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SAP S/4HANA Financial Accounting Configuration: Learn Configuration and Development on an S/4 System
book

SAP S/4HANA Financial Accounting Configuration: Learn Configuration and Development on an S/4 System

by Andrew Okungbowa
December 2022
Intermediate to advanced content levelIntermediate to advanced
461 pages
8h 58m
English
Apress
Content preview from SAP S/4HANA Financial Accounting Configuration: Learn Configuration and Development on an S/4 System
© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023
A. OkungbowaSAP S/4HANA Financial Accounting Configurationhttps://doi.org/10.1007/978-1-4842-8957-0_7

7. Maintaining Currency Types and Currency Pairs

Andrew Okungbowa1  
(1)
New Addington, UK
 
In this chapter, you will be looking at how to customize local and foreign currencies for company codes. At the end of this chapter, you will be able to:
  • Maintain exchange rate types.

  • Define a standard quotation for exchange rates.

  • Enter prefixes for direct/indirect quotation exchange rates.

  • Define translation ratios for currency translation.

Currencies

Generally, accounting transactions are measured in monetary terms. SAP S4 HANA also adopted this principle. As a result, it ...

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Publisher Resources

ISBN: 9781484289570Purchase LinkPublisher Website