Converting Currency

In business applications requiring currency conversion, the Essbase database is divided into at least two "slices." One slice handles input of local data, and another slice holds a copy of this data converted to a single common currency for comparison and consolidation. Essbase holds the rates required for currency conversion in a currency database. The currency database outline, automatically generated by Essbase from the main database, typically maps a given conversion ratio onto a section of the main database.

Note:

Currency conversion does not apply to aggregate storage application.

  To build a currency conversion application and perform conversions, follow this process:

  1. Create or open the main database outline.

  2. Prepare the main database outline for currency conversion.

  3. Generate the currency database outline.

  4. Link the main and currency databases.

  5. Calculate currency conversion.

  6. Track currency conversions.

  7. If necessary, troubleshoot currency conversion.

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