Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register
Get Started with Redwood for Oracle Cloud HCM   Begin Now
To ensure that questions get required attention from community members and are NOT left unanswered, it’s important for the author to indicate (by selecting “Yes” or “No” when prompted) whether the question was answered. (newly added) Please note that it is also important to respond to EACH comment your question receives. Your Yes or No response ensures an accurate status for your question.

For more information, please refer to this announcement explaining best practices for getting answers to questions.

Currency Conversion with Components

Summary:

Currency conversion activated and working on salaries but not on components

Content (required):

Hello experts,

I have created a plan with people from multiple countries. I have selected a corporate currency that is euros and have enabled currency switching. In active plans I have specified an exchange rate for the two currencies used in my plan:

When I go into my plan, I am able to switch currencies for the salary but not for the components. I have activated the column Currency Conversion Rate and it says 1 for all lines even the ones not in the corporate currency. The column "proposed individual increase" is the "Percentage of eligible Salary - Component 1" and the column "Augmentation pour budget" is "Compensation amount - Component 1". This is what I see in local currencies:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!