Activate parallel currency in a company

I need to activate parallel currency in a company which is already in production. Anybody knows how to proceed??
thanks,
Cecilia

Hi,
Last year, I have worked on a similiar requirement. The requirement is to activate the group currency as the second currency in the system for a company which is already in the production environment. We have done quite detailed analysis to do it. Our plan was:
At one point of time before we bring the new configuration for parallel currency into production environment, temporarily make the balance of all accounts (open item, non open item) ZERO, then clear the open items, transport the configuration of parallel currency and bring back the account balances with not only at local currency level but also at group currency level. The company subject to change was a medium sized company and they agreed to only see the balances after the conversion. We shared our plan with SAP to understand if they would give support to usin any case if we face with a problem. Then they told us that that type of conversions can only be done by a special consulting team within SAP AG itself. Any change done and caused a problem in the production environment will not be supported by SAP.
As a result, instead of getting this special consultancy, we have decided to create a new company code with parallel currency activated and make it live at the beginning of the fiscal year and transfer the opening balances to the new company code.
You can contact with SAP to get more information about their conversion for a live company code. But my advise is it is not that much easy to activate this functionality when you are live. So be careful, take your time, share the company detail (which modules are in production, what is the volume of data vs.) with SAP and get their feedback.
Good luck.
Aysegul Gumus

Similar Messages

How to delete the parallel currency of Company code

Hi,
I am facing some problem with parallel currency.now i need to delete the parallel currency.
kindly tell me the process to delete the parallel currency in the company code.
Thanks
Kishore

Additional currencies' assignment to company codes can be changed using transaction OB22.

Parallel Currency per Company Code

Hello everybody,
Please, tell us which can be the problems of not configuring a parallel currency for a company code. By definition, we are not taking in account this configuration but we are afraid of the future problems.
Thanks in advance.
Fernando.

If you don't need parallel currency at present, there's no need to configure it. Why should that be a problem, as long as your Business needs are not relevant to using a parallel currency?
I suspect your actual query is details regarding the future problems that you might face when, faced by changed Business scenarios, you are forced to introduce parallel currency at a future date
If my suspicion is correct, I suggest you look at SAP Note 39919. It's an old note - but one that I've found contains quite relevant tips and tricks about introducing parallel currency in a productive environment.
Remember to assign points if found useful.
Regards,
Gulshan

Parallel Currency de-activation in OB22

Hello :
We have a few company codes which have been activated for parallel currency in OB22. Documents have been posted to these company codes via a batch input program as these company codes are not yet on SAP
Later we realised that parallel currencies were not needed for these company codes. We want to de-activate parallel currency postings for these company codes. Are there any steps or procedue to be followed to accomplish this task ?
Any insight would be highly appreciated.
Regards,
Jay

Paralle ledger activation in the middle of the year is very dangerous for the previously posted open items.
At the time of clearing system try to post the entries in the parallel ledgers. But parallel ledger not available in the previous postings.
It will result adverse results in most of the transactions.Please check and take necessary action

Parallel currency in company code require material ledger activation

Hello,
I have a requirement where the company is using parallel currency in NEWGL concept with two different currencies INR and USD.
I want to have a clarification whether I Need to activate Material ledger with parallel currency.
1. Company is using parallel currency with only one legal valuation view.
2. There is no requirement for product costing in the company.
Can the balance in general ledger can be seen in both currency for inventory balances.
Awaiting for your inputs
Thanks

If you don't need parallel currency at present, there's no need to configure it. Why should that be a problem, as long as your Business needs are not relevant to using a parallel currency?
I suspect your actual query is details regarding the future problems that you might face when, faced by changed Business scenarios, you are forced to introduce parallel currency at a future date
If my suspicion is correct, I suggest you look at SAP Note 39919. It's an old note - but one that I've found contains quite relevant tips and tricks about introducing parallel currency in a productive environment.
Remember to assign points if found useful.
Regards,
Gulshan

Deleting parallel currency not base currency in company code

Hi Guys,
I want to delete parallel currency not base currency in company code. We defined the new currency ZWP and our base currency is ZWD. I am able to delete through SPRO but in CO its saying we cannot change currency code again. Is there a way to go around the problem?
Best regards,
Stitch

