Last Updated on August 3, 2022 by admin

Currency Types in SAP S/4 Hana

Currency type defines the purpose of a currency. The standard SAP S/4Hana system provides the various standard currency types for various purposes. The following are the important currency types in SAP S4 Hana

Currency Type Description
00 Document Currency
01 Document Currency in Group Valuation
02 Document Currency in Profit Center Valuation
10 Company Code currency
11 Company code currency, Group Valuation
12 Company code currency, profit center valuation
20 Controlling area currency
30 Group Currency
31 Group currency, Profit center valuation
40 Hard currency
50 Index based currency
60 Global Company Currency
70 Controlling object currency
71 Controlling object currency, Group valuation
72 Controlling object currency, profit center valuation
80 Ledger Currency
81 Ledger currency, profit center valuation
82 Ledger currency, profit center valuation
90 Profit center invoice currency
92 Financial Management Area currency

SAP S/4 Hana allows to use of up to 10 parallel currencies per ledger, so you can easily manage, check and monitor the balances and line items in different currencies as per an organisation’s requirements.

How to define currency types in SAP S/4 Hana

The following are the standard currency types that are available in this IMG activity

00 – Document Currency
10  – Company Code Currency
20  – Controlling Area Currency
30  – Group Currency
40 –  Hard Currency
50  – Index-Based Currency
60  – Global Company Currency
70  – Controlling Object Currency

You can define currency types in SAP S/4Hana by using the following configuration steps

IMG Menu Path: SAP Customizing Implementation Guide  > Financial Accounting > Financial Accounting Global Settings > Ledgers > Ledger > Define Settings for Ledgers and Currency Types

Step 1: Execute transaction code “SPRO”

Step 2: Choose “SAP Reference IMG”

Step 3: Follow the menu path and execute the IMG activity “Define settings for ledgers and currency types”.

Define settings for ledgers and currency types in SAP Hana menu path

Step 4: On the change view “currency types” overview screen, it displays the list of defined currency types in SAP S/4Hana. To define a new currency type in the SAP S4 Hana system, click on the new entries button.

Currency Types in SAP S4 Hana

 

Step 5: On new entries of the currency type creation screen, enter the following details

  • Currency Type: Enter 2 digits key that defines the currency type in SAP Hana
  • Description: Enter the description of currency type
  • Short Description: Enter the short description of currency type
  • Definition Level Settings: Choose the definition level for currency type settings as Global or company code specific.

How to Define Currency Types in SAP S4 Hana

Click the save button to save the defined currency types in SAP S4 Hana.

 

Interview Questions

  1. What are the currency types can you set in IMG customisation activity “define settings for ledgers and currency types”
  • Document Currency
  • Company Code Currency
  • Controlling Area Currency
  • Group Currency
  • Hard Currency
  • Index-Based Currency
  • Global Company Currency
  • Controlling Object Currency

2. How many currency can you define in SAP S4 Hana system?.