What is run administration in SAP FI-GL-CU-MCA - Multi Currency Accounting?

SAP Term: run administration

• Component: FI-GL-CU-MCA

• Component Name: Multi Currency Accounting

• Description: Central administration of all periodic runs from the following applications: Average Daily Balance ADB Error Correction and Suspense Accounting ECS MCA Run administration provides a structured overview of the run information. You can display more detailed information about the individual positions right down to document level.

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• Key Concepts: 
  Run administration is a feature of SAP's Multi Currency Accounting (MCA) component. It allows users to manage and monitor the currency conversion process in their SAP system. This includes setting up the currency conversion rates, monitoring the currency conversion process, and managing the currency conversion results. 
  
  How to use it: 
  To use run administration, users must first set up the currency conversion rates in their SAP system. This can be done by entering the exchange rate for each currency in the system. Once this is done, users can then monitor the currency conversion process by viewing the status of each currency conversion. Finally, users can manage the results of the currency conversion by viewing the converted amounts and making any necessary adjustments. 
  
  Tips & Tricks: 
  When setting up the currency conversion rates, it is important to ensure that they are accurate and up-to-date. This will help ensure that the results of the currency conversion are accurate and reliable. Additionally, it is important to regularly monitor the status of each currency conversion to ensure that it is running smoothly. 
  
  Related Information: 
  For more information on run administration in SAP's Multi Currency Accounting component, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide helpful tips and tricks for using run administration in SAP's MCA component.