What is currency measure in SAP EPM-SA - SAP Spend Performance Management?

SAP Term: currency measure

• Component: EPM-SA

• Component Name: SAP Spend Performance Management

• Description: A measure that is quantified by currency, such as Spend. There are 3 possible types of currency measures: document currency, global currency, and local currency.

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• Key Concepts: 
  Currency measure is a component of SAP Spend Performance Management (EPM-SA) that allows users to track and analyze their spending in different currencies. It enables users to compare their spending in different currencies, as well as to convert their spending into a single currency for reporting purposes. 
  
  How to use it: 
  To use the currency measure component of SAP Spend Performance Management, users must first set up their currency preferences. This can be done by selecting the currencies they wish to track and analyze from the list of available currencies. Once the currencies have been selected, users can then enter their spending data into the system and view it in the desired currency. 
  
  Tips & Tricks: 
  When setting up the currency preferences, it is important to select the currencies that are most relevant to your business. This will ensure that you are able to accurately track and analyze your spending in different currencies. Additionally, it is important to ensure that all of your spending data is entered into the system correctly, as this will ensure that your reports are accurate. 
  
  Related Information: 
  The currency measure component of SAP Spend Performance Management is closely related to other components such as budgeting and forecasting, which allow users to plan and manage their spending more effectively. Additionally, this component can be used in conjunction with other SAP tools such as SAP Analytics Cloud, which provides advanced analytics capabilities for analyzing and visualizing data.