What is 'currency code' in SAP SBO - SAP Business One?

currency code - Overview

• Component: SBO

• Component Name: SAP Business One

• Description: A code or symbol that identifies a type of currency. In , a symbol or combination of alphanumeric characters and symbols may also be used, for example, US$.

currency code - Details

• 
  Key Concepts: 
  A currency code is a three-letter code used to identify a specific currency in SAP Business One. It is used to define the currency of a transaction, such as an invoice or purchase order. The currency code is also used to set the exchange rate for a transaction. 
  
  How to use it: 
  In SAP Business One, currency codes are used to define the currency of a transaction. When creating an invoice or purchase order, you will need to select the appropriate currency code from the drop-down list. The currency code will then be used to set the exchange rate for the transaction. 
  
  Tips & Tricks: 
  When selecting a currency code, make sure that it matches the currency of the transaction. If you are unsure of which currency code to use, you can refer to the list of available currencies in SAP Business One. 
  
  Related Information: 
  For more information on how to use currency codes in SAP Business One, please refer to the official SAP documentation.