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Ajeet Kumar Agarwal
January 2, 2018 | 13 minute read
SAP S/4HANA Currency Setup
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Objective
This blog is aimed to provide an insight and overall understanding and
consideration of currency setup in S/4HANA environment and have tried to answer
the following queries.
What is currency type
In SAP S/4HANA how many kind of currency types exists
How to setup custom currency type
How to set a currency key with the custom currency types
How to setup currency in Finance and linking Currency and Ledger
Options to setup currency in material Ledger
Options to setup currency in Transfer Pricing
Options to setup currency in Controlling Area
Options to setup currency in COPA
Options to setup currency in New Asset Accounting
Introduction of new currencies with S/4HANA 1809 release
Amount Field Length Extension with S/4HANA 1809 release
What is currency type
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In SAP configuration, currency plays an important role. In SAP, all currencies are
maintained according to ISO Standard. We can configure currencies as per the rules
of the country defined in the company code. SAP provides currencies of every
country and we can also define our own currency if we require.
Currency Types in S/4HANA
We have following standard Currency types in SAP S/4HANA
Currency Type 00
Document currency is the currency that is applied for the document and
company code currency is the currency where the document is generated.
Example : An Indian company does a posting for a Sale of goods in USA. In
this case the document currency would be USD and the Company code
currency would be INR
Currency Type 10
Company code currency is defied at company code level in transaction OX02
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11- Co Code Currency Group Valuation (used in Transfer Pricing)
12- Co Code Currency PC Valuation (used in Transfer Pricing)
(Currency Type 11 and 12 are explained in transfer pricing section)
You can select currency type 10 in controlling area only if all company codes
assigned to the controlling area uses same currency.
Currency Type 20
If data is returned from Controlling to financial accounting in your application, for
example via order settlement, you must use a currency type in the controlling area
that is also used as the currency type of a parallel currency in the assigned company
codes. Typically, these are the currency types for a group currency, hard currency or
index-based currency.
–> Currency type 20 cannot be used in FI.
Currency type 20 is supported in FINSC_LEDGER, therefore only for compatibility
reasons; if currency type 20 was already used in CO, then after migration of the
currency configuration, “KSL” field of ACDOCA will be used for CO only, and FI will
work with the fields HSL, OSL and VSL.
For new installations we strongly recommend to configure currency type 30 in CO
and in FI (for the KSL (Group Currency) field in ACDOCA).
Currency Type 30
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You define the currency key for these currency types when you define the client. You
can define it by T-code: SCC4.
Currency type 20 is only known by cost accounting, whereas currency type 30 is
known in financial accounting also. Therefore, data transmission via the modules CO,
AM, and FI works seamlessly without any difficulties if currency type 30 is used by
all.
Whether to use currency type 20 or 30 to know more detail you may read OSS note
119428
31- Group Currency Group Valuation (used in Transfer Pricing)
32- Group Currency PC Valuation (used in Transfer Pricing)
(Currency Type 31 and 32 are explained in transfer pricing section)
Currency Type 40 and 50
Hard Currency and Index Based Currency
You define the currency key for this currency type when defining the countries in the
“Hard currency” field T-code: OY01
If you select currency type 40 or 50 in controlling area, the company codes must
either be in the same country, or the countries must use the same index-based
currency or hard currency.
Currency Type 60 – Global Company Currency
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If you select currency type 60 in Controlling area, the company codes must belong to
the same company, or the companies must use the same currency.
With currency types 40, 50, and 60, specify the currency only as long as no company
codes have been assigned. If company codes have been assigned, the system
defaults the currency automatically.
Currency Type 70 Object currency (CO)
Each object in Controlling, such as cost center or internal order, may use a separate
currency specified in its master data. When you create an object in CO, the SAP
system defaults the currency of the company code to which the object is assigned as
the object currency. You can specify a different object currency only if the controlling
area currency is the same as the company code currency. There is an object
currency for the sender as well as one for the receiver.
Supported currencies in ERP
Still in S/4HANA till On-premise 1709 release we have maximum 3 currencies in
FI(BSEG), 2 currencies in CO and 3 currencies in ML. However in Universal Journal
table(ACDOCA) we can have maximum upto 10 currencies.
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Currencies used in S/4HANA 1610 Onwards
From SAP S/4HANA 1610 On Premise version as well with SAP S/4 HANA Finance
1605 we can have upto 10 currencies in Universal Journal (ACDOCA)
Go to SPRO -> Financial Accounting->Financial Accounting Global Settings->
Ledgers-> Ledger -> Define Settings for Ledgers and Currency Types
In this Customizing activity, you configure the currency types and currency
conversion settings that you use in Accounting and define the corresponding ledger
settings and assign accounting principles for ledgers and company codes.
