European Union Members (00/EU)

Each European Monetary Union (EMU) member currency must be set up in UDC table 00/EU.

The User-Defined Codes form (00/EU) contains default currency codes and effective dates when the country joins the EMU. Verify the existing values and ensure that a valid currency code exists for the euro (EUR).

The Special Handling Code field is a text field, not a date field. You must enter the effective date in this format, regardless of the date preferences:

DD/MM/YYYY

Each currency has an effective date, which enables you to enter existing EMU currencies now and, at a later time, add other currencies that join the EMU. Enter the effective date for a currency in the Special Handling Code field on the User-Defined Codes form (00/EU), as shown:

Codes

Description 01

Description 02

Special Handling

Hard Coded

EUR

Euro

E - Electronic Format Euro

January 01, 1999

N