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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.

Trung Van Tran
Trung Van Tran

Trung Van Tran has spent the last two decades as an SAP supply chain expert, focused exclusively on enterprise SAP implementations in different verticals for a multitude of Fortune 500 companies. This includes B2B, logistics, banking, chemical, oil and gas, natural gas, food services, telecom, beverage, retail, wholesale, apparel, footwear, and pharmaceuticals. His focus has been on SAP, B2B integration technologies, and analytics applications that enable global multinational enterprise organizations to be more efficient through automation, integration, and by streamlining integral business processes.

Blogs by Trung Van Tran

FICO

What Is SAP Joule?

Recently, SAP introduced a new generative AI tool called Joule. But what is this SAP hype surrounding Joule, and what does it do?   

Programming

EDI Integration with SAP S/4HANA

Enterprise organizations today that run SAP S/4HANA need to be more competitive than ever.