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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.

Shyam Patel
Shyam Patel

Shyam Patel has more than 14 years of experience in ERP and business operations. His main expertise is in SAP Sales and Distribution and logistics execution, with additional knowledge on SAP S/4HANA, SAP Fiori, materials management, SAP Solution Manager 7.2, and more. He has been involved in multiple ERP projects, both system upgrades and greenfield implementations.

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Vendor Consignment Stock with SAP: Sales-to-Customer Through the Order-to-Cash Process

In a day and age where businesses are working to avoid incurring large inventory costs, testing market sentiment before committing to buying and...