Currency Types
Check your currency settings and create additional currency types if required. Your
own currency types must begin with the letter Y or Z, for example Y1, Y2, ZA etc.
For each currency type you decide whether you want the corresponding currency
conversion settings to be valid globally for all company codes or want to define the
currency conversion settings at company code-level.
You can’t make any changes to the SAP standard currency types Document
Currency (00) and Company Code Currency (10). For the other standard currency
types, you can define whether the corresponding currency conversion settings are
valid globally or at company code-level.
If you are using transfer prices, create the required number of currency types
(depending on the valuation methods you need) and select the valuation view you
need (legal, group, or profit center valuation). For the currency types with group or
profit center valuation, you need to enter the base currency type, meaning the
currency type with the legal valuation view on which the transfer prices valuation will
be based. For each base currency type there can be only one currency type using
group valuation and one using profit center valuation.
Global Currency Conversion Settings
For your own currency types, enter the currency into which the conversion is to be
made (Currency field), and the currency from which currency conversion is to be
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made (Source Currency field). In addition, enter the exchange rate type and the date
on which the translation is to be carried out (document date, posting date, or
translation date). You can also decide whether the currency conversion shall be done
in real-time. If you don’t select the Real-time Conversion checkbox, you can do this at
period-end closing using the foreign currency run.
Currency Conversion Settings for Company Codes
Company code settings for the ledger
ACDOCA V/s BSEG currency settings
First 2 Currency fields are derived from local currency i.e company code currency
and controlling area currency and rest 8 fields are freely defied currency per ledger
and all these fields you may see in Universal Journal table (ACDOCA)
There is no dependency on the currency types of the leading ledger.
Real-time currency conversion for all currency types is possible (or with foreign
currency valuation program at period-end
Still BSEG is populated with 3 currencies so you may choose which 3 currencies you
want to populate in BSEG (of course first currency will be default to company code
currency for BSEG)
For further detail you may refer OSS note 2344012 (Currencies in Universal Journal)
Currencies used in Controlling
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The system uses this currency for cost accounting. This currency is set up when you
create the controlling area. It is based on the assignment control indicator and the
currency type, following possible currencies can be assigned to controlling area,
these are explained in currency type section above.
10
Company code currency
30
40
Group currency
Hard currency
50
60
Index-based currency
Global company currency
Controlling Area Currency
SPRO-> Controlling-> General Controlling-> Organization-> Maintain Controlling
Area
Transaction Currency (CO)
Documents in Controlling are posted in the transaction currency. The transaction
currency can differ from the controlling area currency and the object currency. The
system automatically converts the values to the controlling area currency at the
exchange rate specified.
The transaction currency is USD, the controlling area currency is EUR, and the object
currency is SFR (Swiss francs). The system converts the amounts as follows:
1. From transaction currency to controlling area currency (USD to EUR)
2. From controlling area currency to object currency (EUR to SFR)
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Material Ledger Currencies
SPRO->Controlling->Product Cost Controlling-> Actual Costing/Material Ledger->
Assign Currency Types and Define Material Ledger Types
Currency Type 10, 30
With Transfer Pricing active
For example we can have following currency types in Material Ledger
Currency Type 10, 31
Or
Currency Type 10, 32
Or
Currency Type 10, 31,32
Profit Center Currency with Transfer Pricing
Transaction 0KE5
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It is common to set 30 in the controlling area, 10 and 32 in the currency and
valuation profile, and 10 and 32 in the material ledger.
If you then set the profit center local currency type to 30 and valuation view 2 (profit
center valuation) in Profit Center Accounting, the currency type 32 is continuously
used. In Profit Center Accounting, 32 is updated as profit center local currency in the
currency field KSL. The company code local currency in the profit center valuation
(12) is then translated from the values 32 with the exchange rate type M with the
current exchange rate (and updated in the field HSL). This means that in Profit
Center Accounting, only the PCA valuation is available. The legal valuation (10, 30) is
no longer available in PCA.
Similarly, if you then set the profit center local currency type to 30 and valuation
view 1 (Group Valuation) is selected in profit center accounting then the currency
type 31 is used. In Profit Center Accounting, 31 is updated as profit center local
currency in the currency field KSL. The company code local currency in the profit
center valuation (11) is then translated from the values 31 with the exchange rate
type M with the current exchange rate (and updated in the field HSL). This means
that in Profit Center Accounting, only the group valuation is available. The legal
valuation (10, 30) is no longer available in PCA.
The flows of goods in legal valuation and in profit center valuation are valuated
differently, even if the currency key is identical. For details. Please read the SAP note
1442153 .
If you need to change, add or delete any currency settings after the Material Ledger
is productive, you would need to reverse the customizing changes, deactivate the
Material Ledger, change the customizing to the desired values and restart the
Material Ledger again. As a consequence, you will lose all the Material Ledger data in
the system. Please, check the KBA 1511335 on this topic. Take into account that
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deactivation means running report SAPRCKMJX, and this report deletes all the
Material Ledger data for the corresponding plant.