Dear:
Check out currency assigned to the co code in OBY6.
Regards

Issue with Asset Managemenet (parallel Currencies)

This message is from my customer:
Capital investments are kept in Asset Managemenet (FI-AA), balances are integrated part of FI-GL, shown on respective accounts.
Within AM, multiple valuation areas exists, as an asset underly different rules, depending of it's accounting (book) value and tax value etc.
Therefore, we have one area (01) representing the book value, - which is also the GL-balance. In addition, AM keep another area (10) representing the tax value.
Finally, we have a third area representing the difference between Tax and book, (called 'delta'), and these values are posted to GL as 'more/less depreciation', enabling us to report both 'Accounting books' and 'Norwegian tax books'. This 'delta posting' is part of standard, monthly depreciation run.
We have a challenge in the case were we have USD as functional currency, in an entity registrated as Norwegian a/s.
Norwegian tax authorities require the tax values of the depreciation to be based on historical NOK-investments. Both FI-GL and FI-AA support the parallel currency
accounting, but not when it comes to the handling of the 'delta-values'. In this case, the initial investments are kept in histotical NOK in AM, and in AM the NOK-investment is depreciatied in the tax area. However, when the delta-posting is done, this is done in USD only (based on area 01 and 10), and the parallel NOK-value of this transaction is translated based on exchange rate on transaction date, NOT the historical NOK-value. The consequense of this is that the tax-books in NOK is incorrect, and there is a need to do manual adjustments, based on tiresome spreadsheet calculations.
Now: is this the only way SAP handles parallel currencies in AA/AM? No way to configure it to use historical exchange rates at all?
If this cannot be changed within SAP, has anyone else solved this kind of problem and might help me getting started?

Hello!
Does someone have answers to this:
From SAP Help:
The central procurement and processing of data for an asset takes place
in the logical database ADA in the FI-AA component. One of the functions
that is carried out in the database is currency translation. Currency
translation for a currency that is different from the company code
currency is carried out according to a translation method that you
define in FI-AA Customizing.
Where do i find this customising?
If the parameters of this standard translation method do not meet your
needs, you can define your own individual translation method using this
SAP enhancement.
Activities
Follow the procedure outlined below:
<b>
1. Activate enhancement project AMGS_001.
2. Modify function module EXIT_SAPLAMGS_001. Enter your own code in the
    included program ZXBADU03.
    When the enhancement project is active, the system uses the function
     module at the corresponding positions in the logical database.
3. Define a translation method in FI-AA Customizing (Information
      System) that uses translation date 3 (own translation).
</b>
Parameters
The following transfer parameters are available for function module
EXIT_SAPLAMGS_001:
o   I_AMOUNT (amount in local currency)
o   I_ANLAV (master data for the asset)
o   I_AFABER (depreciation area)
o   I_BERDATUM (report date)
o   I_UMVAR (translation method)
The translated amount is expected as a return value in the field
E_AMOUNT. This value is then transferred to the respective report.
This looks promissing But has anyone tried this exit, EXIT_SAPLAMGS_001?
Will it work for me?
-Helge-

Parallel currency valuation for material management

Dear all,
My comapny is maintaining parallel currency in company code in new GL, does this impact material management also.
Should we need to activate material ledger for parallel valuation in material management, but the company is not actually into production but it still require activation of material ledger.
Regards,

Hi Shilpa,
How I understand it using the U.S as my example:
In the first transaction code, in other words, F.05 or FAGL_FC_VAL are used if the currency in the transaction is not the same as the local currency of the company. For instance, U.S GAAP mandates companies to report their financial statements in local or functional currency. So let's say the transaction currency for a U.S company code is/was GBP. However, GBP is not the local currency of the U.S company code so you would to have perform foreign currency valuation with any of the above named transaction codes using the exchange rate of the key date specified at the time of the valuation. This valuation will then give you a gain or loss as a result of differences between the original amount and the revaluated amount.
The second transaction code FAGL_FC_TRANS valuates the balances or additional currencies. But to be able to run this second transaction code, you would first have to perform FAGL_FC_VAL or F.05 first (this is a prerequisite).
So even if you are to perform currency translation, you will still need to run FAGL_FC_VAL first.
Regards,
Elias

