Multicurrency: Currency Types

To explain the ways your organization interacts with currencies, we refer to three different currency types There are three currency types: transaction, base, and organization. These types explain the difference between the transaction currency of revenue you receive, the currency the revenue is entered in the general ledger, and the currency used by your organization to create a consistent view of revenue in reports and analysis across all subsidiaries. These types explain the difference between the transaction currency of revenue you receive, the currency the revenue is entered in the general ledger, and the currency used by your organization to create a consistent view of revenue in reports and analysis across all subsidiaries.