AA Example: Domestic Currency Transaction Before and After the Conversion

Review this example to understand how the base currency conversion converts and updates a domestic-only transaction in the F0911 table. This example provides amounts for the AA and CA ledgers before and after the conversion.

In this example, a company with a base currency of Canadian dollars (CAD) converts to U.S. dollars (USD).

The CAD to USD exchange rate is 0.68231, which is derived from the F0015 table, and the multiplier method is used:

Ledger	Before Conversion	After Conversion
AA	1,000.00 CAD	682.31 USD (1,000.00 CAD) Ã 0.68231
CA	CA records did not exist before the conversion.	1,000.00 CAD

The base currency conversion converts and writes amounts in the F0911 table as follows:

• For the AA ledger, it converts the original domestic amount (1,000.00 CAD) to the new base currency amount (682.31 USD).

• For the CA ledger, it writes a foreign currency amount, which is the original domestic amount before the conversion (1,000.00 CAD).

  Note: For illustration purposes, the table in the example provides amounts and currency codes before and after the base currency conversion. Remember that the conversion does not change the actual currency code in the Currency Code (CRCD) field, but instead retains the currency code of the original transaction.