How to handle mexico price inflation index per hacienda government
(Doc ID 2771122.1)
Last updated on JUNE 12, 2023
Applies to:Oracle Financials for the Americas - Version 12.1 and later
Information in this document applies to any platform.
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 ?
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