| # 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, 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, 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, LN performs two currencies calculations: GBP -> EUR EUR -> DKK Related topics Currency systems Financial statements – overview 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 these: 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. |