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Venezuela currency change impact on the Oracle HCM Cloud configuration.
Summary:
Venezuela currency change impact on the Oracle HCM Cloud configuration
Content (required):
Hi experts,
Our company has a presence in Venezuela.
Venezuela introduces a new currency with 6 fewer zeros.
I would like to know the impact on the current LE configuration.
We definitely have to take action on this.
Could I ask you to share any knowledge on similar cases?
I see the following steps to be configured in the system:
1. Create a new currency
2. Create a new LDG
3. Create a new legal employer
4. Create new elements, grade rates, salary basis
5. Load employees data into a new LE (maybe initiate a global transfer)
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