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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.

Kartik Dua and Rahul Goyal
Kartik Dua and Rahul Goyal

Rahul Goyal is CPA with 20 years of experience in functional and technical SAP topics, with a focus on process improvement and digital transformation. Over the years, he has worked with a variety of industries and companies for many kinds of SAP projects, including greenfield implementations, support, upgrade, and global roll outs. Kartik Dua is an accomplished SAP leader with extensive functional and technical experience in managing and strategizing various business processes such as order-to-cash, revenue recognition, procure-to-pay, tax and treasury, financial planning and analysis, accounting, and CO-PA using both on-premise and cloud ERP and CRM solutions.

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LSMW Case Study: Mass-Changing Email Addresses in SAP

For SAP projects that do not have a dedicated data team involved, it is the responsibility of consultants to handle the data load and data...