this is a variable for your folder where the current job is located. if you are not using a repository, then you need to specify where the transforms are.
to make it more flexible, you can put jobs and conversions in the same folder and then you can use the Internal.Job.Filename.Directory file.
therefore, if your conversion is called: my.ktr then, to call it in the job, you can point to it {Internal.Job.Filename.Directory} /my.ktr
You can learn more about this in my course: pentaho tutorial
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