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Currency type

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

eg. Company code currency 10

group currency 30

Thanks

Accepted Solutions (1)

Accepted Solutions (1)

Keshi1
Active Participant
0 Kudos

Hi

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

Kesh

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

Can you please let me know the path to create new currency types

former_member182098
Active Contributor
0 Kudos

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

Answers (2)

Answers (2)

Keshi1
Active Participant
0 Kudos

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

Former Member
0 Kudos

Hi,

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

Regards

Karl