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.
Nikolai Lorenz
Nikolai Lorenz graduated from the University of Applied Sciences at Bonn-Rhein-Sieg in 2012 and has worked as an SAP TM consultant ever since. His focus is on side-by-side scenarios and embedded TM in SAP S/4HANA.
Blogs by Nikolai Lorenz
Incoterms (international commercial terms) are a crucial part of information in transportation logistics.