C_TS4FI_2023 Exam Dumps | Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.

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Question 8/36

Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.

A. 30 = Group currency

B. 20 = Controlling area currency

C. 00 = Document currency

D. 10 = Company code currency

Correct Answer: C,D

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

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