If the Euro is successful, or you are working in a supply chain which is Euro-based, many of these procedures will be required early in the process. Examples where Euro features can be phased in include report items such as Aged Debtors and Aged Creditors. Eventually, management accounts can be produced in Euros so that staff get used to the denominations. Wrappers can perform all these conversions. When the time comes that more procedures are working in Euros than not and the economic and political credentials of the Euro are established, do a one-off conversion of the entire financial systems into Euros having devised procedures for NCU working where there is any left.
Wrappers can help with conversion if the data is available in the right format.
Transfer working balances from your NCU Bank Account to your Euro account. These problems will have to be dealt with by the same method as problems above, i.e. consult, make a decision and stick to it. A wrapper will generally provide arithmetic for doing conversions to the correct specification. However, it would be wise to check this with a few examples before buying a particular product. This last issue is the one most likely to cause difficulties in IT systems.