![]() Typically, these are the currency types for a group currency, hard currency or index-based currency. If data is returned from Controlling to financial accounting in your application, for example via order settlement, you must use a currency type in the controlling area that is also used as the currency type of a parallel currency in the assigned company codes. You can select currency type 10 in controlling area only if all company codes assigned to the controlling area uses same currency. (Currency Type 11 and 12 are explained in transfer pricing section) In this case the document currency would be USD and the Company code currency would be INRĬompany code currency is defied at company code level in transaction OX02ġ1- Co Code Currency Group Valuation (used in Transfer Pricing)ġ2- Co Code Currency PC Valuation (used in Transfer Pricing) Example : An Indian company does a posting for a Sale of goods in USA. We have following standard Currency types in SAP S/4HANAĭocument currency is the currency that is applied for the document and company code currency is the currency where the document is generated. SAP provides currencies of every country and we can also define our own currency if we require. We can configure currencies as per the rules of the country defined in the company code. In SAP, all currencies are maintained according to ISO Standard. In SAP configuration, currency plays an important role. Amount Field Length Extension with S/4HANA 1809 release.Introduction of new currencies with S/4HANA 1809 release.Options to setup currency in New Asset Accounting.Options to setup currency in Controlling Area.Options to setup currency in Transfer Pricing.Options to setup currency in material Ledger. ![]() How to setup currency in Finance and linking Currency and Ledger.How to set a currency key with the custom currency types.In SAP S/4HANA how many kind of currency types exists.This blog is aimed to provide an insight and overall understanding and consideration of currency setup in S/4HANA environment and have tried to answer the following queries.
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