An alternative would be to use the SLO conversion services so that all Material
Ledger data in the tables for currency type 20 are converted to currency type 30.
Please, consider that this is a chargeable service.
Transfer Pricing Define Currency + Valuation Profile
You only need the currency and valuation profiles if you want to manage various
valuations in parallel in your system
Group and profit center valuation must also be managed correspondingly in the
material ledger as a currency type and valuation category as explained in material
ledger section.
Typical currency settings with profit center valuation:FI: 10, 32
CO: 30
Currency and valuation profile: 10, 32
Material ledger: 10, 32
Profit Center Accounting: 30 and profit center valuation (= 32)
PCA 32 (KSL), 12 (HSL)
Currency type 12 is translated from 32 with Exchange rate type M at current rate
This means that in Profit Center Accounting, only the PCA valuation is available. The
legal valuation (10, 30) is no longer available in PCA
Typical currency settings with Group valuation:FI: 10, 31
CO: 30
Currency and valuation profile: 10, 31
Material ledger: 10, 31
Profit Center Accounting: 30 and profit center valuation (= 31)
PCA 32 (KSL), 11 (HSL)
Currency type 12 is translated from 32 with Exchange rate type M at current rate
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This means that in Profit Center Accounting, only Group valuation is available. The
legal valuation (10, 30) is no longer available in PCA
Transfer Pricing Currency setup in Account V/s Ledger approach
The following two functions are available: For your valuation views, you can either use
separate ledgers or map multiple valuation views within a ledger.
If you decide on the scenario with separate ledgers, assign a valuation view to a
ledger: The legal, group, or profit center valuation view. In this ledger, you can only
configure currency types in the appropriate valuation view. The local and global
currency are then always configured in the valuation view of the respective ledger.
If you want to use multiple valuation views within a ledger, do not assign a valuation
view to the ledger. The local and global currency are then always used in the legal
valuation view in this ledger.
Separate ledger approach is available from S/4HANA1610 onwards that means if
customers are already using transfer pricing in their source system and doing a
conversion to S/4HANA 1610 or higher version then the second approach i.e “Several
valuation views within a ledger” would be possible solution.
For further detail you may use this link:https://help.sap.com/viewer/651d8af3ea974ad1a4d74449122c620e/1709%20000
/en-US/f550d7531a4d424de10000000a174cb4.html
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Restriction- ML can not be deactivated in S/4HANA
As of 1709 release , In the case the productive start was carried out and the material
ledger postings exist in ACDOCA( = there are BSX line items), and customer wants to
change any settings that might influence material ledger postings (change of the
CURTPs in ML Type, any customizing change of GL that influence the set up of the
table FMLT_CURTP_ML, just to name some of them) then there is no other solution
but to introduce the new company code and start from the scratch the ML setup.
This is recommendable for the test system.
For detail you may refer OSS note 2512618
Operating Concern Currency
This determines the currency and the valuation view in which the values in CO-PA are
to be displayed or planned.
Actual data can be updated simultaneously in all the combinations of currency type
and valuation that are described below, planning data is always updated in one
currency only – the currency specified for that particular plan version.
If you deactivate the company code currency, you can no longer use plan versions
and reports that use the company code currency.
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New Asset Accounting Currency
For each currency defined in General Ledger Accounting, you have to create parallel
depreciation areas in new Asset Accounting.
Fixed Asset Accounting currently only supports the FI relevant (BSEG-) Currencies.
For additional currency types, which are not BSEG relevant, you do not need
to create dep area; these currencies are converted during posting. This means, the
sum of all depreciations does not balance with the activation value for the additional
currencies.
Introduction of new currencies with S/4HAN 1809
With release S/4HANA OP 1809 it is possible to introduce additional currency, tool
allows you to introduce new, flexible currencies for company codes and ledgers that
are already used in your production system. Afterward, the newly introduced
currencies are available in the Universal Journal (table ACDOCA) and can be used in
both accounting specific processes and reporting. The new currency and its
calculated value is added to all journal entries that are available in the system.
Limitation
– It is not possible to introduce a BSEG-relevant currency (“2nd or 3rd FI Currency”)
– It doesn’t include reconciliation for entities in asset accounting, controlling, and
inventory accounting.
– Archived data can’t be enriched with the new currency.
For detail refer :- SAP Help- Manage Currencies
For detail understanding on how to configure new asset accounting by aligning the
depreciation area /accounting principal with currencies defined in Finance , please
refer this blog on S/4 HANA- New Asset Accounting – Considering Key Aspects:https://blogs.sap.com/2017/03/25/s4-hana-new-asset-accounting-consideringkey-aspects/
Amount Field Length Extension with S/4HANA 1809 release
In SAP S/4HANA, currency amount fields with a field length between 9-22 including
2 decimals have been extended to 23 digits including 2 decimals and how this can be
used and what is recommendation for using 23 digit currency please refer detailed
SAP note 2628654
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This blog is written based on my own experience and have referred various OSS
notes, Your feedback is welcome.
