ERPstuff - Oracle EBS Community

Posted: **Sun Jan 17, 2010 1:27 pm**

Hi, can any one tell me what is business currency, and what is the diff between functional currency and business currency.

thanks.

Posted: **Sun Jan 17, 2010 4:48 pm**

Hi erp11,

Currency of Ledger(Ledgers in R12 or Set of Books in 11i) is Functional Currency.

Currency Other than Functional is Business Currency. (Business Currency is otherwise called as Foreign Currency)