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 |