Thanks
Alert Moderator
Brought to you by the S/4HANA RIG
Assigned Tags
Ajeet Agarwal
Product Expert (SAP S/4HANA Regional Implementation Group- APJ)
SAP S/4HANA
FIN General Ledger
FIN Material Ledger
SAP S/4HANA Finance
1809 Currencies
23 digit currency field
additional currency fields
View more...
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38 Comments
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Tkachenko Oleksey
January 3, 2018 at 3:04 pm
Hi Ajeet, this is Aleksey (worked together in RIG), I pleased to read your blog,
and it's great to see that you consolidated all info about currencies in one place!
It might be useful to add note 2344012 as it contains a lot of helpful info...
And looks like you made a typo:
'31- Group Currency Group Valuation (used in Transfer Pricing)'
Like 1 | Share
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Ajeet Kumar Agarwal | Blog Post Author
January 3, 2018 at 3:45 pm
Hi Aleksey
Thanks a lot for your feedback , I have included suggested note 2344012.
I could not make out the typo which you are referring as currency type 31 is for Group currency Group
valuation and CT 32 is for Group currency PC valuation in TP (might be i am missing something)
Like 1 | Share
Tkachenko Oleksey
January 3, 2018 at 4:19 pm
The typo that you that you wrote 31- Group Currency Group Valuation (used in Transfer Pricing) , means 31 is
not for Transfer pricing
Like 0 | Share
Ajeet Kumar Agarwal | Blog Post Author
January 4, 2018 at 2:12 am
Following CT are used w.r.t transfer pricing i.e
11- Co Code Currency Group Valuation
12- Co Code Currency PC Valuation
31- Group Currency Group Valuation
32- Group Currency PC Valuation
When you define C+V profile you can pick either company code currency or Group Currency and
combination of currency type and valuation view determines above mentioned 4 CT those are
specifically meant for transfer pricing.
So in this following example combination of CT 30 and valuation view 1 (Group Val) means CT 31
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Like 0 | Share
Kishore Marodia
January 4, 2018 at 12:00 pm
Ajeet - if you define a new currency type X1, then in which all modules(AA,ML,etc) does it need to be extended
by mandatory?
Like 0 | Share
Ajeet Kumar Agarwal | Blog Post Author
January 4, 2018 at 2:15 pm
Hi Kishore
Fixed Asset Accounting currently only supports the FI relevant (BSEG) Currencies.
For additional currency types, which are not BSEG relevant, you do not need to create dep area; these
currencies are converted during posting.
It is on roadmap for later releases, that Fixed Asset Accounting calculates the depreciation with the
historic (activation) values in all currencies, but currently Fixed Asset Accounting does this only in the
BSEG Currencies, However when this will be available can not be confirmed at this stage.
CO, ML and TP also does not support custom currencies.
Like 1 | Share
Ajeet Kumar Agarwal | Blog Post Author
January 4, 2018 at 2:48 pm
Hi Michael Conrad/ Christian Rainer
Thanks for providing additional information and feedback , I have included the same in this blog.
Like 0 | Share
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Madhusekhar Gupta Gadamsetty
January 4, 2018 at 3:47 pm
Hi Ajeet,
Nice blog on complex & sensitive area of currencies.
One thing I would like to mention that in S/4HANA, we can also select 20 as the controlling area currency. I see
in the above blog it is mentioned as 10, 30, 40, 50 and 60 (20 is missed).
Madhu
Like 0 | Share
Ajeet Kumar Agarwal | Blog Post Author
January 5, 2018 at 10:20 am
Hi Madhu,
Currency Type 20 is not supported as a “2nd or 3rd FI Currency”, which means, it cannot be used as a
BSEG relevant currency. But it can be used in the universal journal with same functionality, like any
other “non BSEG” currency, e.g. a currency type in customer namespace like Z1. Some processes, e.g.
Fixed Asset Accounting depreciations, currently not fully support the non BSEG currency, this means
the amounts are converted with the current exchange rate and not with the historic exchange rate of
the asset acquisition.
We recommend to use in OKKP a currency type, which can be used as BSEG relevant currency (2nd
or 3rd FI currency), because then you have 2 parallel currencies 10 and e.g. 30, which is precisely
calculated by all Accounting processes.
If there are reasons you can still use currency type 20 however this is not recommended due to the
limitations as mentioned above.
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Like 1 | Share
Djuro Jovic
July 21, 2019 at 10:39 pm
Hi, mister Ajeet.
