Foreign Currency Transaction

The base currency conversion updates alternate currency ledgers differently, depending on whether the original transaction (before the conversion) is in the currency of the new base currency.

For a foreign currency transaction that is in the new base currency, the conversion program:

• Updates the AA ledger base currency amount with the original foreign currency amount from the CA ledger.

• Deletes the original foreign currency amount in the CA ledger.

• Retains the original alternate currency amount in the XA ledger; however, the conversion program changes the rate on the record to a calculated rate between the converted AA amount and the XA amount.

• Deletes the ZA ledger record.

• Writes a YA ledger record, which is based on the AA amount and calculated rate.

For a foreign currency transaction that is not in the new base currency, the conversion program:

• 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 between the converted AA amount and the CA amount.

• Retains the original alternate currency amount in the XA ledger; however the conversion program changes the rate on the record to a calculated rate between the converted AA amount and the XA amount.

• Retains the original ZA amount; however the conversion program changes the rate on the record to a calculated rate between the converted AA amount and the ZA amount. This rate is the same as the AA to XA rate.

  Note: After the base currency conversion, the currency code in the CRCD 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.