Easily Delete Currency from the Applicant Evaluation

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How to Delete Currency from the Applicant Evaluation

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What is original currency vs functional currency?

The national currency of the country in which a foreign firm operates is called the local currency. Typically, the local currency is the entitys functional currency. For accounting purposes, any currency other than the entitys functional currency is a foreign currency for that entity.

What functional currency means?

An entitys functional currency is the currency of the primary economic environment in which the entity operates; normally, that is the currency of the environment in which an entity primarily generates and expends cash.

What is functional currency in Oracle Cloud?

The functional currency is generally the currency in which you transact most of your business and the one you use for legal reporting. A reporting functional currency is a currency other than your primary functional currency for which you need to report accounting data.

What is the currency dimension in FCCS?

In FCCS, the Currency dimension takes over the lower portion of the Value dimension in HFM (red box above). In HFM, and do not physically exist as data repository.

What is the difference between functional and entered currency?

ENTEREDReport balances and transactions in the currencies in which they occurred. FUNCTIONALReport balances and transactions in the currency associated with the entity that owns the account.

Which is the conversion type to be selected if a reporting currency dimension has to be created?

Reporting currencies If you select the one-to-many conversion type, a reporting currency dimension is also created. The dimension contains only one member representing the pivot currency, because the pivot currency is also used as the reporting currency for a one-to-many currency conversion.

What are the different types of currency in Oracle?

The ETL process extracts four different currency balance types from Oracle EBS, namely base currency, translated currency, entered currency, and statistical balance. These records are loaded and stored in WGLBALANCEF table in the Oracle Data Warehouse.

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Delete Currency from the Applicant Evaluation