FDI ERP prerequisite- Exchange Rates setup

Question

If there is no Exchange rate set up done in ERP as the only currency which will be used for accounting is USD. How this scenario can be handled as there is a prerequisite steps Exchange Rates setup for Analytics Currency and also, we have to set Pipeline parameters as well where Exchange Rate type needs to be selected.

Sushil Dhoot-Oracle · Accepted Answer

Yogesh - Thanks for using idea labs for your query.

In this scenario, you would need to select USD as Analytics Currency in Pipeline Parameters assuming that is the currency in which Analytics Currency metrics would be required to be populated. You can select any of the available rate types to complete the configuration.

From usage perspective, Analytics currency metrics would have same value as Ledger Currency if both the currencies are same. No conversion rates would apply in this case in FDI.