Reporting currency and Functional currency?

How can I set up the reporting currency which is different from the functional currency in the set of book?
Thanks,
Amy

Hi,
Yes.... We are using "Chart of Accounts" and "Calendar" as Primary SOB's.
We have many Set of Books and all are using same "Chart of Accounts" and "Calendar", just the functional currencies are different.
Let me provide more info:
1) We have a set of book named as "RS_ASIA" with below settings:
COA is "ASIA_COA", the calendar is "ASIP_CAL" and functional currency is "USD".
For now I to print out financial statments with 2 currencies, one is USD and I think we don't any problem. Another currency is "HKD" and I think we have to set up as "Reporting Currency" for print out financial statement.
Hope someone can help.
Thanks.

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FSG reports - Entered and translated currency (11i)

Hi guys,
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The account assignments are such that journals are entered in LKR and USD/GBP to most of the account combinations. I defined the 1st column as LKR (in the Balance Control region)and didnt attach a Control Value. I defined the second column as USD (in the balance control region) and gave the control value as 1.
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In the output, the second column which was defined as USD in the balance control gave the correct results. But the values in the first column gave zero values. I'm assuming this is because the Control Value defaulted to colomn one as well.
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Miranga

yES - Inddedd, this interesting question.
Look at document here: http://
as it coverers very similar issues with answers amd solutions,

Difference in between account currency and functional currency

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What is the difference in between account currency and functional currency.
In which table account currency and functional currency will be stored.
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Moderator: Please, avoid asking basic questions

A Payer is the individual or company who settles the invoices foa a service or for delivered goods.
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Hello Experts,
Below are my scenario
We have 8 different legal entities with 4 different country ( same business )
Here 4 different country with four fiscal year variant and also 4 chart of account   so my controlling area also 4
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Hi VS
1. Since you have separate controlling area for each country - You can have Currency Type as 10 - Comp Code Currency...
Ensure that any company code you add under this controlling area will have to have the same currency
2. You can have currency type as 20 incase you feel there can be company codes with different currencies under the same controlling area
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With holding tax exempt in reporting currency?????????/

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We do not do any with holding, so we have configured witholding tax functionality with 0%
now when I ran the 1099-misc report , it shows that certain invoices has portion of amount going into with holding exempt in reporting currency and did not show year to date payments on 1099 report.
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How to setup Multi Reporting Currency by SubLedger in Oracle EBS 12.1.3

Hi,
I would like to ask about how to setup (steps) multi reporting currency by Subledger, by Balance in Oracle EBS R12.1.3
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fn

Hi;
Please see:
Reporting Currency Function With Subledger Option In Release 12 [ID 785385.1]
Hope it helps
Regard
Helios

How to include balance level reporting currency in a ledger set.

Hi,
I was trying to use ledger set for consolidation purposes in GL to generate FSG report. I read on the following meta link that i can do so:
http://docs.oracle.com/cd/E18727_01/doc.121/e13425/T348488T348495.htm#T385474
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* with Access Level == Edit for Credential == Instructor@...${IDENTIFIER} with no Group Access Label, and also
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But naturally I want to do the manual part programmatically, to save n instructors from having to learn how to do this same thing and then to do it.
So I'm trying to change my ws call to add the Groups, including Permissions. Schema http://deimos.apple.com/rsrc/xsd/iTunesURequest-1.1.xsd doesn't include Group Access Label for Permission. What does this mean?
I've tried the actual Credential == Student@...${IDENTIFIER} (with IDENTIFIER substitution made before the call) and also Credential == Student (to see if I'm supposed to match the Group Access Label, instead).
For either of these trials, the ws call successfully adds the Groups and a ShowTree includes the Permissions for the Groups. But in the iTunes client user interface, it's as if I gave no Permissions in adding the Groups.
Am I approaching this wrong or is there a bug here?
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New Reporting Currency won't Convert

Hey Experts!
We're running BPC v 5.1.502 for Microsoft SQL.
I've recently setup the Currency Conversion features with BPC. I was able to successfully convert LC Values to both USD and EUR. These 2 Currencies were already setup as Reporting currencies by somebody else, probably years ago.
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Thanks!
Sean

I'm running Script Logic and even though I have Processed all Dimensions, processed the application and optimized trying to get this thing to work; I figured I'd try your advice on saving and validating the script. Well, this fixed it! I'm now able to get my new Reporting curency to convert LC values.
Thank you so very much for this information. It would be nice if it were documented somewhere that the Script Logic has to be re-validated and saved after adding a new Reporting Currency.
Now, to follow up, if I add more reporting currencies, do I need to optimize and process the entire application after each new currency? Or is that overkill? Thanks again for your advice!

