Translation and Revaluation

[abbas9001]

Can anyone tell me the steps for creating Translation and Revaluation

[faisal.iqbal.sheikh]

Steps for revaluation and translation

1) Enter Period rates

2) Perform revaluation

3) Setup Historical Rates

4) Translation Functional Currency Account Balance

[abbas9001]

Can I get in details steps for the above.

[sujatha]

Hi,

Concepts like Budegeting,MRC or translation etc all are business requirements. oracle has designed all these concepts to meet the requirement of Business.

Processes may differ a little from business to business , some may not require certain functionalities to be used but on average standard functionality is the same.

Understand the concept logically why it is required by business & how oracle is mapping for it. For this one can easily get info from userguide & lot of other sources available.

To be a functinal consultant you must have to go through oracle userguides to understand the basic functionality of all concepts. You cannot expect others to explain right from scratch. Even if they try to help you it would not be beneficial for you.

Before posting a question in the forum you could have searched for it.


Thanks
Sujatha

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