What is native currency in SAP CA-FS-PO - Price Optimization for Banking?

SAP Term: native currency

• Component: CA-FS-PO

• Component Name: Price Optimization for Banking

• Description: The currency used in a pricing segment.

Smart SAP Assistant

• Key Concepts: 
  Native currency is a term used in the SAP component CA-FS-PO Price Optimization for Banking. It refers to the currency that is used as the base currency for all transactions within the system. This currency is typically the same as the country or region in which the system is located. 
  
  How to use it: 
  The native currency is used to calculate all transactions within the system. All transactions are converted into this currency before being processed. This ensures that all transactions are consistent and accurate. 
  
  Tips & Tricks: 
  It is important to ensure that the native currency is set correctly in order to ensure accurate calculations. It is also important to keep track of any changes in exchange rates, as this can affect the accuracy of calculations. 
  
  Related Information: 
  The native currency can be changed at any time, but it is important to understand how this will affect existing transactions and calculations. Additionally, it is important to understand how exchange rates can affect calculations and transactions.