I need an advice. I'm a consultant for finance and I'm working on the implementation of the S4
HANA system. CO consultant has defined the type of currency in the CO area 30. Do I have to
define that currency as parallel to GL in finance? System give me message that I have to. Could I
avoid it?
Thanks in advance.
Djuro
Like 0 | Share
KUMAR KANDREGULA
March 6, 2018 at 10:22 am
Thank you very much - Ajeet
Like 0 | Share
Monika Patel
March 23, 2018 at 4:00 pm
Thanks Ajeet for a great blog. Made it simpler to understand the concept and connections between various
components.
Well, We are in process of setting up this in system. completed config and checked the required settings via
CKM9 (Plant/Valuation) & 8KEP (Controlling), 8KEQ. Also activated ML thru OMX2, OMX3, OMX1 & then
CKMSTART.
The validations worked correctly and we activated Curr profile and Valuation profile at Controlling Area level.
First objective was to see - multiple currencies in Material Master. So far successful. We are able to view the
price in Material master in MM in Legal Valuation, CoCd currency & Group Currency, Group-Valuation.
2nd objective was to run a simple transaction and check ACDOCA, ML tables and various currency and parallel
valuation reports. However when we try to do MIGO initial Inv.upload system is throwing DUMP error. On quick
search it show that it is well known error https://blogs.sap.com/2018/01/02/sap-s4hana-currency-setup/
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2510625 - Check consistency: Ledger check FMLT_CURTP_ML vs. FINSC_LEDGER
2403356 - Check for Material Ledger Actual Costing Startup (after activation)
2395913 - ML Actual Costing Live (ACT_LIVE) in table CKMLV
While we are looking into it, wanted to check with you if , while your initial set-up did you face such errors ?
Our understanding is that - it is due to mismatch between application maintained data. Realignment is
required wrt Data-loads. Wanted to quickly check if you have a Check-list on the MUST-HAVE Config for the
set-up described in the blog?
Do we need to fully configure PCA before able to make any entry ? From Currency-matching perspective, In
PCA we have set-up profit-center valuation in Group-currency
As per your blog :
FI: 10, 31 (where do I CHECK this ?)
CO: 30 (Yes OK )
Currency and valuation profile: 10, 31 (Yes OK)
Material ledger: 10, 31 (Yes OK)
Profit Center Accounting: 30 and profit center valuation (= 31) - OK
PCA 31 (KSL), 11 (HSL)
Currency type 12 is translated from 31 with Exchange rate type M at current rate
This means that in Profit Center Accounting, only Group valuation is available. The legal valuation (10, 30) is
no longer available in PCA.
Further we would want to use TP in future, so we have done required activation, without actually configuring
the TP pricing- Is it mandatory to complete the configuration before we can see the results , since we are
trying simple Initial-upload (and TP scenario is not triggered right now)
Many thanks for wonderful blog. In anticipation that solution to the doubts asked ( errors) will be answered
too.
Best Regards,
Monika
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Like 0 | Share
Ajeet Kumar Agarwal | Blog Post Author
April 2, 2018 at 7:01 am
Hi Monika
Below is my answer to your query
FI: 10, 31 (where do I CHECK this ?)
Ans- You may check this in ledger specific currency settings
Further we would want to use TP in future, so we have done required activation, without actually
configuring the TP pricing- Is it mandatory to complete the configuration before we can see the
results , since we are trying simple Initial-upload (and TP scenario is not triggered right now)
Ans- I don't think there should be any problem if you have setup C+V profile and activated this with
required currencies and then in future you may use this process, however I did not tried this so I
would suggest to test the behavior.
Thanks
I II donr
Like 1 | Share
Monika Patel
April 10, 2018 at 8:29 pm
Thanks Ajeet. We have been able to complete the currency settings. also ML set-up works
good.
Now configuring TP.
Regards, MP
Like 1 | Share
vikram kambham
April 3, 2018 at 3:53 pm
Thank you Ajeet for sharing your Knowledge.
One question that I have is under section: Typical currency settings with Group valuation:https://blogs.sap.com/2018/01/02/sap-s4hana-currency-setup/
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Your outline:
Profit Center Accounting: 30 and profit center valuation (= 31)
PCA 32 (KSL), 11 (HSL)
Currency type 12 is translated from 32 with Exchange rate type M at current rate
Is this not how it should look like:
Profit Center Accounting: 30 and Group valuation (= 31)
PCA 31 (KSL), 11 (HSL)
Currency type 11 is translated from 31 with Exchange rate type M at current rate
Like 0 | Share
Bhargav Jani
April 20, 2018 at 5:04 pm
Thank you Ajeet for such a nice explanation around currency settings. I have couple of questions and
appreciate if you can help answering them.
