Understanding Plan Exchange Rate Revisions

Before you run an ordered or additional conversion program, you must decide which records you want to convert to the new base currency and what exchange rate to use. Based on that decision, you enter a plan name in the processing option and, if applicable, specify certain criteria in the data selection for the program.

The ordered and additional conversion programs use the plan name to determine:

• The currency to which to convert the records.

• The conversion rate to use when converting the records.

  If there is no exchange rate assigned to the plan, the system uses the exchange rate in the F0015 table if there is a company and currency code from on the record that is being converted.

  Two postconversion programs — Multicurr Interco Conversion (R890911EB) and Price Variable Conversion (R894075EB) — use the exchange rate in the F0015 table regardless of whether there is an exchange rate on the plan.

Depending on the ordered or additional conversion program that you run and the records that you want to convert, you might need to run a program multiple times for a plan and change the plan exchange rate each time.

Before you run an ordered or additional conversion program, you must also decide whether you want to create audit records for the table that the ordered or additional conversion program converts. To change the plan exchange rate and prevent audit records from being created, you use the Conversion Constants (P0087) and Audit Record Maintenance (P0085E) programs.