Understanding As If Currency Processing

Regardless of whether you enter a voucher in a domestic or foreign currency, you can review amounts as if they were entered in a different currency.

To review amounts in an as if currency, you must enter a default currency code and an exchange rate date in the processing options for the Supplier Ledger Inquiry program (P0411). This activates the As If Currency Code field on the Supplier Ledger Inquiry form.

The system retrieves the corresponding exchange rate from the F0015 table and calculates the as if currency amounts based on the base (domestic) currency of the voucher. For example, assume that you enter foreign currency vouchers for a supplier in U.S. dollars (USD) and the company base currency is Canadian dollars (CAD). You want to review the voucher amounts as if they were entered in the euro (EUR). The system retrieves the CAD to EUR exchange rate from the F0015 table to calculate the as if amounts in EUR.

The As Of Date field on the inquiry form works in conjunction with the As If Currency field. The system calculates open amounts for the as if currency based on the as of date.

If a payment has been applied, the system compares the as of date with the GL date of the payment to determine the voucher amount that was open as of that date.