Group Currency Pdf For Free

Group Currency (30) This currency type is defined for the client in the settings for the SAP client in Transaction SCC4. You can see in below that Client 100 is set up with a Currency of USD. Therefore, USD is the group currency for any company codes in this client.

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 group currency is used as the global currency, which allows amounts to be compared in a single currency (currency type 30). You specify your group currency before you your system. The respective currency code applies for each client and consequently for all company codes and ledgers.

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.

If "a" is the money you have in one currency and "b" is the exchange rate, then "c" is how much money you'll have after the exchange. So a * b = c, and a = c/b. For instance, say you want to convert Euros to US dollars. At the time of this revision, 1 Euro is worth 1.09 US dollar.

Currency Types Currency in which a document is posted (currency type 00). The company code currency is the currency in which the local ledgers are managed in external Accounting (currency type 10). It is already predefined in the system and is the national currency of the company code.

How to Define Additional Local Currencies for Company code in SAP System SAP IMG Path: ? SPRO > IMG > Financial Accounting > Financial Accounting and global settings > Company code > Parallel currencies > Define Additional local currencies. Transaction code: ? OB22.