Conversion Variance - Implementation
Prerequisites
The prerequisites depend on the assessment method:
- By journal entry - Calculation based on the detailed entries
- By account balance - Calculation based on the account balance
For both assessment methods, the accounts used to post the variances are specified on lines 5, 6, 7 and 8 of the Chart of accounts (GESCOA), when no variance account has been specified for the revalued account. Otherwise, the variance accounts specified on the account lines 1, 2, 3 and 4 are selected among the following values:
- Debit balance decrease
- Debit balance increase
- Credit balance decrease
- Debit balance increase
For each account, you must select an Assessment method or select the None value.
General parameters
The following general parameters may change the way the function is working :
Accounting
GAUCNV (defined at level Company) : Conversion variance journal
Authorizations
An authorization can be granted for this function to limit the processes to a company or a site.
Other prerequisites
Tables to be completed
The following tables are used by the function. Their content must be updated if necessary :
Table |
Table description |
---|---|
GACCOUNT [GAC] |
Tables used
The following tables are implemented by the function :
Table |
Table description |
---|---|
BALANCE [BAL] |
General balance |