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ER Constant Currency Analysis (Doc ID 2782192.1)

Last updated on JUNE 05, 2021

Applies to:

Oracle General Ledger - Version 12.2.8 and later
Information in this document applies to any platform.

Goal

Is there any feature to do Constant Currency Analysis in EBS General Ledger ?
 

What is Constant Currency?

Constant currencies are exchange rates used to eliminate the effect of fluctuations when calculating financial performance numbers for publication in financial statements.

Companies with overseas operations often supplement mandatory, reported figures with optional, constant currency numbers. Basically, it enables them to show investors how they performed, independently of foreign currency movements.

 

Business Case example

Ledgers exist for:

Constant Currency Analysis

Jan21 is closed wiht GBP and MXN ledgers consolidated to CONSLD_BOOK

Required to bring in those Jan21 balances and convert with Feb21 exchange rate and do a comparison / performance with last year and this year

 

 

 

Solution

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In this Document
Goal
Solution
References


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