Which currency types are defaulted in SAP S/4HANA?

In SAP S/4HANA, currency types are critical as they define the currencies in which transactions and reports are recorded. The default currency types in SAP S/4HANA include:

00 = Document currency: This is the currency in which the original transaction is recorded. It is essential for maintaining the accuracy and consistency of transactional data.

10 = Company code currency: Also known as the local currency, this is the currency used for the company's internal accounting and financial reporting. Each company code is assigned a specific local currency, ensuring that financial statements are prepared in a standardized manner.

These currency types are foundational in SAP S/4HANA and are automatically included in the system configuration to support various financial operations and reporting needs.

References

[25:26†SAP 4_HANA FICO.pdf]

[28:1†1709119988077.pdf]

Organizational Assignments and Process Integration