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.
Mitesh Sanghavi
Mitesh Sanghavi is an SAP S/4HANA solution architect for the areas of finance and treasury with more than 18 years of consulting experience in designing, implementing, and managing complex SAP solutions worldwide. Mitesh is a certified project manager with master’s degrees in finance and economics. He also has detailed end-to-end business process knowledge for the media and entertainment, oil and gas, power, manufacturing, retail, and pharmaceuticals industries.
Blogs by Mitesh Sanghavi
The financial close process is a complex and critical process that requires a high level of expertise, attention to detail, and coordination across...
These days the role of a treasury organization is evolving from being just a function of finance to also being an advisor to the company.