Implementation of parallel currency

[Simona2]

Hello experts,

We would like to implement parallel currency (LC2) with group currency (currency type 30) into productive company codes. Current set-up is based on using only one 1st local currency (company code currency) CZK. Can you please specify:

• Are there SAP standard tools available for extending LC2 into active company codes?
• In case such service has to be ordered and paid – please send us price conditions for such services from SAP DMLT department
• What are restrictions for implementing LC2 (closing fiscal year, activation at the end of fiscal year……)?
• In case of extending LC2 in current transaction data:

• Will this be available for all historical posting documents? Which SAP modules except Finance are involved for extending LC2 into transaction data?

• Can you describe how SAP DMLT department is involved in such conversion project (phases: data analysis, scenarios, test system, go live and productive support)?

[Sandeep_Shetty]

Hello Simona,

Once the given company code is live in the system and postings are made, it's not allowed to make any changes to the currency configuration due to the fact that the underlying transaction data may gets inconsistent due to any forced action of customizing change, and consequently may not be possible to process any open invoices that exits in the system, hence it's forbidden to change such configuration in live system without proper consultation.

With reference to your current business requirement of group currency introduction in the live system, it requires database level transformation using SAP-DMLT consulting service. The steps to assess such business requirement are as follows;

- Access the Technical questionnaire from SAP support portal link :- Data Unification & Harmonization (sap.com). You will find the solution brief and questionnaire for Currency Conversion
- Download the relevant Technical Questinnaire and send the duly filled form to SAP-DMLT DL-  sap_dmlt_gce@sap.com

They will assign Engagement Architect to connect with you directly and further steps are as follows;

1. Based on the questionnaire input solution fitment will be assessed and it may require short technical assessment to evaluate the overall application usage in the system and confirm the feasibility of group currency introduction. The technical assessment in the system may take week time to complete and come-up with detailed session. From parallel currency introduction perspective, it requires to validate the application usage across FI-GL, FI-AA, CO, ML, PCA, to suggest right solution strategy. 
2. System access required with full authorization (SAP_ALL) and may also require to deploy some analysis tool, to review the existing configuration and consistency of underlying transaction data, to meet the target  TO-BE requirement.

The expected outcome of assessment and subsequent steps are as follows:

1. Propose recommended overall approach through customer workshop
2. Critical points that should be considered during the engagement
3. Draft timeline for the project
4. Estimation of efforts and formal proposal for professional consulting engagement with SAP DMLT
5. Contract sign and project starts

All other remaining questions, please find my remarks as follows;

• Are there SAP standard tools available for extending LC2 into active company codes?
  Ans: It should be managed through SAP professional consulting network due to database level complexity and DMLT is the right channel to engage with.
• In case such service has to be ordered and paid – please send us price conditions for such services from SAP DMLT department
  Ans: You will have to follow aforementioned steps to get the commercial indications and involve regional sales representatives from the respective SAP local Market Unit.
• What are restrictions for implementing LC2 (closing fiscal year, activation at the end of fiscal year……)? In case of extending LC2 in current transaction data:
  Ans: There is no year dependencies to decide the go-live date, and only limitation is previous FY should be completely audited and closed and only current FY should be open. There shouldn't be any activation of new business function like New G/L document split in the current FY where you planned to run this group currency introduction.
• Will this be available for all historical posting documents? Which SAP modules except Finance are involved for extending LC2 into transaction data?
  Ans: Yes, it should be applicable for complete history of the data footprint using fixed exchange rate for translation. Precisely, implication of only LC2 introduction on SAP modules are FI-GL, FI-AA, ML that should be taken into account for review. However, if it's a question about group currency (30) in scope, and then additionally CO and PCA modules also needs to be looked in for completeness of scope.

• Can you describe how SAP DMLT department is involved in such conversion project (phases: data analysis, scenarios, test system, go live and productive support)?
  Ans: DMLT team will be involved on project engagement basis under professional consulting contract with clear scope of deliverables and timelines. They follow the mock/test execution using SAP proprietary tool sets, taking fresh copy of production system with multiple mock cycles before applying anything on the live production system. In general, depends on the complexity scaling it can be at least 2 to 3 mock execution required before final go-live.

Hope this information helps you to make the decision suitably.

Best Regards,

Sandeep