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    • Need to increase Precision of an Currency in Production

    in General Ledger & Intercompany 2 comments

    Summary:

    Hi, we need to increase Precision of CLP currency from 0 to 2 in Production. Please note that we have multiple open transactions in the currency

    Content (please ensure you mask any confidential information):

    We have gone through the customer query where the Oracle engineer suggested that, there can me impact of changing precision on Open transactions and it is not recommendable. But we have tested this in non Prod instance. By testing two scenarios.

    1. Creating an invoice without changing the precision and then increasing the precision from 0 to 2 before payment. There was no issue with payment accounting.
    2. Depreciating the already existing asset with the new precision. Again, there was no issue with the Asset Accounting.
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