Companies (tcemm1170m000)Use this session to maintain the enterprise modeling data of the companies, which includes the company's type and currency system. Before you can use this session, you must enter the company's logistic data in the General Company Data (tccom0102s000) session.
Currencies Company Description The description or name of the company. Company Type The company type reflects the type of data that the company controls and the types of processing for which you use the company. Currency System The company's currency system. The currency system defines how amounts are calculated and registered. Note All companies of a multicompany structure must use the same currency system. Use Multiple Functional Currencies If this check box is selected, you can record transactions in more than one functional currency. Note For this check box the following applies:
Reference Currency Transition Currency The euro currency that you defined in the Currencies (tcmcs0102m000) session. LN uses the Euro currency in several processes in the Cash Management module. Allowed values You cannot select a currency that is marked as an EMU currency in the Currencies (tcmcs0102m000) session. Note If this currency is used to create the Clieop3 payment files, you must use the currency codes according to the ISO standards. Local Currency Reporting 1 Currency Translation Method Rate Determination Method Specify one of the following:
Note This field is only available if Currency System is set to Standard. Exchange Rate Type A way to group currency exchange rates. You can assign different currency exchange rates to different invoice-to business partners and/or to different types of transactions (purchase, sales, and so on). Reporting 2 Currency Translation Method Rate Determination Method Specify one of the following:
Note This field is only available if Currency System is set to Standard. Allowed values
Exchange Rate Type A way to group currency exchange rates. You can assign different currency exchange rates to different invoice-to business partners and/or to different types of transactions (purchase, sales, and so on). Exchange Rate Type Exchange Rate Type Purchase The exchange rate type used to convert purchase transaction amounts to the company's home currency or home currencies. If you use a multicompany structure, you must select the same default purchase exchange-rate type for each company. Sales The exchange rate type used to convert sales transaction amounts to the company's home currency or home currencies. If you use a multicompany structure, you must select the same default sales exchange-rate type for each company. Internal The exchange rate type that LN uses for internal calculations and to convert amounts from the reference currency into the other home currencies. If you use a multicompany structure, you must select the same default internal exchange-rate type for each company. External The exchange rate type that you can select for external reports such as the European sales listing the Intrastat report. For example, you can use the external exchange rate type to define the rates used by the central bank of your country or state. Time Zone The company's time zone. For companies of type Financial and Both you must select a time zone. LN uses the financial company's time zone to post transactions with the correct dates and to convert amounts with the currency exchange rates that are valid at the transaction dates. Calendar Code The company's default calendar.
Print Companies Starts the Print Companies (tcemm1470m000) session. Enterprise Units Starts the Enterprise Units (tcemm0130m000) session.
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