How to use RTCCTK - Currency Translation Key

SAP Transaction Code - Details

• Transaction Code: RTCCTK

  Description: Currency Translation Key

  Release: S/4HANA only

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FINS_RTC_CT

    Package Description: Real-Time Consolidation: Currency Translation

    Parent Package: FINS_RTC

  • Module/Component: FIN-RTC

    Description: Real-Time Consolidation

Smart SAP Assistant

• SAP Tcode: RTCCTK - Currency Translation Key

  
  Overview:
  The SAP transaction code RTCCTK is used to maintain the currency translation key in the SAP system. This key is used to convert foreign currency amounts into local currency amounts. It is important for companies that operate in multiple countries and need to report their financial results in a single currency. 
  
  Functionality: 
  The RTCCTK transaction code allows users to maintain the currency translation key in the SAP system. This key is used to convert foreign currency amounts into local currency amounts. The key consists of a source currency, a target currency, and a conversion rate. The conversion rate is used to convert the source currency into the target currency. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code RTCCTK in the command field of the SAP system. 
  2. Select “Create” from the menu bar. 
  3. Enter the source and target currencies and the conversion rate for each pair of currencies. 
  4. Select “Save” from the menu bar to save your changes. 
  5. Select “Activate” from the menu bar to activate the currency translation key. 
  
  Other Recommendations: 
  It is important to keep the currency translation key up-to-date in order to ensure accurate financial reporting. It is recommended that users review and update the key on a regular basis, such as monthly or quarterly, depending on their business needs.