term local currency help what is
Meaning of local currency (FI-LC). What is it: If the local currency is not the same as the group.

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Definition local currency (FI-LC)

LOCAL CURRENCY (FI-LC) title: local currency (FI-LC) (SAP Library - Glossary)
LOCAL CURRENCY (FI-LC) category: Consolidation (FI-LC)
LOCAL CURRENCY (FI-LC) explained:

The currency of a company that belongs to a corporate group.

If the local currency is not the same as the group currency, the local currency must be translated into the group currency.

More terms such as local currency (FI-LC) in Dictionary L.

Manual Local Assortment Module:
Help A special type of standard module valid for just one store or distribution center and which cannot be assigned to any other store or distribution center local currency (fi-lc) definition.
Manual Layout (BC-SRV-ALV):
Help Control element for displaying lists. Layouts can be used to save column formats, sort criteria, and filter conditions local currency (fi-lc) explain.
Manual Long Service Payment:
Help employee who has worked for the company for 5 or more years is legally entitled to if his or her employment is terminated (other than summary dismissal or redundancy), he or she dies or retires (age local currency (fi-lc) what is.
Manual Local Sales Tax:
Help A tax on sales transactions made within a state local currency (fi-lc) meaning.
Manual Line-Of-Business Entity:
Help A data structure exposed by the line-of-business system that consists of a set of related fields grouped together under a unique ID local currency (fi-lc) abbreviation.
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