1. You mentioned settings in 0KE5. Isn't this related to EC-PCA? If you're in S/4HANA then you would be
using New G/L and PCA can be activated by assigning a scenario to the ledger. Do we still need to
perform 0KE5 settings and ticking Profit Center Acc. active in the controlling area? wouldn't this use
ledger 8A then with separate PCA document? I may be little confused as I have read contradicting things
in books and blogs.
2. Second question is related to C+V profile. So in case you have EA-FIN extension turned on and you're
using ML with Parallel COGM. You would then add 2 more line in the C+V profile you showed in the blog? 1
line with Currency type 30 for Parallel COGM 1 (valuation 5) and another line with Currency type 30 for
Parallel COGM 2 (valuation 6)
Appreciate your feedback.
Br,
Ram
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Ajeet Kumar Agarwal | Blog Post Author
July 4, 2018 at 4:56 pm
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Hi Ram
The obsolete table FAGL_LEDGER_SCEN contains entries for scenario FIN_PCA or FIN_SEGM. In
S/4HANA there is no IMG acitivity available for maintaining the content of this table. The table is
regarded as obsolete but it is still evaluated by the system. A consequence of these table entries is
that the system regards Profit Center Accounting as active and therefore you need to activate PCA in
transaction 0KE5. However this does not mean that classic PCA would be active unless you specificall
maintain setting to update in classic PCA table using transaction 1KEF
Also you may refer OSS note 2420147 for more detail on this.
For your second question I would advise to have a detailed understanding on transfer pricing and
parallel COGM and then activate C+V profile as per business needs.
Thanks
Ajeet
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vikram kambham
April 7, 2019 at 3:31 pm
Thanks Ajeet for the detailed article on currencies. One question I have w.r.t Profit Center Accounting.
In case if a company is legally reporting at a PCA level and my PCA settings are: Group currency: 30 and
Valuation view: 0 (Legal valuation). What will be my PCA currency & PCA Legal currency?
As 10,30 are no longer allowed.
Like 0 | Share
Michael YERNAUX
June 18, 2019 at 9:49 am
Hi Ajeet,
https://blogs.sap.com/2018/01/02/sap-s4hana-currency-setup/
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Any news re the current limitations on parallel currencies (ACDOCA) for Fixed assets depreciations ?
Tx & Regards,
Michael
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Ajeet Kumar Agarwal | Blog Post Author
June 26, 2019 at 3:25 pm
Hi Michael
There is no change w.r.t. Currencies for fixed asset accounting as of 1809 release.
Thanks
Ajeet
Like 0 | Share
Toni Kathrina Yap
September 11, 2019 at 1:58 pm
This is very helpful, thank you Ajeet!
just wanted to ask how does the company code -ledger settings relate to how you should maintain the TCUR*
tables.
Like 0 | Share
dhaval GALA
October 1, 2019 at 3:03 pm
Thankyou so much sir, really very helpful. Especially examples
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Richard Brown
October 11, 2019 at 9:23 am
Thanks for sharing valuable information, it’s really very helpful.
Like 0 | Share
Senthamarai Kannan Thamarai Selvam
October 15, 2019 at 1:18 pm
Ajeet, Its an amazing article. An articulation of rich experience and quality documentation of the knowledge.
Thank you and like others appreciate you for the same.
Kindly find time to respond to below questions, if you come across these ones before
1. Do the PC valuation specific currency(32/12) should necessarily be created as BSEG fields or just
ACDOCA currency would suffice ? Accordingly we don't have to create BSEG specific depreciation areas
right?
2. What would be a recommended solution for the PC valuation for Transfer Pricing? Will it by separate
ledger approach or the currency fields within a ledger?
(Transfer Pricing Currency
setup in Account V/s Ledger approach)
Like 0 | Share
Maggie Liu
December 7, 2019 at 10:37 am
Dear Ajeet,
I am getting in trouble of currency setting now.Our system is Ecc6 EHP4 version.we have a lot of companies
has been using sap system for years within in country.Now we have a new company aboroad.
we have CVC profile setting as below,it already been used for years.
https://blogs.sap.com/2018/01/02/sap-s4hana-currency-setup/
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now my new company currency setting as below:currency 10,31,12
I still set ML currency type with z100(10,31,12),tick Manual and assign it to plant of new company code.cause I
cannot use the first one 0000,if I choose it which lead inconsistance of currency issue and cannot active ML.
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When I do cost estimate ,it is ok，but when I mark the price with CK24 for profit center view,it gives me the
below error message ,currency type 32 not assign to ML ,CK495
We are already go on live ,I think it should be a disater .we don't have any material movement till now.Could you
please help me with this? How can I fix this issue?
André Pinto
Maggie April 14, 2020 at 10:52 pm
HI Ajeet
Like
0 | Kumar
Share Agarwal,
Thank you for you blog, it’s really really good. Congratulations!
