How many currencies can be assigned to one company
code.what is the need of many currencies to one company
code.how does it work.pls give me one example also.
- 4 Answers
- 30570 Views
- Accenture, IBM, I also Faced
- E-Mail Answers
Answer Posted / krish
A company code can have 3 currencies in total. One which is called the local currency ( ie company code currency) and 2 parallel currencies can be configured.
In case 2 currencies are configured. (Company code currency and a parallel currency) there is no need for an additional ledger. In case the third parallel currency is configured and is different than the second currency type, you need to configure additional ledger.
| Is This Answer Correct ? | 12 Yes | 2 No |
Post New Answer View All Answers
What are the top 3 questions you have to ask before going to start the implimentation of project?
Explain an account group. What does it control?
What are fiscal year variants and how are fiscal periods opened and closed?
how to control transport cost with sale invoices :- I want to know how to map tranport cost with respective sale invoices. This help us to avoid duplicate transport payment. As in PO freight condition is maintained ,is there is anyway to link or map transport cost with sale invoices
what is an automatic posting? : fi- general ledger accounting
Which databases are supported for mysap business suite on linux?
What is a fiscal year variant ?
What variations are possible when defining a fiscal year?
How do you configure the gl account for the house bank? : fi- general ledger accounting
Explain ‘financial accounting (fi)’ in sap.
What is a (tax) jurisdiction code?
What are ‘commitment’ line items in co?
If you want to learn Free Sap FI Course online join "SAP Fi Free online Course group" on FB
what is the implemention project in sap?
What items are required in a financial statement version? : fi- general ledger master data
