Group currency notice easily

Aug 6th, 2022
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How to group currency notice

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as i just shared with you we have three types of currency in which we can maintain the sap data so whatever the data we maintain we can publish the data in three currency we can maintain the data in three currency one is your complicated currency second is your group currency and third could be your hard or global index based currency so this is up to the client requirement how they want this currencies to be minted so here it is saying that how we can check and display the client currency in order to d because this client currency is going to be a group currency this client currency is going to be a group currency here this is going to be group currency and this is later we can maintain in the controlling we can maintain in the controlling area and well see in the fasting so in the system how we can view them with the help of transaction code scc4 use transaction code scc4 and here you can just see we have the client id 800 when you log in here when you log in the system at the top

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The following currency types are available in the system: Transaction Currency. Currency in which a document is posted (currency type 00). Company Code Currency. Group Currency. Freely-Defined Currency.
You maintain additional local currencies for company code by using one of the following transaction navigation methods. SAP IMG Path: SPRO IMG Financial Accounting Financial Accounting and global settings Company code Parallel currencies Define Additional local currencies.
The group currency is defined at a level in table T000-WAERS, therefore, the group currency is the same for all company codes which are defined in the SAP installation. Hard Currencies are used in high inflation countries in order to improve the value of the transaction.
The following currency types are available in the system: Transaction Currency. Currency in which a document is posted (currency type 00). Company Code Currency. Group Currency. Freely-Defined Currency.
by SAP PRESS on May 28, 2021. Group currency is the currency that is set up for the client. This means that all company codes in the same client will have the same group currency.
The currency type specifies the role of a currency in the SAP system. We cannot directly assign any currency key to the ledger; instead, we set the currencies to organizational entities or units, as per business scenario, and the system automatically assigns the currency keys to currency types.
by SAP PRESS on May 28, 2021. Group currency is the currency that is set up for the client. This means that all company codes in the same client will have the same group currency.
The following currency types are available in the system: Transaction Currency. Currency in which a document is posted (currency type 00). Company Code Currency. Group Currency. Freely-Defined Currency.
Introduction of currency setting: We can use maximum 10 currencies types in Hana. First two currency type should always be sap predefined currency type and remaining 8 currency type can be sap predefined or user defined or mixed.
But, the Group Currency is getting converted from Document currency based on the Exchange rate type : M but based on the Exchange rate type specified in the Document type.

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