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Can we change the functional currency without reconfiguring/reimplementing the system ?

in General Ledger & Intercompany 2 comments

Dear All,

Is it possible to change the functional currency for primary ledger without reconfiguring and data migration ?

Lot many countries in Europe had changed their economy currency few years back and adopted Euro. What solution did Oracle provide to it's customers in those geographies? This change would have impacted all Oracle clients in Euro region at some point of time, and they should be a better way to adopt this legal requirement.

Best Regards

Anil

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