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Is it possible to change the functional currency during the
mid of financial year ?
- 9 Answers
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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 |
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