Foreign Currency Risk Management - Group Ledger IFRS (1X9)

By activating parallel valuation for Foreign Currency Risk Management, you can use an additional valuation area besides your operational valuation area according to International Financial Reporting Standards (IFRS 9) phase I (Classification and Measurement).

Key Process Steps Covered

Generate and post accounting postings

Perform valuation of financial Instruments
Post realized profit and loss

Benefits

Generate all postings for the general ledger
Update the general ledger according to IFRS 9 phase I (Classification and Measurement)
Process the valuation of transactions and position
Automate the month-end accounting processing

Additional Information

This scope item requires an additional SAP S/4HANA Cloud license

Where is Foreign Currency Risk Management - Group Ledger IFRS(1X9) being used?

This Scope item is used in the following way:

As a support function of Treasury Management within Finance Scope Item Group

Process flow of Foreign Currency Risk Management - Group Ledger IFRS (1X9)

Find below the process flow of the scope item Foreign Currency Risk Management - Group Ledger IFRS as it is defined for release s4hc-2111.

Download Process Flow of Best Practice scenario Foreign Currency Risk Management - Group Ledger IFRS (1X9) - S/4HANA Cloud

Ref: Finance of SAP S4HC-2111

Best Practices related to S/4HANA

Best Practices of SAP S/4HANA On Premise *1
Best Practices of SAP S/4HANA Cloud *2
Best Practices of SAP Analytics Cloud *2
Best Practices of Robotics Process Automation(RPA) with SAP Leonardo *2

*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
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Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:

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