Understanding the Preconversion Tasks
Before you run the base currency conversion, you must complete the preconversion tasks. The preconversion tasks consist of processing and updating all transactions and ensuring that the data contains as few errors as possible. Remember that the conversion programs convert records in all batches, regardless of their status. Posted batches, as well as batches in error and unposted batches, are converted. To ensure that you convert all of the records and batches that you need to convert, make sure that you complete the preconversion tasks.
Complete only those preconversion tasks that apply to the programs and systems that you use. For example, if you do not use localization programs, do not complete the preconversion tasks for Localization. Similarly, if you do not use bank statement processing, do not complete the two preconversion tasks for reconciliation.