During the dual-currency phase, companies can
choose when to convert from the national currency to the Euro and therefore
will be able to operate in either Euro or national currency according to a
“no-compulsion, no-prohibition” principle.
Our demo scenario focuses on a German
company: IDES AG. At the beginning of the dual currency phase, IDES AG has
not yet converted to the Euro, i.e. the company’s local currency is still
the national currency DEM. IDES AG has some large business partners in
Germany and many of the other European states participating in the European
Monetary Union. As of 01/01/1999, some of these business partners have
already converted to the Euro and want to encourage their business partners
to start dealing with them in Euro.
The German supplier has already converted its
business operations to Euro and wants to start receiving orders and billing
ist customers in Euro.
To accommodate this request, IDES AG must
change the purchase order currency in the vendor master record to Euro. As a
result, any new purchase orders for this vendor will be placed in Euro.
This script illustrates a new mass change
transaction that allows you to change the order currency in vendor master
records to the Euro.
* Even though the following demo scenario
focuses on a German company and its customer, be aware that any other
company that has customers in the EMU states might be confronted with the
exact same request and might therefore have a need for the same mass change
* The process of customizing in the currency
table is shown in Note 91481 (OSS).