Currency translation is a process in which an organization translates the financial data of its foreign subsidiaries from their transaction currency into the group currency of an organization.
Alvin Tolentino and Michael Mkpadi
Alvin Tolentino graduated from the Univ. of St. Thomas in Houston with an MBA in Finance and MSc in Accounting. He started his professional career in 1997 with the Ernst & Young (EY) Houston office, then worked as a Dell badged employee from 2004 in Austin before being called home and worked to modernize the accounting function at Mitsubishi Caterpillar Forklift America (MCFA) from 2008 to 2012. He is currently working for a national oil company delivering innovative planning and reporting solutions. Michael Mkpadi is a certified SAP consultant who has worked on over 40 SAP Enterprise Performance Management (SAP EPM) and data analytics projects, including SAP PaPM spanning multiple industries. He has more than 12 years of experience designing and building SAP Business Planning and Consolidation and SAP Profitability and Cost Management solutions at the enterprise level.
Blogs by Alvin Tolentino and Michael Mkpadi
This third installment of our SAP Profitability and Performance Management implementation series is by far the most noteworthy. The final leg of our...