What is account currency in SAP SBO - SAP Business One?

SAP Term: account currency

• Component: SBO

• Component Name: SAP Business One

• Description: The currency used for all journal entries in a specified account.

Smart SAP Assistant

• Key Concepts: 
  Account currency is a feature in SAP Business One (SBO) that allows users to set a default currency for each account. This currency is used to record all transactions related to the account, and it can be changed at any time. The account currency is also used to calculate exchange rates when dealing with multiple currencies. 
  
  How to use it: 
  To set an account currency in SBO, go to the Accounts tab and select the account you want to change. Then, click on the “Currency” field and select the desired currency from the drop-down list. Once you have selected the currency, click “Save” to apply the changes. 
  
  Tips & Tricks: 
  When setting an account currency, make sure that it is consistent with other accounts in your system. This will help ensure that all transactions are recorded accurately and that exchange rates are calculated correctly. 
  
  Related Information: 
  For more information on setting an account currency in SBO, please refer to the official SAP Business One documentation.