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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.

Vipul Pal
Vipul Pal

Vipul Pal is a senior SAP FICO, SAP BRIM, and SAP RAR consultant. He is a certified financial analyst by the Corporate Finance Institute, and has a clear understanding of B2C business processes and their financial accounting and reporting requirements. In addition, Vipul has SAP-issued certificates for both SAP S/4HANA Finance and SAP BRIM.

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FICO

How SAP FICA and SAP Convergent Invoicing Applies to B2C Businesses

Business-to-consumer (B2C) business involves the process of selling products and/or services directly to individual customers.