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TEILNEHMENDE_WAEHRNG - Define Participating Currencies for Euro Changeover

TEILNEHMENDE_WAEHRNG - Define Participating Currencies for Euro Changeover

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In this IMG activity you define the participating currencies for European Monetary Union.

Define one target currency (for example EUR) and the euro subcurrencies.

In the Loans Management area, you can only convert the contract currency for a loan to the euro if the contract currency is one of these currencies.

Basket currencies Target currency
DEM
EUR X
NLG

EUR

You must have defined the currencies under Currencies.

EUR

To convert the contract currency in Loans Management, you must define the rates as fixed on the conversion date.






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