard ledger. Postings made explicitly to an extension ledger are visible in that extension ledger but not in the underlying standard ledger. This concept can be used to avoid duplication of journal entries if many business transactions are valid for both ledgers and only a few adjustments are required in the extension ledger.
- Company codes are created and configured with currency, fiscal year variant, and open period variant.
- Controlling areas are configured with currency type and fiscal year variant.
- Company codes are assigned to controlling areas.
- Upgrades: Migration of ledger Customizing is completed.Related Content
- The standard currency types are listed in the Currency Types view.
Note: If you are using transfer prices, the following additional currency types are available for the different valuation views: legal valuation (last digit -0), group valuation (last digit -1), and profit center valuation (last digit -2).
- Ledger 0L is the leading ledger.
- All companies are assigned to the leading ledger.
Define Currency Types and Currency and Conversion Settings
- Currency Types view:
Check your currency settings and create additional currency types if required. Your own currency types can be made up of a combination of letters and digits or of letters only, but must begin with the letter Y or Z, for example Y1, Y2, ZA, or ZB.
For each currency type you add, decide whether you want the corresponding currency conversion settings to be valid globally for all company codes or you want to define the currency conversion settings on company code-level.
You can’t make any changes to the SAP standard currency types Document Currency (00) and Company Code Currency (10). For the other standard currency types, you can define whether the corresponding currency conversion settings are valid globally or on company code-level.
Note: If you are using transfer prices, create the required number of currency types (depending on the valuation methods you need) and select the valuation view you need (legal, group, or profit center valuation). For the currency types with group or profit center valuation, you need to enter the base currency type, meaning the currency type with the legal valuation view on which the transfer prices valuation will be based. For each base currency type there can be only one currency type using group valuation and one using profit center valuation. The base currency type defines the currency key and how the currency type settings are handled (globally or on company code-level).
Depending on whether you selected Global or Company Code-Specific settings to be made for your currency types, proceed with one of the two views below for the currency conversion settings:
- Global Currency Conversion Settings view
For your own currency types, enter the currency into which the conversion is to be made (Currency field), and the currency from which currency conversion is to be made (Source Currency field). In addition, enter the exchange rate type and the date on which the translation is to be carried out (document date, posting date, or translation date). You can also decide whether the currency conversion shall be done in real-time. If you don’t select the Real-time Conversion checkbox, you can do this at period-end closing using the foreign currency remeasurement run.
- Currency Conversion Settings for Company Codes view
For each combination of company code and your own currency types, make your settings as described above.
If you add new currency types to a combination of company code and ledger already in productive use, your system configuration will become inconsistent. Use transaction "Adaption of transactional data for new currency types" (FINS_ADAPT_CTP) in order to update the new currency key to existing transaction data.
In test systems you can add new currency types by first deleting all test data for all company codes of the same controlling area.
Define Ledger Settings
- Ledger view:
Create additional ledgers if required. You can create different currency settings for each ledger.
If you create an extension ledger, be sure to specify the ledger type and the underlying standard ledger for this ledger.
- Company Code Settings for the Ledger view:
Configure company code assignments to ledgers. Assign the currency types needed for each ledger. If you are using transfer prices, there is a dependency between currency types in the company code settings for a ledger - and CO versions.
Configure the fiscal year variant and open period variant for non-leading ledgers. Note that you can’t change the currency and fiscal year variant settings for ledgers/company codes for which postings already exist. Set the Parallel Accounting Using G/L Accounts indicator if you want to use several accounting principles within one ledger.
For each ledger, you can display a detail screen by double-clicking the relevant row.
If you expand the details, you can see whether the general ledger has calculated a currency that is not kept in a particular subledger by approximation. If slight deviations are possible for a particular area, this is indicated by the checkbox “Deviation in <area>”.
Accounting Principles for Ledger and Company Code view:
For each combination of ledger and company code, assign the relevant accounting principle.
If you are using a parallel accounting approach and need to assign more than one accounting principle, make sure that in the Company Code Settings for the Ledger view you have selected the Parallel Accounting Using G/L Accounts indicator. However, the system doesn't evaluate this indicator. It only enables you to double-check whether the number of assigned accounting principles is correct.
Related SAP Note
SAP Note 2246971: Table FINSC_LEDGER_REP not updated correctly