JD Edwards EnterpriseOne Base Currency Conversion Overview
The base currency conversion consists of programs that convert the base currency of a company to a different base currency. Specifically, these programs:
Convert all monetary amounts in all data tables from the existing base currency to the new base currency, regardless of the batch status of the records in the tables.
Ensure data integrity within a table, when necessary.
Based on user preference, create an audit trail that indicates the original amounts and converted amounts for each converted table.
The programs for the base currency conversion convert monetary amounts and currency codes. As a result, the conversion affects all JD Edwards EnterpriseOne data tables that contain currency codes, monetary amounts, or both.
Depending on the table being converted, the programs for the base currency conversion multiply or divide the domestic or foreign amount by the exchange rate in the Currency Exchange Rates table (F0015) to calculate the new base currency amount.
The programs for the base currency conversion handle rounding the same way as the application programs. For example, if you use soft rounding for transactions in accounts receivable, the accounts receivable conversion programs use soft rounding. If an application program is not set up for rounding, the conversion programs round down amounts less than 0.5 and round up amounts greater than or equal to 0.5.
The results of all conversion programs are final. You cannot run them in proof mode. As with all conversions, you cannot add, change, or delete data while the conversion programs are processing.