Setting Up Currency Rules for EPM

PeopleSoft enables you to manage financial information in multiple currencies. PeopleSoft provides specific input, processing, and reporting features that support the European Common Currency (euro), currency conversions, remeasurement, revaluation, translation, and a complete audit trail of all multi-currency processing.

You can define and maintain tables that describe currency codes, exchange rates, market rates, and currency rate types. All PeopleSoft products use the same market rate and currency pages and tables, which enables you to administer centralized currency controls throughout the integrated product lines.

These topics provide an overview of multiple currency processing concepts and discuss how to:

Set up EPM currency tables
Set up market rates
Define currency quotations
Establish market rates
Calculate currency rates
Configure currency precision

Note: The multi-currency processing setup tasks documented in this topic are common to both the EPM Warehouses and the Analytical Applications. However, additional multi-currency processing setup tasks are required for the EPM Warehouses andSetting Up and Running Currency Conversion the Analytical Applications:

EPM Warehouses: see the topic entitled 'Implementing Currency Conversion' in your specific EPM warehouse documentation (for example, the PeopleSoft Campus Solutions Warehouse).

Analytical Applications: see Setting Up and Running Currency Conversion in this documentation.