Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is Group Currency and Hard Currency?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Will a customer get support when recompiling the linux kernel or using 3rd-party software that modifies it?

998


How do you define a co-product in sap?

988


How do you open a new fiscal year in the system?

1029


What is dunning in fi?

1029


Describe organisational structure in sap ?

1051


Is it possible to update the results of the standard cost estimate to other fields such as commercial price, tax price fields in the accounting view?

942


Why it is necessary to block an asset master record? : fi- asset accounting

1150


What is High value sale?

2336


What are the accounting entries take place in mm and sd?

1117


Could any one explain Process Flow and Integration of HR with FI.

2304


Explain the various reference methods? : fi- general ledger

998


What is archiving? How does it differ from deletion? : fi- general ledger accounting

985


1.HOW TO SPECIFY THE BANK OVER DRAFT LIMIT IN SAP TO BANK ACCOUNTS 2.IN ACCOUNTS PAYABLE FOR APP HOW TO PROCESS THE RECEIPT IN CASE FOR A VENDOR WHO IS ALSO A CUSTOMER AND FROM WHOM AMOUNT IS RECEIVABLE.

2574


Define depreciation areas? : fi- asset accounting

1014


What do you understand by cost center, profit center in controlling? : cost center accounting

1014