Impact Analysis on field 'Precision' for Currency 'XOF'
Summary:
Hello,
Can you assist us urgently with the impact analysis of the following :
Navigate to Setup & Maintenance > Manage Currencies
Search for currency code 'XOF'
In the search results, click on the arrow, the field Precision is '0'.
--> What is the impact if we change the Precision to 2 instead of 0, as defaulted by Oracle?
-- Business Impact
The issue has the following business impact:
Due to this issue, the Opening Balance Migration fails since we have a journal line having balance ending with .20, and it is being rounded by Oracle upon import.
--> High Business Impact since we need to the opening balance to proceed with validation of solution.
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