Some of the fundamental needs of every international business organization are:
- Converting foreign currencies to local currencies
- Converting local currencies to one currency for consolidated reporting
- Revaluing currencies as exchange rates fluctuates
Multi-Currency Accelerator is a reporting solution to address all of the above! MCA has the capability to convert project currency to 'base' currency by retrieving exchange rates in a DA. Reports can then use the inverse rate to report in any other currency.
To get this Accelerator please download the attached zip file.
Dependencies: This accelerator uses Exchange Rates Dynamic application to track and update all the exchange rates to be used in the report.
Audience: Executives, Portfolio and Project managers