What is 'FX type' in SAP EPM-BPC - Business Planning and Consolidation?

FX type - Overview

• Component: EPM-BPC

• Component Name: Business Planning and Consolidation

• Description: A user-defined dimension property name used for currency.

FX type - Details

• 
  Key Concepts: 
  FX type is a component of the SAP EPM-BPC Business Planning and Consolidation (BPC) system. It is used to define the currency type for a particular transaction. This includes the currency code, exchange rate, and other related information. 
  
  How to use it: 
  In order to use FX type, you must first define the currency type for a particular transaction. This can be done by entering the currency code, exchange rate, and other related information into the BPC system. Once this is done, you can then use FX type to convert the transaction into the desired currency. 
  
  Tips & Tricks: 
  When using FX type, it is important to ensure that all of the information entered is accurate. This will help to ensure that the conversion is successful and that the desired currency is used. Additionally, it is important to keep track of any changes in exchange rates as this could affect the accuracy of the conversion. 
  
  Related Information: 
  For more information on FX type and how to use it in SAP EPM-BPC Business Planning and Consolidation, please refer to SAP's official documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use FX type in BPC.