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.
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 standard stages of the sap payment run?
What is the recommended planning sequence, in co? : co- cost center accounting
Can anyone have SAP-CO module ppt for begineers?
Name some settlement receivers for co internal orders?
Currency gain - loss at PPV, how is it possible to split the PPV in: 1. Price related PPV and 2. Currency related PPV?
1. how can see that how much the vendor is owed 2.how do u reverse a MIRO invoice 3. how do u pay vendor in foreign currency
Explain in simple terms what is field status and what does it control?
How do you keep the fi posting period open only for certain gl codes?
What do you understand by profit center? : cost center accounting
What is an activity type? : co- cost center accounting
What is Lock box in sap fico?
Explain manual secondary cost planning? : co- cost center accounting
What is the basic purpose of creating a profit center?
what is validation &substution
Explain the procurement cycle how it works?