<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/cri000530" xml:lang="en">
   <Header>
      <Title>Prerequisites for currency initialization</Title>
      <Keyword type="header" order="d1e2133439">
         <Level1>Prerequisites</Level1>
         <Level2>currency initialization</Level2>
      </Keyword>
      <Keyword type="header" order="d1e2133444">
         <Level1>Currency initialization</Level1>
         <Level2>prerequisites</Level2>
      </Keyword>
   </Header>
   <ConceptSection>
      <Paragraph>If you convert to the standard currency system, you must check
		table sharing for tables with amounts expressed in the reference currency. For
		example, if you migrate from a dependent currency system to a standard currency
		system, amounts in reference currency are converted into amounts in local
		currency. Shared tables are converted towards the local currency of the company
		of the physical table. Therefore, if tables share data of companies with <Emphasis>different</Emphasis> local currencies, you must undo table sharing
		and replicate data before conversion. Examples of such tables are tctax017 and
		tffam710.</Paragraph>
      <List>
         <ListIntro>Before you start a currency initialization process, take care
		  of this</ListIntro>
         <ListItem>Ensure that all printed invoices are posted to <GUIRef href="/baanerp/tf" role="package">Financials</GUIRef>, then run these
		  sessions: <List>
               <ListItem> 
                  <GUIRef href="/baanerp/td/sls/tdsls4223m000" role="session">Process Delivered Sales Orders (tdsls4223m000)</GUIRef>
               </ListItem>
               <ListItem> 
                  <GUIRef href="/baanerp/td/pur/tdpur4223m000" role="session">Process Delivered Purchase Orders (tdpur4223m000)</GUIRef>
               </ListItem>
            </List>
         </ListItem>
      </List>
      <Paragraph>If you fail to do so, invoices with status <GUIRef href="/baanerp/ci/domains/sli.stat#printed" role="option">Printed</GUIRef> (in the <GUIRef href="/baanerp/ci/sli" role="module">Invoicing</GUIRef> module)
		that have not yet been posted to <GUIRef href="/baanerp/tf" role="package">Financials</GUIRef>, will remain. The original invoice will
		still be in the old home currency, because the CRI conversion changes the old
		home currency to the new home currency. However, when you reprint the invoice, ERP Enterprise will use the
		new home currency.</Paragraph>
      <List>
         <ListItem> 
            <List>
               <ListIntro>As much as possible, transactions must be finalized before
				you start the initialization process, for these reasons:</ListIntro>
               <ListItem>During internal currency initialization, the currency rates
				between the transaction currencies and the new home currencies defined in the <GUIRef href="/baanerp/tc/cri/tccri7100m000" role="session">CI Rates (tccri7100m000)</GUIRef> session, are copied to the <GUIRef href="/baanerp/tc/mcs/tcmcs0108m000" role="session">Currency Rates (tcmcs0108m000)</GUIRef> session and the effective date is set to the
				initialization date. After that, the currency rates between the transaction
				currencies and the new home currencies with an effective date earlier than the
				initialization date do not exist. Therefore, after internal currency
				initialization you cannot carry out any actions on invoices and other documents
				with a document date earlier than the initialization date.</ListItem>
               <ListItem>No audit data is recorded for non-finalized transactions
				because these are still subject to change. If not all transactions can be
				finalized, you can print the report of non-finalized transactions before or
				after the initialization process, depending on your audit needs.</ListItem>
               <ListItem>Financial batches containing intercompany transactions must
				have been finalized in any case.</ListItem>
            </List>
         </ListItem>
      </List>
      <List>
         <ListItem>All non-modifiable batches in <GUIRef href="/baanerp/tf" role="package">Financials</GUIRef> must be
		  finalized. If this is not the case, the conversion process is aborted. If you
		  run a trial conversion process, the error log includes any non-finalized
		  batches.</ListItem>
         <ListItem>The ledger accounts and related data required for posting
		  rounding differences and for dual accounting during the CRI process, must be
		  specified in the <GUIRef href="/baanerp/tf/gld/tfgld0508m000" role="session">Chart of Accounts (tfgld0508m000)</GUIRef> session.</ListItem>
         <ListItem>Before you start currency initialization, always generate a
		  backup for safety reasons.</ListItem>
         <ListItem>You can only reverse currency initialization by reinstalling
		  the backup.</ListItem>
         <ListItem>If currency initialization stops due to a failure, you must
		  reinstall the backup to recover the tables.</ListItem>
         <ListItem>When the currency initialization process is completed, generate
		  a new backup. The amount of transactional data will be very large, for which
		  reason a roll forward of the currency initialization would be too costly in
		  case of a recovery.</ListItem>
      </List>
   </ConceptSection>
</ManualTopic>