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Approach for "Change in Decimal Places for Transactional Currency"

Hello,

As per our requirement, decimal place for LBP currency has to be changed from 2 to 0. LBP is transactional currency (not compnay code currency) for AE company codes. Request you to share the detailed approaches(especially migration impact) for this requirement. We don't want to take SAP SLO conversion service.We have already checked relevant Solution as provided in SAP note 434349(Change of decimal places of currencies) as below:


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"For a currency that exists exclusively as a transaction currency or document currency in the system, you only have to rename the currency key to an alternative currency key. You can do so with the SAP SLO conversion service for currency key changes. The conversion occurs for all database tables in which currency keys have been defined. After renaming, you can recreate the now free currency key with another number of decimal places in the system. There is no conversion of the amounts in transaction currency because no reconciliation is possible for processing the rounding differences that may occur. After the conversion, you can handle the alternative currency key via the function of the currencies to be discontinued. This function enables you to still allow postings in this currency for a defined time period to be able to clear open items in this currency, for example. If foreign currency accounts exist, which can be posted exclusively in this alternative currency key, you can change the Customizing for these accounts. In this case, you should redefine the accounts as local currency accounts and you should define a validation for the posting that permits postings in old and alternative currency exclusively."
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Now Queries are on the above solution:-->

1. How to rename an Existing Currency in spro?
2. In case we are able to rename an existing currency, does the conversion occur for all database tables for renamed currencies automatically?
3. If change in decimal place for LBP is successful, how to correct the amount already posted in LBP before this conversion?

Thanks in advance!!!

Soumya

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