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

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is Reporting of financial data in a project.

1614


I am traying to access oracle functiona/ technical interview questions asked by the consultancy "infosys", but i cant find anything when i go the to the links, i need the oracle erp techno functiona questions pls, Thanks, in advance Tovia

1912


Re: what are the Issue that we face in Gl,PO and AP while Supporting

1846


What kind of necessary ap information you gather from the client?

641


Charge Back Setups ?

1706






Anyone provide the oracle fin/scm definetions

1908


Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.

1784


What do you mean by Category Set ? and what is its Relevance ?

1983


While assigning the security by book in oracle assets..i am unable ot get the asset org in security profile form.This asset org was already defined in org description window.

2293


What is automation of accounts payable activities (evaluated receipt settlement)?

706


What is meaning of deprecation?

620


please explain with examples the below mentioned "Creating the end to end business scenarios and executing the scenarios to perform the regression testing".

1746


what is the use of hr: security profile, while configure multiorg?

635


Recurring Problem Posting i have Journals for sep 2018 that i approved but they are not available to post even though the period is open in Oracle R12 Issues

1265


Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?

1598