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author's profile photo Former Member
Former Member

Currency conversion

Hi all:

We are working in a project of planning with several currencies. We need to run a process to currency conversion. This process has to check if the period is closed and post the currency differences in the first open period.

Then, if we have january and feburary closed and we are calculating january but there are differences between new rate and old rate, we will post january differences in March.

I know we have business rules in consolidation to convert currency but I understand that it is not possible to adapt them to our requirements because we don't use same dimensions and the logic of this process is different.

In my opinion, I guess the only solution would be to create an script logic to programming a new logic to meet new requirements. Is that ok?

Thanks in advance

Best regards

Jose

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    author's profile photo Former Member
    Former Member
    Posted on Jan 23, 2012 at 08:37 PM

    How this is done will depend on - Is the data coming through input schedule (ie. should this logic be part of default)?

    If part of default logic, I would make the normal currency conversion, and add additional check - if the data region is closed, trigger additional logic to post the diff to the nearest open period in script logic.

    hope this helps.

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    • Former Member

      Sorry Siva. I see I didn't explain it very well.

      In fact, I don't know rates for january until february and I have to recalculate all january when I have the rate. Then, It is not useful to use script logic default. Moreover, In March it is possible to check january rates and I should to recalculate january again but I would have to post the difference in the first open period (fabruary in this case). In April, I would have to recalculate january, fabruary and march again and post differences in first open period.....

      Thanks for your help...

      Best regards

      Jose

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