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Group Currency in SAP By Design

Apr 29 at 09:53 AM

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Hi,

I have some concern on how the system (Sap By design) is managing the the organzation group currency.

I have a company with 3 subsidairies and a parent ocpmany.

the whole group is willing to mange one group currency which is USD, while the subsidiries having diffrent kind of currencies.

I saw that the system allow to manage transaction currency and Local currency by each company, but how can i configure the Group currency by company ?

thank you

yaniv

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2 Answers

Yaniv Barel May 01 at 08:01 PM
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Hi Annapurna,

i did some research on this issue, and you're right there is No Group Currency, but there is a very good solution of having

to options to manage the Company currency :

1. define a reporting currency let say USD on all subsidiries

2. define two set of books to each subs. one with local currency and the second with USD currency.


thank you


yaniv


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Hello Yaniv,

I would have recommended exactly the same approach - define a 2nd set of books for group reporting purposes - and you are done.

Best regards,

Thomas

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Great thank you

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Annapurna Vunnam
Apr 30 at 05:23 AM
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HI Yaniv,

Currently Bydesign doesn't support Group currency. This is a new requirement and you can sumbit in Influencesap.

This requirement is already posted in Influencesap:

https://influence.sap.com/sap/ino/#/idea/119812/?section=sectionComments

You can upvote for the same idea and depending on maximum number of votes, our development team will then take it up in future release of ByDesign system.

Regards,

Annapurna

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