Where is Extended Precision or Non-Rounded Values Stored for General Ledger (GL) Translated Values?
(Doc ID 2799243.1)
Last updated on AUGUST 23, 2021
Applies to:Oracle General Ledger - Version 12.0.0 and later
Information in this document applies to any platform.
At Translation the General Ledger Translation process calculates the translated currency value using GL Rates, rounds value to precision, and store the value to the GL_BALANCES table.
Where can users find the non-rounded or extended precision value?
During translation Oracle GL is calculating translated balances from Local Currency (USD) to Foreign Currency (Eg CAD) using formula of
Local Amount * GL Exchange Rate.
Sample: Amount 63537.87 * Rate 0.761411657212472 = $48,378.47489245060831464.
System precision is 2, so the GL_BALANCES Table stores the rounded value as $48,378.47
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