Currencies 4.6fi_26.1 Chapter 26 Currencies • The system provides standard functionality for processing transactions in foreign currencies and valuating transactions and accounts managed in foreign currencies. • Chapter Objectives – Provide an understanding of the configuration issues connected with foreign currency functionality in the system. – Provide an understanding of how transactions posted in foreign currencies can be translated into the local currency. – Provide an understanding of how open items and account balances are automatically valuated using standard system programs.
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Currencies4.6fi_26.1
Chapter 26 Currencies
• The system provides standard functionality for processing transactions in foreign currencies and valuating transactions and accounts managed in foreign currencies.
• Chapter Objectives
– Provide an understanding of the configuration issues connected with foreign currency functionality in the system.
– Provide an understanding of how transactions posted in foreign currencies can be translated into the local currency.
– Provide an understanding of how open items and account balances are automatically valuated using standard system programs.