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RE:[sap-acct] Parallel Currencies

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Posted by Wissam Eter (SAP Business Consultant)
on May 29 at 10:15 AM 		Mark this reply as helpfulMark as helpful
hi Saurabh and thanks for your reply:
1- yes, all legal entities shoud have 1st local cur USD and group currency EUR except for 1 legal entity the 2nd local cur should be MAD and no need for the EUR cur for this particular legal entity.
2- MAD should be used as a parallel cur for legal reporting. not for consolidation purposes.

Regards,

---------------Original Message---------------
From: S3Kumar
Sent: Friday, May 28, 2010 12:57 PM
Subject: Parallel Currencies

> Wissam,
>
> Are you saying that for all legal entities the group currency should be EUR with an exception of one legal entity where the group currency should be MAD instead?
>
> Or are you saying that this one legal entity needs to have MAD as the parallel currency in addition to the local currency as USD and group currency as EUR?
>
> Would also like to know why do you want to add MAD as a parallel currency?for consolidation purposes?for local statutory reporting purposes?
>
> Thanks,
>
> Saurabh.

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