My Oracle Support Banner

How to handle mexico price inflation index per hacienda government (Doc ID 2771122.1)

Last updated on APRIL 26, 2021

Applies to:

Oracle Financials for the Americas - Version 12.1 and later
Information in this document applies to any platform.

Goal

How to handle Mexico price inflation index under Latin America Localization per hacienda government ?
Currently ,inflation is calculating the revaluation as per Formula = ((Current Month - Previous Month) / Prev Month).
Per Hacienda Government rules their requirement is such that 
"if the revaluation rate is less than 1 then system should use 1 only. If the update rate is less than 1, always should use 1."
 

Is this supported on Oracle Financials for Americas ?

Solution

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
Goal
Solution


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