Translating to reporting currency

HI FRIENDS,
I HAVE SELLING PRICE DATA FIELD /BIC/YSELPRICE IN ODS UPDATE RULES BASED ON SELLING PRICE CURRENCY.
YREPSALES OTHER FIELD IS SOURCING FROM /BIC/YSELPRICE BUT TO BE TRANSALTED INTO REPORTING CURENCY HERE.
MY REQUIREMENT IS TO TRANSLATE THE SELLING PRICE CURRENCY INTO REPORTING CURRENCY USING A UPDATE ROUTINE FOR THE FIELD YREPSALES .
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HOPE I AM CLEAR WITH THE REQUIREMENT
THANKS IN ADVANCE.
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Message was edited by: vvs kom

Hi,
Why can't you user the global currency translation method which system maintains.
Is there need to store the translated value in the infoprovider or you just want to translate it and show it to the user.
If later is the case you can create your own translation method based on the evaluation characterstics and apply it to the key figure which you want to translate.
Check for tcode RRC1.
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KE30 report - currency selection

HI Community,
I am looking for a possibility to select a "report" currency in the selection screen of a KE30 report.
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Thanks in advance.

Hiya,
I am aware of converting a report into the currency you need by using the "Currency" option, but this is AFTER the report is displayed in the Op Co (B0) / Co Code (10) currency. I've never seen this kind of requirement before probably because this will affect the report performance adversely.
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Cheers.

Currency Conversion Reporting currency setting

Hi all,
Can someone tell me why do we need to enter Reporting currency setting in more than one places during currency conversion.
RptCurrency dimension has Reporting property (default) where we need to put Y or leave blank. In the same dimension Currency_type property should also be filled with R for reporting currency.
Again in Input currency reporting property as default which should be filled with Y or left blank .
And in Currency Conversion Script logic we can specify the reporting currency ie '%RPTCURRENCY_SET.
If we want USD as reporting currency Do we need to fill in all these for a simple planning application ?
Thank you
Jack


Hi 
If you defined some currency translation types using transaction RRC1, then you would be able to see and use all of them when you are designing your query in query designer. 
After the query execution, if you select the properties of your key figure, you won't again get the same full list of currency translation types as in RRC1. But you will get only what is relevant as per the definition of that key figure. So if you have any doubts about what is shown here, please go back to the query designer and check the definition of concerned key figure 
 
Hope it helps. 
Cheers Abhijit
Removed

Can "Reporting currency" be "Base currency" for Entity ?

Hi Experts !!
In my app i m using USD as reporting currency and MXP as local currency.
In Entity dimension parent member base currency should be USD and its children base currency should be MXP.
While i m retrieving the data on those entity members , I can see data on entity children members (MXP as base) but not on Parents,(Which base currency is set as USD)
So , Is it correct to tag parant member's base currency as USD or
or because USD is reporting currency so i can not fix parent members base currency as USD.
Please suggest !
Thank you.

parent member will get the data from the childrens.
For the leaf level members you will do the conversion and aggregate to the parent.
Obviously the parent member will be tagged with the reporting currency.
Base currency means the currency of the loading data.

Limit on Number of Reporting Currencies

What is the maximum number of reporting currencies one could create in Oracle. I could not find the limit specified in Oracle R12 documentation. Can someone point out where Oracle has specified the limit if there is any? Thanks.

In theory, no. Certainly not one that you're going to hit unless you're planning on hitting a triple digit number of nodes.
In practice, as you add nodes, the scaling factor decreases, so adding nodes gets less and less bang for the buck as you add additional nodes. Most applications (particularly those not designed with massive scale-out in mind) have various bottlenecks that tend to get more and more apparent as additional nodes are added which require more and more tuning efforts to identify and remove. So your application(s) most likely impose much lower practical caps on the number of nodes than Oracle does.
Justin

Disable reporting currency results in 'ORA-00001: unique constraint (GL.GL_

hi
need your assistance .
I disabled reporting currency and when attempted to post a journal following error occurs..
'ORA-00001: unique constraint (GL.GL_SUMMARY_INT_1_U1) violated'
any idea what I have missed..?
regards
Ahsan

You can use the debug script $GL_TOP/patch/115/sql/glxacovl.sql, to isolate overlapping child ranges within summary account rollup groups.

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Reporting currency and Functional currency?

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