Currency initialization overview

To carry out currency initialization, you must take the following steps. Details of each step are described later in this chapter.

1. If you are moving to a standard currency system, verify that you have completed the necessary preparatory setup, as described in the section "Additional preparation for a standard multicurrency system setup".
2. Verify that you have carried out the necessary prerequisite actions, as described in the section "Prerequisites for currency initialization."
3. Define the conversion cluster in these sessions:
   • CI Clusters (tccri7501m000)/ CI Clusters (tccri7101s000) Define the initialization type, the new currency system, and the new reference currency.
   • CI-Cluster Companies (tccri7502m000)/ CI-Cluster Companies (tccri7102s000) For each conversion-cluster company, define the new home currencies.
   • CI Cluster Transaction Currencies CI Cluster Transaction Currencies (tccri7104m000) Only for an external currency initialization, select the EMU transaction currencies that must be converted to euros.
4. Define the currency exchange-rates between the currencies that are currently in use and the new home currencies, in the CI Rates CI Rates (tccri7100m000) session.
5. Run the Initialize CI Tables and CI Fields Tables (tccri7221m000) session to fill the CI tables and CI fields tables.
6. Specify customized tables and table fields that must be converted. Specify the customized tables and fields, the conversion rules to be applied, and the priority with which the table or field must be converted, in these sessions:
   • CI Tables (tccri7522m000)
   • CI-Conversion Table Parameters (tccri7123s000) CI Fields (tccri7521m000)
   • CI-Conversion Field Parameters (tccri7122s000)
7. Process the conversion cluster. Before you start the actual initialization process, you must perform one or more trial initializations to generate error logs. When all the errors are corrected, you can run the actual initialization process to change the data in the database. Use these sessions:
   • CI Process (tccri7203m000)
   • CI Error Log (tccri7520m000)
8. View or print the audit data. You can delete the audit data after printing the data. Use these sessions:
   • Print Audit Files (tccri7401m000)
   • CI Process Data (tccri7503m000)
   • CI Process-Data Internal (tccri7504m000)
   • CI Process-Data Internal (tccri7505s000)
9. Run SPT sessions (FP5 and later). To update the tfacp500 and tfacr500 tables, run these sessions:
   • Service Pack Upgrade for tfacp500 (Open Items A/P) (tfspt0949m000)
   • Service Pack Upgrade for tfacr500 (Open Items A/R) (tfspt0950m000)