Unearth the hidden secrets of parallel currencies in SAP ERP Financials

Functional currency. Group currency. Hard currency. Index currency. Controlling area currency. Ledger currency. Global currency. Add to these the complexities associated with parallel valuations — such as legal valuation and group valuation — and it is easy to see why currencies are one of the most misunderstood (but also most powerful) features of SAP ERP Financials. Attend this session to uncover the hidden secrets of parallel currencies and gives you a toolbox of tactics and workarounds. By attending, you will learn:

- How to fully exploit the most underutilized functionality of parallel currencies, including how to properly configure group currencies in ERP Financial modules as well as Universal Journal in SAP S/4HANA Finance
- How to plan for SAP General Ledger and SAP S/4HANA Finance’s impact on parallel currencies
- Step-by-step guidance on managing a currency conversion project in a live SAP system, including how to define the scope, frame out your methodology, and execute the strategy