What is per transaction currency in SAP FIN-SEM-BCS - Business Consolidation?

SAP Term: per transaction currency

• Component: FIN-SEM-BCS

• Component Name: Business Consolidation

• Description: For each monetary unit used in a business event.

Smart SAP Assistant

• Key Concepts: 
  Per transaction currency is a feature of SAP Business Consolidation that allows users to view and analyze financial data in multiple currencies. This feature allows users to view and analyze financial data in the currency of the transaction, rather than the currency of the company. This helps to provide a more accurate picture of the company’s financial performance. 
  
  How to use it: 
  To use per transaction currency, users must first enable it in the system settings. Once enabled, users can select the currency of the transaction when entering financial data into the system. The system will then convert the data into the company’s currency for reporting purposes. 
  
  Tips & Tricks: 
  When using per transaction currency, it is important to ensure that all transactions are entered in the correct currency. This will help to ensure that all financial data is accurately reported and analyzed. Additionally, it is important to keep track of exchange rates when entering transactions in different currencies. 
  
  Related Information: 
  For more information on per transaction currency, please refer to SAP’s documentation on Business Consolidation. Additionally, there are many online resources available that provide detailed information on how to use this feature.