Converting from a currency other than LC

Question

Hello,
We have a customer application where we store not only amount in LC but also the amount in Invoice Currency ("IC").  For example, we invoice customers in a currency other than our company code's local currencies.  We have a requirement to convert actuals into USD and EUR by taking IC not LC.  I have created a new category for this ACTBUD and have gotten it working for LC.  I want to get it to work starting IC as the base currency.  All the documentation I have read says that BPC uses LC as the default for currency translation.
Does anyone know if this can be changed?
Thanks,
Mark

Answer 1

Here you go...we have four different reporting currencies:
IC = invoice currency or document currency.
LC = Local Currrency
USD = USD or Group Currency
EUR = Our EU users have requested that we also track Euros translated at budgetd rates.
The below code translates LC, USD and EUR from IC for all categories but Actual.  Our actuals we get directly from our SAP system.  We created a new category called ActBud and then translate the other reporting currencies from IC.  It works pretty well.
// FX Translation for any data in the Customer application
// Added following line for performance
*PROCESS_EACH_MEMBER=TIME
*SELECT (%FX_RATES%, "[ID]", "RATE", "[GROUP] = 'FX RATE'")
// Block 1 - Clear out any previously calculated USD and EUR values, for all categories but Actual.
*XDIM_MEMBERSET DATASRC=COMPANY
*XDIM_MEMBERSET RPTCURRENCY=USD,EUR,LC
*XDIM_MEMBERSET INTCO=<ALL>
*WHEN CATEGORY
*IS <> "ACTUAL"
    *WHEN CUSTACCOUNT.RATETYPE
    *IS <> "NOTRANS"
        *REC(FACTOR=0)
    *ENDWHEN
*ENDWHEN
*COMMIT
//Block 2 - Perform standard foreign currency translation, for all categories but Actual.
*XDIM_MEMBERSET DATASRC=COMPANY
*XDIM_MEMBERSET INTCO=<ALL>
*XDIM_MEMBERSET RPTCURRENCY=IC
*LOOKUP RATE
    *DIM RATESRC="RATECALC"
    *DIM RATE=CUSTACCOUNT.RATETYPE
    *DIM SOURCECURRENCY:INPUTCURRENCY=INVOICECURRENCY
    *DIM TARGETCURRENCY_LC:INPUTCURRENCY=ENTITY.CURRENCY
    *DIM TARGETCURRENCY_USD:INPUTCURRENCY="USD"
    *DIM TARGETCURRENCY_EUR:INPUTCURRENCY="EUR"
*ENDLOOKUP
//*XDIM_MAXMEMBERS TIME=1
*WHEN CATEGORY
*IS <> "ACTUAL"
    *WHEN CUSTACCOUNT.RATETYPE
    *IS "NOTRANS"
    *IS %FX_RATES%
        *REC(FACTOR=LOOKUP(SOURCECURRENCY)/LOOKUP(TARGETCURRENCY_USD),RPTCURRENCY="USD")
        *REC(FACTOR=LOOKUP(SOURCECURRENCY)/LOOKUP(TARGETCURRENCY_LC),RPTCURRENCY="LC")
        *WHEN ENTITY.EURO
            *IS "Y"
            *REC(FACTOR=LOOKUP(SOURCECURRENCY)/LOOKUP(TARGETCURRENCY_EUR),RPTCURRENCY="EUR")
        *ENDWHEN
    *ELSE
       *REC(RPTCURRENCY="USD")
       *REC(RPTCURRENCY="LC")
       *WHEN ENTITY.EURO
            *IS "Y"
            *REC(RPTCURRENCY="EUR")
        *ENDWHEN
    *ENDWHEN
*ENDWHEN
*COMMIT