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Standard Currency conversion

Hi Team,

I am working on a scenario where client has company located in Japan and transaction posting to company in ECC is in USD because group company currency is USD. but company looking for the USD to JPY for local reporting purpose.

Does standard BPC currency conversion allow to convert from USD to JPY (GC-->JPY) ?

Standard currency conversion process is to convert LC-->RC-->GC .

Any thoughts help full.

Thanks,

Naresh .K

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1 Answer

  • Posted on Oct 03, 2014 at 08:48 PM

    Hello Naresh,

    Yes, BPC currency conversion allows to convert from USD to JPY (GC-->JPY).

    Standard currency conversion process is to convert LC-->RC-->GC.

    Provided

    - You have maintained conversions for USD & JPY

    - You have maintained required property say GC (Group curreny) LC (Local Currency) RC (Reporting Currency) in the currency dimension properties.

    Hope this helps-Thank you

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