FSV

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  1. Foreign currency concept

    Freely-Definable Currency and Financial Statement Version (FSV) Setup

    Reading time: 10 mins

    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,…