The ISO 4217 alpha currency code (recommended).
Currencies (tcmcs0102m000)Use this session to maintain the company's currencies. You must first specify the currency as a generic unit, in the Generic Units (ttaad1106m000) session in the Tools package. In the Additional Currency Features (tfgld0129m000) session, you can specify currency features that are only related to Financials. For example, you can set up the application to print a payment slip for invoices with this invoice currency. Note If you have started this session by zooming, you can only find and select a record.
Currency The ISO 4217 alpha currency code (recommended). Short Description The short currency indication for the monetary unit, which can
be the appropriate currency symbol, for example, '€', '£', or '$'. ISO Currency Code The related ISO 4217 alpha currency code. This currency code is required for, for example, BOD publishing. Rounding Factor Indicates how LN rounds off entered and calculated amounts or
quantities. The quantities and amounts are rounded off to the nearest multiple
of the rounding factor. For example, if the rounding factor is 0.030000, a
quantity of 2,11 is rounded off to 2,10 (= 70 * 0.030000). A quantity of 2,12
is rounded off to 2,13 (= 71 * 0.030000). The following differences exist between rounding factors for currencies and for units:
Allowed values The rounding factor must have the same number of decimals or less than specified for the currency in the Formats by Generic Unit (ttaad1107m000) session. Grand Total Rounding Factor To round the grand total amounts on legal documents that you
send to your customers, such as sales quotations, service contracts, and sales
invoices. For example, if the currency rounding factor is 0.01 and grand totals must be rounded on 0.05, you can use grand total rounding and define a grand total rounding factor of 0.05. If you do not want to use grand total rounding for amounts in this currency, set this field to zero. EMU Currency If the currency is part of the Economic and Monetary Union
(EMU), you must select this check box. The application calculates amounts in EMU currencies also in euros. You can display and print such amounts in the EMU currency and in euros. The application uses the currency exchange rates that you define in the Currency Rates (tcmcs0108m000) session to convert EMU currencies into euros and vice versa. Note You must not select this check box for the euro itself. Belgian BoP Currency If the currency is to be defined as Belgian Balance of Payments
reporting currency, you must select this check box. You can define a maximum of
five currencies as Belgian Balance of Payments reporting currencies. The application prints the Belgian Balance of Payments report in all these currencies.
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