Currency conversion in SAP HANA

A global company, with sales in different currencies, might like to have consistency in the display data and would prefer a single currency for aggregation purposes. Say, for example, a hotel booking site would show the price and allow the customer to book the rooms in the customer's local currency (whichever part of the world he is in). But internally, the system has to take care of the conversion of all the prices as per local currency of the hotel.

So taking care of currency conversion becomes an important aspect of data modelling and reporting in SAP HANA. Other SAP products, such as SAP BW, also provide currency conversion functionality at a transformation and reporting level. SAP BPC too provides the currency conversion functionality using the RATE application. SAP Integrated Planning (IP) provides the standard function for currency conversion. So a user from any of the mentioned SAP backgrounds will easily co-relate to the concept.

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