Local Currency and Group Currency (SAP Library - Business Consolidation (SEM-BCS))

Local Currency and Group Currency

Local currency for a consolidation unit.

If the local currency is not the same as the group currency, translation from the local currency to the group currency is required.

Currency for a consolidation group.

The local currency is a property of the primary consolidation unit. The local currency is

● version independent

● effective year dependent

The group currency key is a characteristic in the data basis.

You can have multiple group currencies in a version.

You must always enter the group currency key in reporting. This also applies to reports in the local currency.

Note

The group currency is not a property of the consolidation group.