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Is it possible to increase decimal precision from 2 to 3 in Fusion and what are the impacts?

Summary:

Is it possible to increase decimal precision from 2 to 3 in Oracle Financials Cloud Fusion and what are the impacts?

Context:
We currently have a currency precision of 2 decimal places.
As part of a fiscal request, we need to increase the decimal precision currency from 2 to 3 in Oracle Financials Cloud Fusion
and we want to know what is the best way to do it as well as the impacts that must be considered to perform
this change.

We have implemented the modules: Accounts Payables, Assets Management, Procurement, Cash Management, General Accounting,
Accounts Receivables, Contracts and Expenses.

Can you please give us your comments?

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