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Former Member
Feb 17, 2010 at 05:31 PM

SAP FI Currency settings

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Hi all,

at the moment we have the following currency setup in SAP FI

(SPRO > Financial Accounting > Financial Accounting Global Settings > Company Code > Parallel Curencies > Define additional local currencies) --> TC:OB22

Example: Settings for a German company code:

1st: Currency Type 10 u2013 Company code currency (EUR)

(To meet statutory accounting requirement for each company code, Local GAAP and tax principles)

2nd: Currency type 30 u2013 Group currency (USD)

(To meet functional currency requirements and group requirements, holding is US-based)

This company code is based in Germany u2013 currency EUR.

Now, after running our system for a few months, business recognizes that the daily changing exchange rate leads to differences (especially for Inventories) between USD and EUR.

The target is to minimize the effect of this posting.

Business intents/wants the following approach: Change leading currency (1 st local currency to USD). Holding requirement to avoid currency posting differences would be fulfilled u2013 the statutory requirements in this case would have to be checked concerning conversion to local currency (EUR) etc.

Question: Are you aware/do you have experiences with companies (company codes) etc. which use a leading currency in SAP FI that differs from the country currency?

Thanks in advance