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Currency Precision for 'UGX' not according to ISO 4217 in Fusion Cloud

edited Mar 22, 2024 11:15AM in Payables, Payments & Cash Management 3 comments

Summary:

As per ISO 4217, Currency precision is 0 for 'UGX' - Uganda Shilling.

Currently, integrations exist between a core banking system and ERP Cloud.

The core banking system is aligned with ISO 4217 for UGX.

However, in Fusion Cloud the Currency Precision is 2 for UGX.

We understood that Currencies in Fusion Cloud adheres to international standards ISO 4217.

How do we align Currency Precision for UGX between Fusion Cloud and Core Banking system?

Failure in aligning same will result in integration issues (outbound--> from ERP Cloud to Core Banking System).

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