What is currency code in SAP BC-ABA - ABAP Runtime Environment?

SAP Term: currency code

• Component: BC-ABA

• Component Name: ABAP Runtime Environment

• Description: Content of a curruncy key. Valid currency codes are defined in the database table TCURC. The database table TCURX contains the currency codes for currencies for which the number of decimal places is not two.

Smart SAP Assistant

• Key Concepts: 
  A currency code is a three-letter code used to identify a specific currency in SAP. It is used to store and display amounts in the correct currency. The currency code is part of the BC-ABA ABAP Runtime Environment, which is a set of tools and services that enable the development and execution of ABAP programs. 
  
  How to use it: 
  In order to use the currency code, you must first define the currencies you want to use in your system. This can be done in the SAP system by going to the IMG (Implementation Guide) and selecting “Define Currencies”. Once you have defined the currencies, you can then assign a currency code to each one. This code will be used when entering or displaying amounts in that currency. 
  
  Tips & Tricks: 
  When entering amounts in different currencies, it is important to make sure that you are using the correct currency code for each one. This will ensure that the amounts are displayed correctly in reports and other documents. Additionally, it is important to keep track of any changes in exchange rates, as this can affect how much an amount is worth in different currencies. 
  
  Related Information: 
  For more information on how to use currency codes in SAP, please refer to the SAP Help documentation on “Defining Currencies”. Additionally, there are many online resources available that provide information on exchange rates and other related topics.