What is Group Currency and Hard Currency?
Answers were Sorted based on User's Feedback
Answer / valerya
Hard currency - Hard Currencies are used in countries with
high inflation to improve the value of transaction. When a
hard currency is selected, the document is automatically
updated in the local currency and the hard currency. The
config for hard currency is done at the country level
Group Currency - Group currencies are defined at the client
level in table T000. Group currencies are used to enable
cross-company postings in controlling for company codes
that use different company code currencies.
| Is This Answer Correct ? | 29 Yes | 1 No |
Answer / nagaraju uddagiri
While creating a client by basis team, one of the required
parameter is currency. this field is nothing but a group
currency.
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / vicky pruthi
In any county with local curren. two other curren. can also
be set,these can be hard currency and group currency
Hard Currency :
is used in that countries where the
inflation rate is high.
Group Currency :
is used to fulfil the statutory obligation.
| Is This Answer Correct ? | 8 Yes | 4 No |
Hello everyone, I need some help. I completed my SAP Fico course and appeared for an interview in IBM under the payroll of WDC- vendor of IBM. Fortunately I have selected for IBM Projects under the payroll of wdc. But worst thing start from there, for 1 month I'm just waiting for a project to allocate for me, but unfortunately no projects have been allocated and after 1 month wdc has released me. Now I fall in a big trouble, i'm not understanding anything what i should i do now? Again I have to start for searching job in sap field and i'm not getting that. So, can anybody help me out and plz. give the information is there any place mainly in kolkata or any information about the other vendors companies or consultancies who are recruiting candidates for MNC companies, is there any requirement going on for sap fico module in kolkata. I have shown just 1 years of exp. in Sap. So, plz. help me out if any one can, i'm in a big trouble. You can mail me also for the information- addie_84@rediffmail.com. Thanks in advance.
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please any body tell me ,the real time responsibilities of sap fico consultant and what r the tools used by him in his real time time job. i want the entire real time job scenario
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