Intercompany Foreign Exchange - Group Ledger US GAAP (34M)

This scope item allows the company to exchange the foreign currency with the affiliate companies and post the transactions with Group Ledger US GAAP. 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

All starter, demo, and trial systems are by default setup with group ledger IFRS. This scope item is therefore excluded.

Customers can decide to use this scope item in the Q- and P-system based on the selected scope bundle.

Additionally, this is an intercompany-relevant scope item and requires additional manual setup steps. If you requested this scope item, check the set-up instructions for the relevant Intercompany Foreign Exchange Management (2F2) scope item in the SAP Best Practices Explorer.

Where is Intercompany Foreign Exchange - Group Ledger US GAAP(34M) 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 US GAAP (34M)

Find below the process flow of the scope item Intercompany Foreign Exchange - Group Ledger US GAAP as it is defined for release s4hc-2111.

Download Process Flow of Best Practice scenario Intercompany Foreign Exchange - Group Ledger US GAAP (34M) - 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
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.

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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