Currency Translation is Wrong for Allocation Rule (Doc ID 2182368.1)

Last updated on SEPTEMBER 15, 2016

Applies to:

Oracle Financial Services Profitability Management - Version 8.0.0 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)

Symptoms

In Oracle Financial Services Profitability Management (PFT) 8.0, you get an incorrect Currency Conversion when running a Static Driver Allocation.  Source records in "USD" are converted to "CAD" in the output.  But the Allocation is using the wrong exchange rate to convert the balances.

For example, you expect the Allocation to multiple the USD balances by a rate 1.243999259 to convert them to CAD.  However, it is using a rate of 0.803859 instead.

If you check the "MERGE INTO FSI_D_MANAGEMENT_LEDGER" statement in the ofspa.xxxxxxx.log in $FIC_DB_HOME/log/FusionApps, you can see the wrong exchange rate is used for the USD source amount:

Module Logging OFS Access module data: MERGE INTO FSI_D_MANAGEMENT_LEDGER TARGET USING (
SELECT *
FROM (
SELECT (SOURCE_AMOUNT * 1)ENTERED_BALANCE, (FUN_AMT_V *
1)FUNCTIONAL_BALANCE, SRC_IOVW.*
FROM (
SELECT SUM(IVWSRC_AMOUNT * 0.8038590000) SOURCE_AMOUNT,

You do not understand why it is not use the inverse rate.

Cause

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