| # Currency-initialization scenarios Eleven currency-initialization scenarios support the conversion from each type of currency system into one of the other currency systems. The following table shows the currency system conversion types that are supported. Conversion of an independent multicurrency system into a dependent multicurrency system and vice versa, is not supported.
Currency initialization scenarios
From To | Single currency system | Dependent multi-currency system | Independent multi-currency system | Standard currency system
Single currency system | Change the local/reference currency | Change the local/reference currency. Remove the reporting currencies | Change the local/reference currency. Remove the reporting currencies | Not supported
Dependent multicurr. system | Change the local/reference currency Add reporting currencies | Add, remove, or change any of the home currencies. Change the ref. currency | Not supported | Not supported
Independent multicurr. system | Change the local/reference currency Add reporting currencies | Not supported | Add, remove, or change any of the home currencies. Change the ref. currency | Not supported
Standard currency system | Change the local currency. Add reporting currencies. Change the ref. currency | Add, remove, or change any of the home currencies. Change the ref. currency | Add, remove, or change any of the home currencies. Change the ref. currency | Add, remove, or change any of the home currencies. Change the ref. currency. Change the translation method for a reporting home currency
Currency initialization basically consists of initializing currencies and currency amounts. Additional data related to the currencies and currency amounts, such as rates, rate factors, and amount limits, is also converted. This chapter describes only the requirements for conversion of the currencies and currency amounts. The conversion of the additional data is the same for each conversion scenario. Different conversion rules apply to the fields that are involved in CRI depending on the field type. For example, different rules apply to converting amounts, currency rates, rate factors, and rate determiners. See "Conversion Rules" for details of the conversion rules. |