Compensate in Multiple Currencies
Oracle Sales Compensation gives you the flexibility to pay sales compensation in different currencies, with credit paid and rolled up in the currency of choice. With the choice of multiple currencies, you can:
- Make incentive payments in multiple currencies
- Allow for rollups across currencies
For example, you may have a transaction for a sale in England that rolls up to a sales manager in France. The manager can be paid in francs and the salesperson can be paid in British pounds.
- Associate a currency for each salesperson
The currency you associate with each salesperson is the salesrep currency, and all transactions credited to that salesperson will be in that currency for payment and reporting.
- Utilize a functional currency
The functional currency is the currency that is used by the parent company, and is defined the General Ledger set of books.
- Incorporate the reporting currencies for subsidiaries
For example, the French subsidiary of a corporation can choose to have all the revenue coming into their division in francs for reporting and bonus calculations. You can run reports in any currency.
- Handle currency conversions at the transaction level
Each transaction can have up to two currencies--transaction currency, which is the original currency in which the transaction occurred, and the functional currency.
- Run reports in any currency
Commission statements and reports can include the transaction currency, the salesrep currency, and the parent company's functional currency.
- Enter transaction and payment information in multiple currencies
You can enter manual transactions in any currency defined in Oracle General Ledger.
- View salespeople's account balances in functional or salesrep currency