Purchase price variance line item - not to be posted in Parallel currency

Hi All,
Scenario:
Transaction currency - SGD
Local Currency - INR
Parallel Currency 1 (LC2) - Group currency - USD
Parallel Currency 2 (LC3) - Global Company currency - INR
Import PO - MIGO - MIRO
PO is raised in foreign currency.
Material master price control is maintained in 'S'.
While doing MIGO, I am getting following accounting entries:
Stock a/c Dr.
GR/IR a/c Cr.
Price variance* a/c Dr.
*The price varaince is because of difference in my material price as per material master and PO.
If I go and check in FBL3N, I can see all the line items in Transaction, Local currency and 2 Parallel currencies.
My query is, In SAP is it possible to avoid Price variance line item posting to Parallel currencies.
To my knowledge I know that it is not possible to avoid a single line to post it to Parallel currencies.
Thanks in advance.

This is the answer from OSS
Dear Customer,
the system works as designed.
When Material Ledger is activated, price differences are always
generated under the circumstances you have described. The reason is
that when material ledger is activated, price differences must not be
included into the stock changes value, otherwise the system would
not be able to calculate an actual price.
When Material Ledger is activated, the customizing setting
for handling price differences in the subcontracting process has no
effect.
Best regards,
Santiago Lorite
AGS Primary Support, Business Suite & Technology u2013 Logistics

Parallel currencies in Asset

Hello
In our case Legal valuation & Profit Centre valuations are active with currency INR. In the Depreciation areas for Asset account, I have copied reference 0IN and I have kept two depreciation areas 01 (book) & 15 (tax). However, while trying to post in Asset accounting, system is giving error:
" Company code 1000 manages parallel currencies in Asset Accounting. For each area that posts automatically online to FI, you have to define one dependent depreciation area that adopts both identical values and depreciation terms from depreciation area 01, and which is assigned to currency type 12 and currency INR. There is no depreciation area of this type defined for depreciation area 01."
I am not able to get which depreciation area I should maintain for this in the Chart of Depreciation. Please help me.

Hello,
You got the error message AC496 because your company code is defined with additional local currency(ies) in FI (see table T001A).
As the message AC496 states, in this case you have to define one   dependent depreciation area that adopts both identical VALUES and   depreciation TERMS from depreciation area 01, and which is assigned to currency type 12 and the currency.
Asset Accounting > Valuation > Currencies > Specify the Use of Parallel Currencies
Check if the Chart of Depreciation (which is assigned to your company code) has no depreciation area which is assigned to another currency type.
Make sure that the 'idetical' flag has been on for your specific depreciation area.
T093A like it should be, when depreciation area XX should be the parallel depreciation area:
AFABE WRTAFB PARAFB XWRTID XINDID AFARFO XUMHIS CURTP
01     00     00                                               ZZZZ
15     01     00                                               ZZZZ
XX    01     01          X      X                           ZZZZ   X                 12
You need definetely one area with currency type 12.
Otherwise you cannot post anything to asset books.
Best regards Bernhard

Creation of depreciation area for posting of parallel currencies postings

while i am posting f-90 asset e. auqsiation its giving error massage
"Customizing inconsistency (contact your system administrator)
Message no. AC496
Diagnosis
Company code BP01 manages parallel currencies in Asset Accounting. For each area that posts automatically online to FI, you have to define one dependent depreciation area that adopts both identical values and depreciation terms from depreciation area 01, and which is assigned to currency type 60 and currency INR. There is no depreciation area of this type defined for depreciation area 01.
Procedure
Check your Customizing settings."

