What is document currency in SAP FI - Financial Accounting?

SAP Term: document currency

• Component: FI

• Component Name: Financial Accounting

• Description: The currency in which a document is posted.

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• Key Concepts: 
  Document currency is a term used in SAP Financial Accounting (FI) to refer to the currency of a document. This currency is used to record the value of the document and is used to determine the exchange rate for any foreign currency transactions. The document currency is usually the same as the company code currency, but it can be different if needed. 
  
  How to use it: 
  In SAP FI, document currency is used when creating documents such as invoices, payments, and bank statements. When creating a document, the user must select a document currency from a list of available currencies. This selection will determine the exchange rate that will be used for any foreign currency transactions. 
  
  Tips & Tricks: 
  When selecting a document currency, it is important to consider the company code currency and any foreign currency transactions that may be involved. If the company code currency and the document currency are different, then an exchange rate must be specified in order for the transaction to be processed correctly. 
  
  Related Information: 
  For more information on document currency in SAP FI, please refer to SAP Help documentation or contact your local SAP support team.