Group Currency Article For Free

Procedure Start transaction /N/SMB/CD_MAINT . In the All Central Data Entities section, use the search button to find the entry DSC in the table and double-click it. Switch to the Change mode ( F6 ) to make the ID field editable. Note. ... In the ID field, enter the new standard currency as required and choose Save.

Run currency translation (CT) to translate the currency of financial statements from the local currency (LC) into the group currency (GC) so that the financial statements from local companies can be included in group consolidation. For more information on different currencies, see Fundamentals.

The translation method determines the exchange rate used for translating financial statement (FS) items, and how translation differences are posted. For each CU, you specify a single translation method. The assignment of a translation method to a consolidation unit is time- and version-dependent.

Group Currency TCodes #TCODEDescription2S_ALR_87009639Group: Prev. Year in group currency3S_ALR_87009645Value Development in group currency4S_ALR_87011796Local and group currency Comparison5S_ALR_87011841Group: Prev. Year in group currency47 more rows

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.

The group currency key is a characteristic in the data basis . You can have multiple group currencies in a version . You must always enter the group currency key in reporting . This also applies to reports in the local currency .

To do this, go to Transaction OX02, and double-click Company Code EU10, as shown below. As you can see, Company Code EU10 has a Currency of EUR. ... Company Code EU10 has two currency types: company code currency (Local Curr. ... You can see that the group Currency Type 30 with Currency USD is enabled for Company Code EU10.