What is 'product type currency' in SAP CA-FS-PO - Price Optimization for Banking?

product type currency - Overview

• Component: CA-FS-PO

• Component Name: Price Optimization for Banking

• Description: The currency used by the system during multicurrency pricing events. Allother currencies are converted to this currency.

product type currency - Details

• 
  Key Concepts: 
  Product type currency is a feature of the SAP Component CA-FS-PO Price Optimization for Banking. It allows users to define different currencies for different product types. This allows users to set different prices for different products in different currencies. 
  
  How to use it: 
  To use product type currency, users must first define the currencies they want to use for each product type. This can be done in the SAP system by navigating to the “Product Type Currency” tab in the CA-FS-PO Price Optimization for Banking component. Once the currencies have been defined, users can then set different prices for each product type in the corresponding currency. 
  
  Tips & Tricks: 
  When setting prices for each product type, it is important to consider the exchange rate between the different currencies. This will ensure that prices are set correctly and accurately reflect the value of each product type. 
  
  Related Information: 
  For more information on product type currency and how to use it, please refer to the SAP Help documentation on CA-FS-PO Price Optimization for Banking.