How to use RTCTM - Currency Translation Method

SAP Transaction Code - Details

• Transaction Code: RTCTM

  Description: Currency Translation Method

  Release: S/4HANA only

• • Program: SAPLRTC_CT_METHOD

    Screen: 100

    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: RTCTM - Currency Translation Method

  
  Overview:
  The SAP transaction code RTCTM stands for Currency Translation Method. It is used to define the currency translation method for a company code. This method is used to convert foreign currency amounts into local currency amounts. 
  
  Functionality: 
  The RTCTM transaction code allows users to define the currency translation method for a company code. This method is used to convert foreign currency amounts into local currency amounts. The currency translation method can be set up for each company code and can be changed at any time. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code RTCTM in the command field. 
  2. Enter the company code for which you want to define the currency translation method. 
  3. Select the currency translation method from the list of available methods. 
  4. Click “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to note that the currency translation method should be set up for each company code and can be changed at any time if needed. Additionally, it is recommended that users familiarize themselves with the different types of currency translation methods available in order to select the most appropriate one for their company code.