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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.

George Newton
George Newton

George J. Newton is a business development manager, working with new businesses to find success in their industries.

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Inventory Accounting Using Universal Parallel Accounting In SAP S/4HANA 2022

Universal Parallel Accounting has become a feature of SAP S/4HANA 2022, and is something that's highly useful in accounting ledgers. This post will...