Home >  Term: system currency
system currency

Currency in which the system manages all transactions parallel to the national currency. If the system currency is not identical to the national currency, an exchange rate has to be defined. In Accounting, every document is posted in both the system and the national currency.

0 0
  • Part of Speech: noun
  • Industry/Domain: Software
  • Category: ERP
  • Company: SAP

Creator

  • Kristen
  •  (Silver) 643 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.