Compensation History Does Not Take Into Account of Currency Daily Rates
Last updated on JUNE 22, 2017
Applies to:Oracle Fusion Workforce Compensation Cloud Service - Version 220.127.116.11.0 and later
Oracle Fusion Compensation - Version 18.104.22.168.0 and later
Information in this document applies to any platform.
Compensation History does not take into account Currency Daily Rates
User facing issues in the Compensation History button option, under the Compensation Plan.
Actually, when they open the Compensation History button option, and the Currency filter is set to ‘Worker local currency’, all information is shown in the local currency (which is totally correct). For instance, if they open the compensation history for someone working in Japan all the information in 2014, 2013, 2012, 2011, and 2010 are displayed in Yen.
However, if they change the Currency filter to ‘EUR-Euro’, and afterwards we click the Compensation History button, all information is displayed in Euro (€), taking into account the currency rates defined in “Currency Daily Rates” functionality. The problem is that all the currency rates are defined at 2014-MARCH-01 and they don’t have currency rates defined for the years 2013, 2012, 2011, and 2010.
Therefore, they are assuming that the information displayed in the years when no currency rates exist is wrong.
Moreover, there is an information message in Compensation History’s screen: “Rates are as of December 31 of the noted year except current year”.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
Million Knowledge Articles and hundreds of Community platforms