Convert Contract Currency (tppdm6211m000)

Use this session to run a currency conversion for business partner related data. The status of the business partner must be Active. Currency conversion is performed only for the contract lines that are yet to be invoiced. You can perform the conversion for:

  • Contracts
  • Contract Lines
  • Advance Payment Requests
  • Advance - Installment Mapping
  • Installments
  • Bank Guarantees
  • Contract Price Sundry Cost
  • Deliverables
  • Elements
  • Activities
  • Extensions

The currency conversion can be performed for:

  • Sales Amounts
  • Sales Prices
  • Currencies
  • Currency Rates (based on current date)
  • Currency Rate Date (becomes current date)

To perform a global currency conversion, for a specific business partner, you can use the Currency Initialization module.

The conversion is performed for a contract header only if the all the contract lines are converted.

Currency conversion is not performed for a contract line if:

  • at least one advance payment request linked to the contract line is transferred to Invoicing.
  • at least one installment linked to the contract line is transferred to Invoicing.
  • at least one extension linked to the contract line is transferred to Invoicing.
  • at least one cost-plus transaction linked to the contract line is transferred to Invoicing.
  • at least one deliverable linked to the contract line is released to the warehouse.
  • at least one unit-rate invoice line is linked to the contract line.
  • the status of the sold-to business partner is not Active.

Related topics

 

Contract
The From and To fields define a range of: contracts for which currency conversion is performed.
Contract Line
The From and To fields define a range of: contract lines for which currency conversion is performed.
Sold-to Business Partner
The From and To fields define a range of: sold-to business partners for which currency conversion is performed.
Old Currency
Enter the old currency of the sold-to business partner.
Description
The description or name of the code.
New Currency
A generally accepted medium of exchange such as coins, treasury notes, and banknotes.

The following currency types are available in LN:

  • Home currency, which is used internally by companies to calculate costs, record budgets, and register tax amounts
  • Transaction currency, which is used in transactions with business partners, such as orders and invoices
Description
The description or name of the code.
Installments and Advances
If this check box is selected, the currency of the installments and advances is converted.
Elements
If this check box is selected, the currency of the elements is converted.
Activities
If this check box is selected, the currency of the activities is converted.
Extensions
If this check box is selected, the currency of the extensions is converted.

 

Convert
Initiates the currency conversion for the specified range of data.