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Can Converted Cost be Changed in FA Tax Book? (Doc ID 2647007.1)

Last updated on MAY 20, 2021

Applies to:

Oracle Assets - Version 11.5.10.2 and later
Information in this document applies to any platform.

Goal

  1. Can we directly update Tax book foreign currency Cost to avoid transaction gap amount between USD and Foreign cost?
  2. Can USD cost in Tax book be changed? and let system use the USD amount * DPIS rate to get the Foreign cost?
  3. Can we directly input the Foreign cost / Reporting currency cost amount in Tax book so that system can use Foreign amount * DPIS rate to get back the USD cost?
  4. User wants Foreign cost exactly the same as purchase cost, user cannot accept any rounding gap due to 'from USD' to Foreign cost.
     

Solution

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