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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.

Wang Yafeng
Wang Yafeng

Wang Yafeng is an SAP FICO consultant with more than 11 years of consulting experience in implementation and global support. Yafeng is certified in C_TS4FI and ITIL V4 Foundation, and has a master’s degree in software engineering. He also has rich experience in SAP ERP modules, integrations, and cross applications integrations.

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What Is the Difference Between Moving Average Price and Standard Price in SAP?

In any SAP system (SAP ERP or SAP S/4HANA), there are two basic types of price control for materials: moving average price and standard price. In...