Skip to Content
avatar image
Former Member

Currency type

Can you please let me know the path to create currency type

eg. Company code currency 10

group currency 30

Thanks

Add comment
10|10000 characters needed characters exceeded

  • Get RSS Feed

3 Answers

  • Best Answer
    Mar 19, 2009 at 08:35 AM

    Hi

    Currency Type is define in standard SAP you can create new types.

    Kesh

    Add comment
    10|10000 characters needed characters exceeded

    • Hello,

      Please note that you cannot maintain additional currency types than the provided.

      These are provided by SAP but NOT configurable.

      However,

      You can maintain two parallel currencies in additional to local currency or

      Company Code Currency. You can select two currencies from the

      following currencies:

      Group currency

      Group currency is the currency which is specified in the client table or

      which is to be entered there.

      Hard Currency

      Hard currency is a country-specific second currency which is used in

      countries with high inflation.

      Index-based currency

      Index-based currency is a country-specific fictitious currency

      which is required in some countries with high inflation for external

      reporting (for example, tax returns).

      Global company currency

      Global company currency is the currency which is used for an internal trading partner.

      Maintaining the two parallel currencies would highly impact the system performance as

      the system is preparing additional two ledgers, besides the normal ledger.

      Regards,

      Ravi

  • Mar 19, 2009 at 08:44 AM

    Hi

    Group Currency: You define Group Currency when you define Client (SCC4)

    2. Global Company Currency: You define Global Company Currency when you define Company that is assigned to your company code.

    3. Hard Currency: YOU define Hard Currency when YOU define the Country that your Company code assigned to. A hard currency is used in countries with high inflation.

    4. Index-Based Currency: You define IB Currency when You define Country that your company code assigned to. An index-based currency is stipulated for external reporting (for example, tax returns), in some countries with high inflation.

    5. company code Currency: You define the company code Currency when you define Company Code.

    Kesh

    Add comment
    10|10000 characters needed characters exceeded

  • avatar image
    Former Member
    Mar 19, 2009 at 08:12 AM

    Hi,

    currency types are provided by SAP, they are not customizable.

    Regards

    Karl

    Add comment
    10|10000 characters needed characters exceeded