Intercompany Foreign Exchange - Group Ledger IFRS (2HU)

This scope item allows the company to exchange the foreign currency with the affiliate companies and post the transactions with Group Ledger IFRS. It helps the customer to execute the posting for the parallel valuation area separately from the operative valuation area. In practice, the customer can also do postings for all valuation areas at the same time.

Key Process Steps Covered

• Post flows to general ledger (Parallel valuation)
• Perform key date valuation (Parallel valuation)
• Post realized profit and loss (Parallel valuation)

Benefits

• Evaluate the intercompany foreign exchange transactions with a different accounting principle

Additional Information

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

• This scope item is excluded from the default activation

This is an intercompany relevant scope item and requires additional manual setup steps. If you requested this scope item, check the set-up instructions refer to the relevant Local GAAP scope item 2F2 in the SAP Best Practices Explorer.

Where is Intercompany Foreign Exchange - Group Ledger IFRS(2HU) 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 Intercompany Foreign Exchange - Group Ledger IFRS (2HU)

• 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

• RISE with SAP
• SAP S/4HANA Cloud
• SAP on Azure
• Business Process Management