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Former Member

Currency conversion and Refrence dimension

Hi Expert,

Quick question...

1) Is it compulsory to reference Account Dimension of Consolidation application with R_Account dimension of Rate Application for the working of currency conversion or whether we can do currency conversion without referencing both the dimension.

2) If I do the reference of the ACCOUNT with R_ACCOUNT then whatever property value I give in RATETYPE property of ACCOUNT is to be maintained as member within R_ACCOUNT is that correct?

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5 Answers

  • Best Answer
    Jan 11 at 07:40 PM

    Hi Nimesh,

    1. Its not mandatory to have reference dimension for currency conversion to take place. Reference dimension is just a way to control data for RATETYPE property.

    2. Again, if you don't have a reference dimension in place, then you can pass any value for RATETYPE of what is maintained in Rate account.

    -- Selva.

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  • Jan 11 at 09:41 AM

    1. Yes

    2. "whatever property value I give in RATETYPE property of ACCOUNT is to be maintained as member within R_ACCOUNT" - yes!

    P.S. Please read this old, but still useful document:

    https://archive.sap.com/kmuuid2/6052a57b-8c64-2c10-b3a5-b0378ff21243/How%20to%20do%20Currency%20Translation%20for%20Financial%20Application%20using%20SAP%20BusinessObjects%20Planning%20and%20Consolidation%207.0%20for%20the%20SAP%20NetWeaver%20Platform

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    Former Member
    Jan 11 at 11:43 AM

    What If I don't do referencing and then also my currency conversion happens?

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    Former Member
    Jan 11 at 01:45 PM

    Hi,

    My question is irrespective of I maintain the referential integrity for RATETYPE as NONE or R_ACCOUNT currency conversion will happen?

    Further only if I maintain the Referential Intergrity for RATETYPE as other that NONE (i.e. for example R_ACCOUNT) then I need to give property values in ACCOUNT dimension for RATETYPE as valid member in R_ACCOUNT.

    However if I maintain the Referential Intergrity for RATETYPE as NONE then also currency conversion will happen and I need not

    give property values in ACCOUNT dimension for RATETYPE as valid member in R_ACCOUNT.

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  • Jan 11 at 02:27 PM

    Reference integrity is just a check!

    Currency conversion will happen for all ratetypes that are defined in conversion rules!

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