Impact of SAP cloud not using legal tender on the system

[AlbertFeng]

Dear,

The national legal currency of Zimbabwe is the Zimbabwean dollar, but the company we created in this region only uses US dollars for accounting. Can I directly set the company's base currency to US dollars? What impact will it have on the system?

Thanks.

[Jeremy_Deo]

Hello again dear user,

And thank you for asking your question in the SAP Community blog.

In SAP S/4HANA Cloud Public Edition, the "base currency" of a company is a key setting that you choose when creating the company, and you can’t change it later. So if you're setting up a company in Zimbabwe, where the legal currency is the Zimbabwean dollar (ZWL) but your operations are done entirely in US dollars (USD).

Can you set USD as the base currency?

Technically, no at least not if you’ve already created the company with ZWL as the base currency. In the public cloud version of SAP, you don’t have the same flexibility as in the on-premise version. The base currency is meant to reflect the legal reporting requirements of the country where the company operates, and for Zimbabwe, that’s ZWL.

I hope this will help you answer your question.

Best regards,

Jeremy