SAP Training: Overview of SAP Parallel Currencies

Overview of SAP Parallel Currencies

Examine the Parallel currencies required in SAP Financial processes. Learn how to distinguish differences between SAP Currency Types and Currency Codes in preparation for their set up in S/4 HANA. We will drill down on different currency types in SAP ECC 6.0 and determine multiple options that are possible for flexibility.

In this course you will learn:

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Course Goal

  • Understand Parallel currencies used in SAP ECC 6.0 and S/4 HANA
  • Understand the use of Currency Types
  • Understand the purpose of Valuation Types


  • Consultants
  • End users
  • Executives and Managers
  • IT/Business analysts
  • Project Managers
  • Project team members

Lesson Plan

Lesson Description Preview
1 Introduction Preview
2 Course Overview
3 Agenda
Types of Currencies
4 Types of Currencies
5 Transaction Currency (TC)
6 Local Currency (LC1)
7 Group Currency
8 Hard & Index Currency
9 Functional Currency
What is Parallel Currency
10 What is Parallel Currency
Currency Types in SAP
11 Currency Types in SAP
12 Valuation Types in SAP
Other Impacts
13 Impact on Fixed Asset
14 Things to keep in mind
15 Flexibility Options and Challenges
16 Summary
17 Next Steps in Learning
18 Course PDF Handout


Yashwant Soni

4.7 Average Rating

11 Reviews

63 Students

6 Courses

SAP Corporate Strategy and Architecture Lead

Redmond, Washington, US

Yashwant Kumar Soni is SAP Corporate Strategy & Architecture Lead at Microsoft. Certified SAP FICO and BPC professional with overall 23+ years of experience and 18+ years of SAP experience. Served in High-tech, pharma, manufacturing and marketing industries, specialized in venture integrations, divestures and SAP global implementations. Deep expertise in functional areas of Finance, Controlling, Logistics, Supply Chain and SAP or non-SAP integrations.

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Functional Overview of New Asset Accounting in S/4HANA


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Language: English
Level: Intermediate
Duration: 1.5 hours
Type:  Instructor-led
Delivery: Online, instructor-led
Release: ECC 6.0
Category: SAP Financials

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