Is it possible to change the functional currency during the
mid of financial year ?
Answers were Sorted based on User's Feedback
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 |
Answer / shankar ganesh c t
11i
COA
Currency
Calendar
R12
COA
Currency
Calendar
Accounting Method
Is This Answer Correct ? | 13 Yes | 2 No |
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 |
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 |
Answer / ravi reddy
No its not possible to change functional currency, if is defined & used .
Is This Answer Correct ? | 1 Yes | 0 No |
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 |
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 |
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 |
What is Mo security profile and Mo operating unit? Why use this profile option ?
What is Debit Memo & Credit Memo in Payables?
27 Answers Cognizant, HCL, IBM, TCS,
What is the difference between data converson and data migration
in mass addition normally there is an interface that runs from AP to add the items into FA...when does this process occur..is it during the month end after AP closing & is it an automated process.. Is it possible to run any interface in the middle of the month if u want to populate one specific item from AP
whats is the differce between 11i & 10.5.9
What is the difference between Electronic fund transfer and wire?
Can you translate the balances of SOB in GBP currencies into multiple currencies or only in one different currency?
What is Proxima Payment Terms?
What are the different Payments documents ?
how accounting transactions in AP module??
whichever documents prepaired by the FUNCTIONAL CONSULTANT while implementing project by using AIM.
segment qualifier types and usage