This functionality provides you with the option to copy, in total or selectively, the product assumptions contained within the BSP assumption rules from one currency to another currency or a set of currencies, or from one product to another product or set of products.
Copy of assumptions enhances the usability of Oracle Balance Sheet Planning in a multi-currency environment. For example if you have 10 currencies enabled in the application, you need to input only one set of assumptions and then copy those assumptions across all enabled currencies, instead of having to input 10 full sets, thereby saving a significant amount of input time.
This functionality also reduces the risk associated with data input errors as you need to audit inputs for just a single set of assumptions before executing the copy procedure. The copy across currencies process requires users to select a replacement yield curve for each target currency. These currency specific IRC's replace the IRC selection made for each product in the source currency selection set. It is possible to edit the target assumptions after the initial copy processes has been completed.
Define BSP rule related product assumptions. See:
Overview of Product Characteristic Rules
Overview of Discount Method Rules
Creating a Forecast Balance Rule
Overview of Maturity Mix Rules
Overview of Pricing Margin Rules
Overview of Transfer Pricing Rules
Use the following procedure to copy assumptions across currencies or products:
1. Navigate to the appropriate BSP business rule assumption browser.
2. Define assumptions for the source currency / product set.
3. Save the assumptions.
4. Select the defined product assumptions using the check boxes corresponding to each product (or Node on the hierarchy) that you want to include in the copy process.
5. Click the Copy Across icon.
On the Copy Across details page, select the listed currencies either individually using the corresponding check boxes or in total using Select All.
6. Specify an interest rate code for each selected currency. This is necessary because each interest rate code is specific to a single currency. When copying product assumptions across currencies, you must define the interest rate code for each target currency to replace the interest rate code used for the source currency assumptions.
Note While defining a rule if IRC is required, then Copy Across (currency) UI will have an option to select the IRC. For example, Product Characteristic, Discount Methods, Prepayments, Transfer Pricing Rules, Adjustment Rules UIs, the Copy Across (Currency) UI will have option for IRC selection. While defining a rule if IRC selection is not required, then Copy Across (Currency) will have the IRC selection option disabled. For example, Forecast Balances, Maturity Mix, Pricing Margin UIs, the Copy Across (Currency) UI will not have option for IRC selection. If a rule does not require the IRC selection and RDP selection is required (for, Forecast Balances, Maturity Mix, Pricing Margin), then Copy Across (Currency) will not have an option to select the IRC. |
7. Click Apply to initiate the copy process and to return to the Assumption Browser page.
Note You can review the results of the copy process from the Assumption Browser by selecting a different currency and following the usual navigation to view or edit assumptions. The application displays new assumptions for each product included in the original source selection. The copy process replaces pre-existing assumptions for any product-currency combination that is included in the target selection. |
8. Click Save on the Assumption Browser page to save the assumptions to the database.