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Is it possible to change the functional currency during the
mid of financial year ?

Answers were Sorted based on User's Feedback



Is it possible to change the functional currency during the mid of financial year ?..

Answer / jul

Rule of thumb is once the ledger is created( whenever), you
can not change the functional currency. Only Choice will be
to create the new ledger ..I may wrong though..oracle 12
allows secondary ledger where you can change all 3 c..but I
donot think you can change functional currency after the
ledger creation..

Is This Answer Correct ?    12 Yes 0 No

Is it possible to change the functional currency during the mid of financial year ?..

Answer / shankar ganesh c t

11i

COA
Currency
Calendar


R12
COA
Currency
Calendar
Accounting Method

Is This Answer Correct ?    13 Yes 2 No

Is it possible to change the functional currency during the mid of financial year ?..

Answer / mstapps

hai jul
i have an small douft

in oracle 12 how many c are there

in interview they asked me about diff bitween

11i and 12

after copplition of interview i asked them to tell

what is diff

they told me in 11i 3 c
and 12 4 c
is it currect

pls tell me

thanks and regards
mst

Is This Answer Correct ?    10 Yes 0 No

Is it possible to change the functional currency during the mid of financial year ?..

Answer / srikanthreddy

In Relase 12 no more 3'cs that is 4c's

1.Chart of account
2.Currency
3.Calendar
4.Accouting method/Accouting convention(New)

Regards
Reddy

Is This Answer Correct ?    10 Yes 1 No

Is it possible to change the functional currency during the mid of financial year ?..

Answer / ravi reddy

No its not possible to change functional currency, if is defined & used .

Is This Answer Correct ?    1 Yes 0 No

Is it possible to change the functional currency during the mid of financial year ?..

Answer / deepthi.cheers@gmail.com

Once you Define 4C's with Primary Ledger in R12

1)C.O.A 2) CALENDER 3) CURRENCY 4) CONVENTION

you can't change them

Is This Answer Correct ?    1 Yes 0 No

Is it possible to change the functional currency during the mid of financial year ?..

Answer / deepak jadhav

Funny Question & more funnier are the answers huh!

Answer#4 & 7 look to be correct.

Once you create a Ledger with the Calendar, COA, Currency & the Accounting Convention/Method, you cannot change it, in case if you are required to report your business into any of the other currency other than your functional currency, you may choose to use the reporting currency Ledger.

Regards
Deepak Jadhav

Is This Answer Correct ?    1 Yes 0 No

Is it possible to change the functional currency during the mid of financial year ?..

Answer / john pasha shaik

1.C-hart of account
2.C-urrency
3.C-alendar
4.Accouting C-onvention(known as Accouting method also)

Is This Answer Correct ?    1 Yes 1 No

Is it possible to change the functional currency during the mid of financial year ?..

Answer / devi

4th c is reporting currencies

Is This Answer Correct ?    1 Yes 9 No

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