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Application: Oracle General Ledger
Title: Multiple Reporting Currencies

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WWW.ERPTREE.COM Multiple Reporting Currency
Content:
What Is MRC…………………………………………………………...3
Setups For MRC………………………………………………………...2
1.Define Rounding Difference Track A/C ….……………….…..4
2.Assign Rounding Difference Track A/C At Primary Ledger…...5
3.Define Exchange Rate Type………………………………….…6
4.Define Exchange Rate………………………………………......7
5.Assign Exchange Rate Type At Primary Leger Level……….…8
6.Define Reporting Currency At Primary Ledger Level……….....9
7.Define Reporting General Ledger Responsibility…………..…12
8.Assign Reporting Ledger To Reporting Responsibility……...13
9.Create User & Assign Reporting Responsibility……………....15
10.Open Periods In Both Primary & Reporting Ledger……...….16
Test Case…………………………………………………………….…17
11.Enter Journals In Primary Ledger……………………………17
12.Check Result In Reporting Ledger……………...…………....18

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What is MRC:
The Multiple Reporting Currencies (MRC) feature is used to report and maintain accounting
records at the transaction level, in more than one functional currency.

Oracle Applications Support for MRC The following Oracle Applications support Multiple
Reporting Currencies:

· General Ledger
· Payables
· Purchasing
· Receivables
· Cash Management
· Projects
· Assets

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Step-1 Define Rounding Difference Track A/c
Here In Segments Values Window We Have To Define Rounding Difference Tracking A/C

With Account Type Expence

Application: General Ledger

Nav: Setup  Financial  Flexfiel  Key  Segment Values

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Step-2 Assign Rounding DifferenceTrack A/c at Primary Ledger Level
Application: General Ledger

Nav: Setup  Financials  Accounting Setup Manager Acconting Setps

1. Enter the code combination in the Rounding Difference Treacking Account

2. Click on Update

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Step-3 Define The Exchange Rate Type
Application: General Ledger

Nav: Setup  Currencies  Rate  Types

Give the Rate Type and Save it.

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Step-4 Define Exchange Rate
Application: General Ledger

Nav: Setup  Currencies Rate  Daily

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Step-5Assign Exchange Rate Type at Primary Ledger Level
Application: General Ledger

Nav: Setup  Financial Accounting Setup Manager  Accounting Setup

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Step-6 Define Reporting Currency At Primary Ledger Level
1. While Creating The Reporting Currency At Primary Ledger Level System Will
Automatically Create The Reporting Ledger

2. Click On Update

1.Click On Add Reporting Currency

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While we Are Creating Reporting Currency, Currency Conversion Level Should be Journal

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Click On Complete

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Step-7 Define Reporting Ledger Responsibility
Application: System Administrator

Nav: Security  Responsibility  Define

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Step-8 Assign Reporting Leger to Reporting Responsibility
Application: System Administrator

Nav: Profile  System

1.Select Your Reportng Ledger Responsibility

2.Select Profile Option Ledger Name

3.Click On Find

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1. Select Your Reporting Ledger

2.Save It

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Step-9 Create User & Assign Reporting Responsibility
Application: System Administrator

Nav: Security  Define  User

1.Enter User Name And Password

2.Select Reporting Responsibility

3.Save It

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Step-10 Open Periods in Both the Reporting & primary Ledgers
Application: General Ledger

Nav: Setup  Open Close Period

1.Select Reporting Ledger

2.Select Frist Period

3.Click On Open

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Step-11 Enter The Journal In Primary Ledger
Application: General Ledger

Nav: Journal  Enter  Newjournal

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12.Check Result In Reporting Ledger
1.Login Reporting User We Can See The Posted Journal In Reporting Ledger

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