Standard Currency conversion

[former_member1192543]

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

[former_member181999]

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