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What Is Currency Translation in SAP S/4HANA?

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.

Christoph Nagy
Christoph Nagy

Christoph Nagy has 20 years of experience working with SAP solutions. He has utilized this knowledge as a founding member and CEO at SecurityBridge—a global SAP security provider, serving many of the world's leading brands, and now operating in the U.S. Through his efforts, the SecurityBridge Platform for SAP has become renowned as a strategic security solution for automated analysis of SAP security settings, and detection of cyber-attacks in real-time. Prior to SecurityBridge, Nagy applied his skills as an SAP technology consultant at Adidas and Audi.

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Ways to Establish Cyber-Resiliency for Data Kept in SAP Solutions

The security of data processed by SAP systems such as SAP ERP and SAP S/4HANA is vital as they contain significant amounts of business-critical...