What is above-price currency in SAP (SCM-ICH - Supply Network Collaboration)?

SAP Term: above-price currency

• Component: SCM-ICH

• Component Name: Supply Network Collaboration

• Description: Currency of the above-price tolerance amount.

AnswerBot for ERP

• Key Concepts: 
  Above-price currency is a feature of the Supply Network Collaboration (SCM-ICH) component of SAP. It allows companies to set up a currency for their transactions that is different from the currency of the country in which they are located. This allows companies to better manage their international transactions and ensure that they are not subject to exchange rate fluctuations. 
  
  How to use it: 
  To use above-price currency, companies must first set up a currency in the SCM-ICH component of SAP. This can be done by selecting the “Currency” option from the “Settings” menu. Once the currency has been set up, companies can then enter their transactions in the currency of their choice. 
  
  Tips & Tricks: 
  When setting up above-price currency, it is important to remember that all transactions must be entered in the same currency. This will ensure that all transactions are accurately recorded and that exchange rate fluctuations do not affect the accuracy of the data. 
  
  Related Information: 
  For more information on setting up above-price currency in SAP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed instructions on how to set up and use this feature.