Translation

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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syedtaju_21
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Joined: Thu Aug 28, 2008 4:21 pm
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Translation

Post by syedtaju_21 »

Hi,
While we are doing the Transalation, we have to define the Period avg rate and Period end Rate.
What is the use of Period Avg. Rate and Period End rate.
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karthikeyanp1981
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Post by karthikeyanp1981 »

Dear Syed,

Please read the below metalink note
188530.1 How Does the Translation Process Calculate the Translated Amounts?

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Karthikeyan
thotaramu79
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Location: India

Post by thotaramu79 »

According to Accounting Standards, the Period-end rate represents the rate at the Balance sheet date and the Period-average rate represents the average exchange rate.
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