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MRC: Multiple Reporting Currencies FAQ (Doc ID 197606.1)

Last updated on OCTOBER 17, 2023

Applies to:

Oracle Assets - Version and later
Information in this document applies to any platform.



Frequently Asked Questions (FAQ)

Oracle Assets
Multiple Reporting Currencies

Instructions for the reader: This FAQ document identifies the most frequently reported questions relating to Multiple Reporting Currencies.

FAQ Summary

  1. When converting assets from a legacy system into an MRC enabled
    Depreciation Book, what exchange rate is used to convert the assets?
  2. When adding assets manually or from Payables into an MRC enabled
    Depreciation Book, what exchange rate is used ?
  3. Can I enter transactions in a Reporting Responsibility?
  4. How to Determine whether MRC is Installed?
  5. How to make sure that the MRC environment is fine for Oracle Assets?
  6. How is AVG_EXCHANGE_RATE calculated in FA_MC_BOOKS_RATES?
  7. How to disable MRC (Multiple Reporting Currencies) for Oracle Assets ?
  8. Why is the Exchange Rate Not Updated when Date-Placed-In-Service is Updated ?
  9. Can you have a Tax book that is not MRC'd when the Corp book is?
  10. Where does FA get the exchange rate for a manually added asset in the MRC
    reporting book? What date will FA use for the exchange rate?
  11. Technically, what has changed in MRC transaction processing after 11i.FA.K ?
  12. How to Run Depreciation for Reporting Responsibility after 11i.FA.L ?


Questions and Answers

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