| Calculation Group Details (tffst0121m000) |  |
| Use this session to maintain the calculation group's financial companies and associated currencies. For a standard currency system, you can only select Reporting 1 or Reporting 2 if the statement currency matches the reporting currency. If the statement currency is not one of the home currencies, ERP LN uses the local currency for its calculations. You cannot link a calculation group to a statement where the reporting currency specified in the Report from Currency Position field does not match the statement currency. Example 1 For a standard currency system: For company 290, the local currency is EUR, Reporting 1 is EUR, and Reporting 2 is USD. The statement currency is DKK. In this case, it is not allowed to use a calculation group where, for company 290, Reporting 1 is defined as EUR. As a result, a calculation group must be used for which the local currency is defined in the Report from Currency Position field. The statement currency is EUR. In this case, you can link a calculation group where the Report from Currency Position is the local currency or the Reporting 1 currency. Example 2 For a dependent currency system: For company 550, the local currency is EUR (also the reference currency), Reporting 1 is INR, and Reporting 2 is GBP. The statement currency is DKK. If in the calculation group Reporting 2 is selected, ERP LN uses the GBP to calculate, for example, debit transactions for a given period, via the reference currency (EUR) to the statement currency (DKK). As a result, ERP LN performs two currencies calculations: GBP -> EUR EUR -> DKK Related topics Currency systems Financial statements - overview
Fields | Description
Calculation Group | A set of financial companies that indicates the currency that must be used for each company in financial statements. The currency can be one of the following: The company's local currency Reporting Currency 1 Reporting Currency 2
Financial Company | A company that is used for posting financial data in Financials. You can link one or more enterprise units from multiple logistic companies to one financial company.
Report from Currency Position | The currency to be used. Select from: Local Currency Reporting 1 Reporting 2
Report From Currency position | The currency code and description.