Sunday 23 December 2012

Currency Types in DAC

When You Configure DAC To Any Source System Must And Should You want configure This Current Parameters Also:

 Local currency: The local currency is the base currency of your ledger, or the currency in which your accounting entries are recorded.
 Global currencies: Oracle BI Applications provides three global currencies, which are the common currencies used by the Oracle Business Analytics Warehouse.
 Example: if your organization is a multinational enterprise that has its headquarters in the United States, you probably want to choose US dollars (USD) as one of the three global currencies.

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