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CONTROLLING AREA CURRENCY

Former Member
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Hi

What is the meaning of controlling area currency

Why we r using where we r getting output for this

In which situation we r using

Thanks

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
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Hi Kowshik,

The controlling area currency type determines which currency is allowed as controlling area currency and whether the CO area currency can differ from the currency of the assigned company codes. CO area currency is either set by the user or derived from other organizational units.

The assignment control indicator, together with the currency type, determines the controlling area currency and whether to activate or deactivate the Other company code currency indicator. The following settings are possible:

CCde>COArea CrcyType Other Crcy Currency

1 10 inactive -> Company code currency

2 10 inactive -> Company code currency

2 20 active -> Any currency

2 30 active -> Group currency

2 40 active -> Hard currency

2 50 active -> Index-based currency

2 60 active -> Global company currency

You can select currency type 10 only if all company codes assigned to the controlling area use the same currency.

If you select 1 as the assignment control, the system uses the default setting 10 as the currency type.

If you select currency type 40 or 50, the company codes must either be in the same country, or the countries must use the same index-based currency or hard currency.

If you select currency type 60, the company codes must belong to the same company, or the companies must use the same currency.

If you select currency type 20, specify the currency. With currency types 40, 50, and 60, specify the currency only as long as no company codes have been assigned. If company codes have been assigned, the system defaults the currency automatically.

Former Member
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Hi,

In controlling you have to select a controlling area currency. When you are working on one country the company code and the Controling have the same currency.

When you have 1 controlling area and companies with different currecies you have to selecet a currency. In the most cases this is the groep- currency. In the tables are stored company/controlling and document currecy. It is possible to use more controlling area currencies!.

Paul