Information systems

Your IT and accounting systems may need to be adapted to ensure they can cope with the euro.

	Do you know how your systems will be affected? Document where you use the legacy currencies in your system.
	Do you need to make any changes? Your systems may not need a major overhaul; it may simply be a case of setting up a new ledger in euro and changing currency markers to euro on any system you have set up to print invoices.
	Will your IT provider or in-house expert have time to make these changes within your preferred time frame? You might want to plan euro changes around any other changes you plan to make to your system. Plan a date to make the changeover to allow time for testing. There may be competitive advantages to be gained from being ahead of the game. If you wait until the last minute, the necessary resources may not be available. If you are unsure how to make the necessary changes, speak to your software supplier or other IT expert.
	Does your existing contract with your IT supplier cover euro changes?
	If you have electronic links with other businesses are you satisfied that your systems will remain compatible?