Foreign Currency Revaluation and Translation
2 results
-
Don’t Let Uncertainty Derail Your Finance and Accounting Operations
Interruptions in business are inevitable and are especially challenging for finance and accounting professionals, who do not like the risk associated with uncertainty. Keeping business running as usual while trying to change and adapt can be difficult even when everyone is in the office, but when teams are forced to work remotely, finance processes that…
-
Freely-Definable Currency and Financial Statement Version (FSV) Setup
Global SAP customers often need operational currency that differs from the national currency their legal entity(s) resides in. To reconcile this discrepancy, SAP customers have, in the past, created mirror company codes, used special ledger, or performed currency conversion/translation in a data warehouse (i.e. SAP BW/BPC) to support their reporting needs. According to delaware Consulting,…
Your request has been successfully sent