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Data Management – Override Data Load in FCC

Introduction Some balance sheet accounts are translated at historical rates, meaning that the standard balance sheet translation methodology using the period end rate does not apply. This is one of the requirements unique to foreign entities in a multi-currency...

Loading Exchange Rate with Data Management

Introduction The exchange rate is essential for consolidation and translation in a multi-currency FCC application. The data can be submitted using the pre-built data forms or loaded directly from source systems (direct integration or via flat file) using Data...

Oracle FCC Translated Currency Input Journal

Introduction The consolidation process for the finance organizations could be as easy as a simple aggregation of data in a single currency organization to complex ownership structure in a multi-currency organization, multiple reporting standards, etc. One of the...