Foreign Currency Transaction

The base currency conversion converts and updates foreign currency amounts differently, depending on whether the original transaction (before the conversion) is the currency of the new base currency.

This list discusses how the currency of a transaction affects the conversion:

• For a foreign currency transaction that is not in the new base currency, the base currency conversion converts and retains amounts in the F0911 table as follows:

  • Converts the original domestic amount in the AA ledger to the new base currency, based on the exchange rate in the F0015 table.

  • Retains the original foreign currency amount in the CA ledger. However, the conversion program changes the rate on the record to a calculated rate instead of retaining the original F0015 rate.

    Note: After the base currency conversion, the currency code in the CRCD (Currency Code - From) field in the F0911 table does not change to the new base currency code. The CRCD field retains the currency code of the original transaction.

• For a foreign currency transaction that is in the new base currency, the base currency conversion converts and deletes amounts in the F0911 table as follows:

  • Moves the original foreign currency amounts into the AA ledger.

  • Deletes the original foreign currency amount in the CA ledger because the new amount in the AA ledger is stated in the new base currency.