Period Rates: GL Module 12 Release New Features

Period Rates:  GL Module 12 Release New Features, askHareesh blog for Oracle Apps

Period Rates

All period rates defined in Release 11i upgrade to daily rates in Release 12. Period end rates upgrade to daily rates with a conversion rate type name of Period End "ledger id". Period average rates upgrade to daily rates with a conversion rate type name of Period Average "ledger id".

If you performed currency translation in your Release 11i sets of books, those sets of books will become ledgers in Release 12 with currency translation options assigned. The daily rates that represent the period end and period average rates will be automatically assigned to the ledger. You can view all upgraded period rates in the Daily Rates form or from the Daily Rates page in Currency Rates Manager in Release 12.

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