I’ve just two questions:
If we adopt a Multi Valuation Ledger, it’s sufficient just have the 31 and 32 assign to the ledger in
FINSC_LEDGER (for example in OSL and VSL) or no? I’m asking this, because I saw that in your example to
show the difference between the multi valuation and the single ledger approach, you use also the 11 and 12.
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If the answer is that we need also the 11 and 12, cloud you please give a little more detail regarding this?
The second one, is related with the source currency for currencies 11, 12, 31 and 32. Should we choose always
the source equal to the parent currency?
Like: 11/12 - Source currency 00. And 31/32 - Source currency 10.
Cloud you please share more details regarding the influence of choosing for instance Source "00" or "10" for
currencies 11,12,31 and 32?
Thank you, and I hope to see more blogs from you.
Regards,
André
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Jaswinder Kaur
September 10, 2020 at 12:14 am
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Am a bit confused on Currency Type 20. What if Currency Type 20 is mapped to Currency Key INR & also
Currency Type 30 is mapped to Currency Key INR. Will it be the same case or SAP will simply go by the
Currency Type & present a problem during migration to S4 Hana?
Like 0 | Share
Jaswinder Kaur
September 10, 2020 at 3:27 pm
If in ECC, CO currency is currency type 20 then what is the migrated configuration in FINSC_LEDGER, is KSL
field in ACDOCA defaulted to currency type 20 & only used for CO postings, if yes then how is this possible as
FI & CO are integrated in Universal Journal?
Does this also mean that if 1st Parallel Currency (second in sequence in OB22) in Co Cd was Group Currency
Type 30 then it gets overridden during migration? As KSL will take Currency Type 20 from CO (in my
example)?
Like 1 | Share
Ajeet Kumar Agarwal | Blog Post Author
February 19, 2021 at 12:43 pm
Hi Jaswinder
Currency type 20 is only known in CO, whereas currency type 30 is known in financial accounting and
CO both.
If currency type 20 was already used in CO in SAP ECC, then after migration to SAP S/4HANA the
currency configuration, “KSL” field of ACDOCA will be updated with currency type 20 only and with
standard its not possible to switch currency type 20 to 30 during system conversion from ECC to
S/4HANA.
Currency Type 20 is not supported as a “2nd or 3rd FI Currency”, which means, it cannot be used as a
BSEG relevant currency. But it can be used in the universal journal with same functionality, like any
other “non BSEG” currency.
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Dan Goodhart
February 26, 2021 at 10:03 pm
This was an excellent blog post thanks for sharing. Here's some details about changing Group
in FINSC_LEDGER from 20 to 30 if there has already been postings to the Controlling Area. If
20 and 30 are the same currency it's only a matter of running a program. If 20 and 30 are
different currencies then it requires SAP support.
This is from OSS Note 119428:
Question: Can the currency type be changed from 20 to 30 if the currency key remains the
same?
Answer: Customizing for the controlling area never allows a change of the currency settings
(including the currency type) if transaction data already exists
in the controlling area.
You can use the attached program ZCHGCTYP to change the currency type from 20 to 30.
The program is allowed to be executed only if the currency key does not change, meaning the
group currency is the same as the currency entered in the basic data of the controlling area
up to now. This applies only for this special case if the available transaction data
does not change.
As of 4.6A, this program is no longer required. The currency type can also be changed for
dependent data in the controlling area if the currency key is not changed and fits the new
currency type.
Caution: If you want to change the currency type to be able to assign new company codes
with another currency, the prerequisites from SAP Note 120826 must be met. In particular,
note the explanations there regarding the "All currencies" indicator.
Question: Can the currency type be changed from 20 to 30 if the currency key changes and
transaction data exists in the controlling area?
Answer: This change is not possible in the standard system. For a conversion on a project
basis, please send an e-mail to sap_dmlt_gce@sap.com.
Like 1 | Share
Ajeet Kumar Agarwal | Blog Post Author
March 23, 2021 at 6:00 am
Hi Dan
Thanks for your comments , I would like to bring this piece of information from SAP
note 2017890 valid for S/4HANA as well and which must be evaluated as with
S/4HANA ML is always active (SAP note 119428 is not valid for S/4HANA releases)
Once the Material Ledger is active for a plant, it is not possible to change the
currency types. The currency in T000-MWAER must remain the same after the
Material Ledger startup program, otherwise you get inconsistent data.
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Therefor I would recommend to perform a test in any of the sandbox system & see
the impact in case you want to try classic option.
Like 0 | Share
Hitesh Kapadia
April 7, 2021 at 10:16 pm
Hi Ajeet,
Thanks for the detailed blog. Quite helpful!
Following text has been updated in the Version 16 of Note no. 2344012 (Dt. 02.03.2021)
"Some processes require more than a mere document wise currency conversion with the current rate.
