3521168 - Group currency is not directly converted from transaction currency in Manage Journal Entries app - SAP S/4HANA Cloud Public Edition

Group currency is not directly converted from transaction currency. Instead, transaction currency is converted to local currency, and local currency is converted to group currency.

Below is an example in app Manage Journal Entries. 1000EUR is not converted to 2500USD using exchange rate (EUR to USD) 2.5. Instead, 1000EUR is converted to 4000HKD using exchange rate (EUR to HKD) 4, and 4000HKD is converted to 3000USD using exchange rate (HKD to USD) 0.75.

"Image/data in this KBA is from SAP internal systems, sample data, or demo systems. Any resemblance to real data is purely coincidental."

SAP S/4HANA Cloud Public Edition

This is the standard behavior as “source currency type” for the specific company code is set to “company code currency” in SSCUI 103379 - Define Currency Settings for Ledgers and Company Codes.

Define Currency Settings for Ledgers and Company Codes, Manage Journal Entries, Currency, amount, source currency. , KBA , FI-GL-2CL , General Ledger Accounting (Public Cloud) , FI-GL , General Ledger Accounting , Problem