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Maintaining Currency in SAP

Print This Post Email This Post Written by admin on May 6th, 2010 | Filed under: Finance (FI)

Currency (the legal means of payment in a country) in SAP is denoted by a 3-character Currency Code, maintained per ISO standards. Example: USD (U.S. Dollars), INR (Indian Rupee), GBP (Great Britain Pound), etc. Each currency code in the system will have a validity defined.

A currency is defined in SAP using the IMG path: General settings>Currencies >Check exchange rate types.

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