Is it possible to maintain item cost in a currency other than the functional currency?
Summary:Oracle Cloud Costing functionality. Is it possible to maintain item cost in a currency other than the functional currency? From what I understand, costing will happen in the currency that is linked to your Primary Ledger.
To verify the currency of your primary ledger, I can navigate to Setup and Maintenance > Manufacturing and Supply Chain Materials Management > Financial Reporting Structures > Manage Primary Ledgers, and confirm which currency is assigned there.
Additionally, in Cost Accounting > Manage Cost Organization Relationships, I can check which Cost Book is assigned to my Cost Organization along with its Currency and other relevant details.
However, I wanted to clarify if there is a way to maintain item costs in a different currency while keeping the primary ledger's currency for costing purposes.