Hi Venkat,
Create a New Depreciation area with APC Values and Depn values identical to Value 01.
Then goto valuation> currencies
Specify the Use of Parallel Currencies> and assign the currency type and valuation view to the new depn area. tick the identical values
then goto
Define Depreciation Areas for Foreign Currencies> give the parallel currency against the depn area
Now try doing the transaction.
Please revert back if you still have any issues.
Thanks,
Vamsi

Material master upload with Parallel currency

Hi,
I have done a good research on this forum to solve my issue. Could not find any and hence starting a new post. Hope to find a solution. Helpful answers will be rewarded.
Our company is using Parallel Currency (Hard Currency).
Whenever a material is created, the Hard currency is calculated automatically in Accounting 1 view
My query is:
While uploading the material master using RMDATIND, is there any way we can overwrite the Hard currency? I could not find any suitable fields to fill this value.
Alternatively i am thinking of using BDC on MM02 to change the Price unit and BDC on MR21 to change the standard price of the hard currency. Which seems very cumbersome.
Any good solution will be appreciated.
thanks in advance.

hi thr...
i tried searching ur query and founf this material
www.ficoexpertonline.com/search.cfm?session=&q=variances&fco=yes&page=2
letsc if it helps...
do reward and get bak if need any other help...

Foreign Currency Revaluation for company code with multiple currencies

My company code has the following parallel currencies:
company code currency - USD (10)
group currency - CAD (30)
index currency - USD (50)
transaction currency - CAD
When I execute F.05 for valuation of CAD open item in currency code 10, the program only posts adjustments to the company code currency 10; no postings to
index currency 50. As a result, my Revaluation document does not have balanced company code currency and index currency.
For example:
Open item                     = CAD 1,000
company code currency = USD 990
group currency              = CAD 1000
index currency              = USD 990
Revaluation adjustment = USD 5
This adjustment is only posted at company code currency; no posting for Index currency.
As a result, company code currency is USD 995 but index currency remains at USD 990.
Pls. advise corrective measures.
Thanks!

Currently, I have the following settings:
Chart of Accounts           xxxxx
GL account                    xxxxx
Currency                        blank
Curr type                        blank
F.05 calculates foreign currency adjustment based on above. I tried your proposed solution, and added new entries for currency USD and curr types 10 & 50, but still the program does not post to curr 50, only to curr 10.

FI Parallel currency

Hi,
Please explain about the use of parallel currency.
As I understand, if we define parallel currency in FI, every posting will be post in transaction currency, local currency and additional currency. If we are looking at financial statement, the value shown in additional currency is it based on valuation of each transaction or is it valuation based on final value in local currency then converted to additional currency?
If we are using additional currency, do we have to implement material ledger?
what other effect additional parallel currency cause?
thank you.

Hi,
please review the following:
Group currency
Group currency is the currency which is specified in the client table or
which is to be entered there.
Hard currency
Hard currency is a country-specific second currency which is used in
countries with high inflation.
Also customers usually used the second local currency is the Group
currency and the third is the hard currency: the group currency is the
currency that the holding (Company) usually uses to do the consolidation
balance among all the company codes; the hard currency is the foreign
priviledge currency that can be used to do international payments or
monetary reserve.
I hope this helps You further.
Mauri

Currency revaluation in Parallel Currency

Hi,
Having set up parallel currency (currency type 40) in FI and FI-AA. Local Currency is CNY; Parallel Currency is USD.
As soon as a time lag exists between two activities i.e. incurring costs in January - settlement and capitalize costs in March a different translation rate is applied to CNY/USD. Therefore a difference in USD incurrs.
Is there a way to revaluate parallel currency differences within standard SAP?
Is there a way to post clear this difference manually in the parallel ledger in USD without influencing the main ledger in CNY?
Technical infos: SAP ECC 6.0 without new G/L

Hi,
first of all, you cannot avoid this differences, but this is completely OK.
Of course you can revaluate in currency type 40. The posting would be then like this:
(original account to be revaluated vs. P/L gain/loss account):
Amount in doc.currency = 0 xxx
Amount in company code currency (CT 10) = 0 CNY
Amount in hard currency (CT40) = xxx USD.
So only the items / balances in CT40 are changed, no impact on CNY.
HOw to achieve this: either you run F.05 (SAPF100) for currency type 40 (recommended) or you post manually in F-05, this transaction allows you to enter the value of 0 in any amount field (at least 1 amount, in this case, CT40 USD amount, must be of course greater than zero) without converting the doc.currency and/or local currency amounts immediately.
Hope that helps, points welcome
Csaba

Activate parallel currency in a company

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