on 07-27-2015 5:07 PM
Dear All,
We have a critical question regarding the suitable setting for a Controlling company Code.
Let me explain the case: Our current controlling structure (already in Production) is grouped around a unique Controlling Company code running in EURO, with this particular setting:
Assignment control:
CoCd--->CO Area= Cross-company-code cost accounting
Currency Setting:
Currency type=20
Currency= EUR
Diff. CCode Currency is flagged
Up to now, all the Financial company codes attached under this Controlling Company Code setting, run in EURO, so there are no problems to see the accounting and cost information (profitability CO-PA and costing CO-PC), in EURO currency, obviously.
However, now we are going to attach a new Financial Company running in GBP, and it will work with a double currency: GBP as the company currency, and EUR as grouping currency.
Now, with the current CO setting I have told you before:
Will I be able to view the controlling information in GBP when limiting the view only to this new Financial Company (which runs in GBP)?
By extension, will I be able to view the controlling information in EUR when I want to see the aggregated costing & profitability information of all the companies, including of course the Financial company code running in GBP?
In the end, what I want to know is if I will be able to see the costing information in GBP and EUR, depending on what I ask for, and taking into consideration the current setting of my Controlling Company code. If not, would it be possible to change my Current type setting from '20' to '30' or better not to change this?
A good answer to this question would be of great help and would boost our project implementation, as well as very good rewarded.
Many thanks in advance.
Hi Patxi, just a comment, I think you require the duality of GBP / EUR currencies; in that scenario I'd definitely make sure that the underlying cost objects contain EUR as object currency, in that way transactions recorded in them are traced in both currencies, company currency and object currency.
Regards,
Humberto
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Hi
Apart from Kamal's suggestions also see if 'All currency' is ticked at OKKP. In productive environment it is not recommended to switch on this box since data conversion is required to be done. Kindly see note 90240 for further information.
One humble request: Kindly don't use "as well as very good rewarded" kind of words in future, it hurts us as well as it is against forum rules. We all should respect forum rules strictly.
Regards
Rajneesh Saxena
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Hi, many thanks for your responses.
I beg your pardon if I have said something inconvenient. I didn´t know it was against rules.
Regarding your solution, what do you actually mean by setting hard currency in the new company as parallel currency? Where do I do that? Please, explain.
The new company should run in GBP, and we should be able to see all the costing information in GBP (that´s easy for comp. code because it runs in GBP), but also in EUR as it is the main currency of the group of companies.
Please, be so kind to extend your solution.
Kind regards
Hi
What I have said that currency type 20 has got no integration with FI..it is independent only in CO..so you can only see information in CO in EURO....that's why cross company controlling area Group currency is best option..but you can't change now.
In OX15 you can set parallel currency which will help to convert FI information to your new company into EURO if you define hard currency (country specific)...remember if you have other company code in the same country you must follow the same process.
kamal
Hi
Are you willing to make group currency as EURO same as it was in 20....then I think should not be any issue because inconsistency in value will not happen in controlling area and you can use com code level different currency...that will be the right approach.
You can take a call to SAP on this issue to be more confirmed. But from my experience it will work..
best of luck...
Kamal
Hi Patxi
1. Change of currency type at this stage is not at all advisable for many reasons...so this option in my opinion is rules out. Once an assigned company code is productive, the currency type cannot be changed.
2. You have defined controlling area currency type 20..so it is independent in respect to company code currency..
3. If you want to see co information in EURO..I think you have to define Hard currency as parallel currency in new company then your issue may be solved.
Kamal
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