You Gain Some You Lose Some – Best Practices for Ledger Structures During Functional Currency Change

When going to a true functional currency, countries are eliminating the financial statement misstatement between Cumulative Translation Adjustment and foreign exchange gains and losses. For entities with Oracle® E-Business Suite, one of the most significant changes to be addressed is affecting the functional currency change within all ledgers – ledgers should be set up for each local currency.

Learning Objectives: After completion of this program you will be able to:

  • Objective 1: Discover how ledgers are affected during a functional currency change.
  • Objective 2: Analyze setups for ledger structures in Release 12.
  • Objective 3: Explore the best practices for ledger structures during a currency change.

View the post-webinar Q&A and engage with us on our LinkedIn group page, EBS Answers. 

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