Domestic Euro Currency Conversion

This utility changes the base domestic currency to the Euro and converts all monetary amounts and exchange rates expressed in your domestic national currency, including history records.

Caution: Conversion to the Euro is not reversible. Before running this utility, perform a complete database backup. This step is an important safeguard in the event the conversion process does not complete successfully.

If you are setting up the system for the first time, you can simply select the Euro as the Domestic Currency when you install the system. Otherwise, you must use the Domestic Euro Currency Conversion utility to change the domestic currency to the Euro and convert all related records.

After you run this utility, if this site is enabled to publish the GLMovement BOD, you must run the Rebalance Ledger Period Totals utility.