This general parameter is used to determine the way in which currencies are managed in case of a credit control.

The values possible for this parameter are:

  • Historical rate: the control will be carried out by using the cumulated amounts that have been converted. This setup will not be taken into account if the control level of the credit is by company.
  • Actualized rate: the control is carried out by converting the total amounts by currency at the current date with the rate type defined in the general parameter OSTTYPCUR.

Reminder:

The credit of a customer or a supplier depends on the BP credit risk associated with the customer or supplier of the corresponding record.

When documents concerned by the credit are created for a customer or a supplier, an entry is created or updated in the BPCUSTMVT table or BPSUPPMVT table.

An entry depends on the company, the BP risk, the movement BP and the movement currency.
For each entry, the amount stocked is:

  • the transaction currency,
  • the company currency converted and added to the existing values,
  • in folder currency (depends on the CURSHRFLD parameter).

If for the credit, the user manages the currencies at the history rate level, the amounts that have already been converted are added in the various entries. If the credit is managed with the actualized rate, for each currency, the user converts the amounts depending on the rate type that has been define via parameter OSTTYPCUR.

Level of localization / Global variable

This parameter is defined at the level Folder. It belongs to Chapter TC (Common Data) and the Group OST (Authorized credit management), The following parameters are also associated with this chapter and group :

  • OSTCTL (Cus. author. credit ctrl level)
  • OSTDRAFT (Customer credit notes P/R amt.)
  • OSTSCTL (Sup. author. credit ctrl level)
  • OSTSDRAFT (Supplier credit notes P/R amt.)
  • OSTTYPCUR (Rate type updated rate ctrl)

The global variable GOSTCHGTYP is associated with it.

Functions concerned

The following functions are associated with this parameter :

  A/P-A/R accounting > Inquiries > Customer situation

  Common data > BPs > Customers