What is 'leading currency' in SAP FIN-FSCM-TRM-TM - Transaction Manager?

leading currency - Overview

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: A unit in treasury used to define the exchange ratio between currency pairs. The rate specifies how many units of the following currency you pay for a unit of the leading currency.

leading currency - Details

• 
  Key Concepts: 
  Leading currency is a term used in SAP Transaction Manager (FIN-FSCM-TRM-TM) to refer to the currency that is used as the basis for all other currencies in a transaction. It is the currency that is used to calculate the exchange rate for all other currencies involved in the transaction. 
  
  How to use it: 
  In SAP Transaction Manager, leading currency is set up by defining a currency type and assigning it as the leading currency. This can be done in the Currency Types tab of the Currency Settings window. Once a leading currency has been set up, it will be used as the basis for all other currencies in a transaction. 
  
  Tips & Tricks: 
  When setting up a leading currency, it is important to ensure that it is set up correctly. This will ensure that all exchange rates are calculated accurately and that transactions are processed correctly. 
  
  Related Information: 
  For more information on setting up leading currencies in SAP Transaction Manager, please refer to the official SAP documentation.