My Oracle Support Banner

In Financial Consolidation & Close Cloud Service (FCCS), Translation Is Using Previous Month's Rate Instead Of Current Month's Rate (Doc ID 2483354.1)

Last updated on MARCH 28, 2019

Applies to:

Oracle Financial Consolidation and Close Cloud Service - Version 18.10.59 and later
Information in this document applies to any platform.

Symptoms

In your FCCS application, you've defined a rate for a particular period, and a different rate for the following period (e.g., November and December). You would like for November's Closing Balance to post based on the November rate, and when this same value posts as the Opening Balance for December, it should be re-translated to the December rate. Instead, the Opening Balance for December is still reflecting November's rate, not December's.

Cause

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Symptoms
Cause
Solution
References


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.