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

SAP Term: system currency

• Component: SBO

• Component Name: SAP Business One

• Description: Currency to which all the transactions are translated automatically. This is a "shadow" currency, so that it is impossible to create transactions using the system currency alone.

Smart SAP Assistant

• Key Concepts: 
  System currency is a feature of SAP Business One (SBO) that allows users to set a default currency for their system. This currency is used to record all financial transactions and is the basis for all calculations. It is important to note that the system currency cannot be changed once it has been set. 
  
  How to use it: 
  To set the system currency, go to the Administration menu and select System Initialization. Under the General tab, select the Currency field and choose the desired currency from the drop-down list. Once selected, click OK to save the changes. 
  
  Tips & Tricks: 
  It is important to note that all transactions must be recorded in the system currency. If a transaction is made in a different currency, it must be converted into the system currency before it can be recorded. 
  
  Related Information: 
  For more information on system currency, please refer to SAP’s official documentation on setting up currencies in SBO.