These processes require that the amounts are converted with rates of the historical data being processed.
This is not yet supported for all processes. We achieved this for open item management in FI-AP, FI-AR, and
FI-GL or for CO and GL allocations (marked with X in the above table), but not yet for Fixed Asset
depreciations or CO settlements."
By the text I understand that ...
now we can use exchange rate type other than M for conversion leveraging Exchange Rate Type in
"Currency Conversion Setting for Company Codes" in Transaction: FINSC_LEDGER
For example: For Currency Type 31, we can convert document currency values (other than material related)
into Group Currency using exchange rate type, which converts at plan rate or beginning of a month rate.
It will be helpful if you can confirm the understanding or correct it.
Thanks
Like 0 | Share
Hitesh Kapadia
April 7, 2021 at 10:22 pm
Hi Ajeet,
Thanks for the detailed blog. Quite useful.
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Version 16 of the Note: 2344012 has the following text
"Some processes require more that a mere document wise currency conversion with the current rate. These
processes require that the amounts are converted with rates of the historical data being processed. This is not
yet supported for all processes. We achieved this for open item management in FI-AP, FI-AR, and FI-GL or for
CO and GL allocations (marked with X in the above table), but not yet for Fixed Asset depreciations or CO
settlements"
By the text we understand that, now we can convert values for the additional currency type with exchange rate
type other than M
For example: Values in Currency Type 31 can be converted at plan rate or average rate (except for Material
valuation).
It will be helpful if you can confirm the understanding or correct it.
Thanks
Like 0 | Share
Ajeet Kumar Agarwal | Blog Post Author
May 25, 2021 at 8:24 am
Hi Hitesh
I can give one example where you may observe that there is some leftover amount in additional
currencies even after settlement.
Lets say you have ACDOCA additional currency which is not an FI (BSEG) or CO currency and you
keep on posting on internal order during the month and at the time of posting to IO system considers
the exchange rates for all the currencies defined in TCURR and updates in ACDOCA accordingly ,
when you do the settlement then the overall settlement amount is considered for additional currency
and the exchange rate as on settlement date is applied and if there is difference in original posted
exchange rate v/s settlement date exchange rate then you may observe some left over only in
additional currency. However SAP is already fixed this issue with latest release i.e SAP S/4HANA 2020
wherein if you setup the config within settlement profile then there would not be any imbalance in
additional ACDOCA currency for settlement process.
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Thanks
Like 0 | Share
Nicky Jindal
May 25, 2021 at 6:25 am
Hi Ajeet,
The article is really very nicely put together. Its very helpful.
I have a question
How can we assign a new freely defined currency to an existing ledger which has postings?
I tried doing it, it shows that it may cause inconsistencies in the system.
Can you help in this regard.
Thanks in advance.
Nicky
Like 0 | Share
Ajeet Kumar Agarwal | Blog Post Author
May 25, 2021 at 6:45 am
Hi Nicky
With release S/4HANA OP 1809 it is possible to introduce additional currency types to a ledger in the
universal journal.
Limitations:
It is not possible to introduce a BSEG-relevant currency ("2nd or 3rd FI Currency") and it doesn’t
include reconciliation for entities in asset accounting, controlling, and inventory accounting.
Only currency types of legal valuation type can be introduced (no group or profit center valuation
type currency types such as 11, 12, 31, 32). For the handling of such currency types please see
note 2882025
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For details on the introduction of additional currency types, please see SPRO -> Financial Accounting
(New) -> Financial Accounting Global Settings (New) -> Tools -> Manage Currencies -> Information:
Manage Currencies.
The Manage Currencies tool consists of several activities. These activities include the necessary
configuration steps in the Preparatory Phase as well as necessary conversion steps in the Execution
Phase. These steps must be completed to ensure that new currencies are consistently introduced.
This tool reconciles general ledger accounting data as well as the journal entries that were posted in
the current fiscal year. This means that journal entries and entities that are used for reporting in
external accounting, are completely reconciled and rounding differences are posted.
This tool doesn’t include reconciliation for entities in asset accounting, controlling, and inventory
accounting.
For further detail you may also refer SAP Note 2334583
Thanks
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Alessandro Varotto
July 21, 2021 at 10:46 am
Hi, I have the following problem: when balancing an invoice in foreign currency with rel
Best regards
Leo
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Chetan Bhatt
April 5, 2022 at 5:41 pm
Hello Sir,
My client is doing business in Company Code Currency (currency type - 10) in USD and we have ONLY USD
currency define as local, global and CO object currency in our ledger. My client don't want to post any
transaction (any transaction code through all module) other that USD currency, I mean no any foreign
currency. Could you please let me know how can I make necessary change in current system. I know there is
do through substitution rule but I am not technical knowledge, I am in functional area.
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Thank you and appreciate for your time,
Chetan Bhatt
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