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You can define it by T-code: SCC4. Currency type 20 is only known by cost accounting, whereas currency type 30 is known in financial accounting also. Therefore, data transmission via the modules CO, AM, and FI works seamlessly without any difficulties if currency type 30 is used by all.

Currency Types 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. Group Currency.

For example, currency type 31 represents group currency/group valuation, and currency type 32 represents group currency/profit center valuation.

Document currency. The currency of the transaction. For example, if you purchase a chair from a supplier in Mexico, the document currency is probably the Mexican peso. Local currency. The currency in which the financial books, including the transaction, are closed.

The company is at the highest level of organizational structure in SAP FI. This organizational unit can help the business to consolidate reporting over company codes. The company's entity Currency will be Global Company Currency or consolidation currency (Currency type 60).

Use currency type 10 to specify that the company code currency is the same as the controlling area currency. You can use the group currency for the controlling area if: The assigned company code uses the group currency as a parallel currency, and. The group currency is stored in the corresponding clients.

Currency Type 70 Object currency (CO) When you create an object in CO, the SAP system defaults the currency of the company code to which the object is assigned as the object currency. You can specify a different object currency only if the controlling area currency is the same as the company code currency.