What to do when an entity starts using EURO instead of Local Currency (not
What do you do when an entity which is using one of the local currencies out there (not EURO) is going to use EURO as their Local Currency soon?
For example: what do you do when you have an entity in a non EURO country but will soon start using EURO? For this purpose you can take a company located in Estonia which has reported in their local currency till today and will report in their local currency until the end of 2010 but starting from 1/1/2011 they will start reporting in EURO. What do you do in such cases?
Do you create a new entity (with similar code) for that entity so the old one stays in LC for archive purposes and the new one is used as of 1/1/2011 or do you do something else? What is the best practice?
Thank you in advance.
Hi,
You have the answer in the following forum thread:
Re: Changing Currency of one Company
The best way is in fact to create a new entity and then operate all steps mentioned in this thread.
Not very complicated, but you should test that on your test environment first, or at least backup all your records, in order to safe-guard the process.
Hope this will help.
Kind Regards,
Patrick
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import javax.swing.*;
import javax.swing.border.*;
import javax.swing.event.*;
import java.awt.Dimension;
import java.awt.geom.Dimension2D;
import java.awt.*;
import java.awt.image.*;
import java.awt.event.*;
import java.util.logging.Level;
import java.awt.event.*;
import java.util.*;
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JButton start;
JButton exit;
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contentpane.add(EastPanel,BorderLayout.EAST);
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contentpane.add(WestPanel,BorderLayout.WEST);
contentpane.add(NorthPanel,BorderLayout.NORTH);
contentpane.add(SouthPanel,BorderLayout.SOUTH);
contentpane.add(CenterPanel,BorderLayout.CENTER);
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rb1.addActionListener(this);
rb2.addActionListener(this);
rb3.addActionListener(this);
_default.addActionListener(this);
exit.addActionListener(this);
start.addActionListener(this);
try
start.addActionListener(
new ActionListener() {
public void actionPerformed( ActionEvent e )
start.setEnabled(false);
CenterPanel.drawCircle();
catch(Exception e)
{System.out.println("Exception is attached with sart button exp = "+e);}
try
stop.addActionListener(
new ActionListener() {
public void actionPerformed( ActionEvent e )
paused=!paused;
if(paused)
start.setToolTipText("Click this button to resume the game");
stop.setText("RESUME");
else
start.setToolTipText("Click this button to pause the game");
stop.setText("PAUSE");
CenterPanel.pause();
catch(Exception e)
{System.out.println("Exception is attached with sart button exp = "+e);}
public void DefaultColorSet()
getContentPane().setBackground(Color.white);
public void actionPerformed(ActionEvent AE)
String str=(String)AE.getActionCommand();
if(str.equalsIgnoreCase("pink"))
CenterPanel.setBackground(Color.pink);
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CenterPanel.setBackground(Color.cyan);
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//repaint();
public void keyPressed(KeyEvent e)
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import java.awt.*;
import java.awt.event.*;
import java.awt.image.*;
import java.awt.Graphics.*;
import java.awt.Dimension;
import java.awt.geom.Dimension2D;
import java.util.*;
import java.util.logging.Level;
import javax.swing.*;
import javax.swing.border.*;
import javax.swing.event.*;
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int x=0,y=0;
int color_1=0;
int color_2=1;
int start=0;
Thread th;
Image red,blue,green,yellow;
java.util.List image;
static boolean PAUSE=false;
public IncludePanel()
red= Toolkit.getDefaultToolkit().getImage("red.png");
blue= Toolkit.getDefaultToolkit().getImage("blue.png");
green= Toolkit.getDefaultToolkit().getImage("green.png");
yellow= Toolkit.getDefaultToolkit().getImage("yellow.png");
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super.paintComponent(g);
draw(g);
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System.out.println("in dec method");
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xx=0;
yy=0;
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g.drawLine(xx,yy,xx,360);
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g.drawImage(green,x,y, this);
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x=0;
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th=new Thread(this);
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PAUSE=true;
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Random rand = new Random();
Thread ani=Thread.currentThread();
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if(PAUSE)
th.suspend();
if(y==330)
color_1 = Math.abs(rand.nextInt())%4;
color_2 = Math.abs(rand.nextInt())%4;
if(color_1==color_2)
color_2=(color_2+1)%4;
y=0;
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y=y+30;
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try
Thread.sleep(700);
catch(Exception e)
}//End of run
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