E1: 40: FAQ - Base Currency Conversion in EnterpriseOne Distribution
(Doc ID 1593470.1)
Last updated on JULY 15, 2021
JD Edwards EnterpriseOne Inventory Foundation - Version XE and later Information in this document applies to any platform.
The base currency conversion consists of programs that convert the base currency of a company to a different base currency. Specifically, these programs:
Ensure data integrity within a table, when necessary.
Based on user preference, create an audit trail that indicates the original amounts and converted amounts for each converted table.
Base Currency Conversion performs,
The programs for the base currency conversion convert monetary amounts and currency codes. As a result, the conversion affects all JD Edwards EnterpriseOne data tables that contain currency codes, monetary amounts, or both.
Depending on the table being converted, the programs for the base currency conversion multiply or divide the domestic or foreign amount by the exchange rate in the Currency Exchange Rates table (F0015) to calculate the new base currency amount.
The programs for the base currency conversion handle rounding the same way as the application programs. For example, if you use soft rounding for transactions in accounts receivable, the accounts receivable conversion programs use soft rounding. If an application program is not set up for rounding, the conversion programs round down amounts less than 0.5 and round up amounts greater than or equal to 0.5.
The results of all conversion programs are final. You cannot run them in proof mode. As with all conversions, you cannot add, change, or delete data while the conversion programs are processing.
The base currency conversion, specifically the programs for the Euro Conversion Planner/Workbench (P9840E) and the Table Conversion Scheduler (P98430), must be run in a Windows environment (i.e., FAT client, WebDev client. cf., Web Client which is a thin client). All other tasks, including preconversion and postconversion tasks, can be performed in either a Windows or a Web environment. Formerly, the base currency was called as Euro conversion.
This document provides answers to some frequently asked questions on base currency conversion.
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