Enhanced Refresh DB Performance

Tax Reporting is now enhanced with an Optimized Rates Model feature for multi-currency applications to enhance the performance of FX rate triangulation and caching, thereby, reducing total Refresh DB time.

You can select this option from the Enable Features screen (Application -> Configuration -> Enable Features) only for existing multi-currency applications. For new multi-currency applications, the Optimized Rates Model feature is automatically enabled and is not available for selection in the application creation wizard.

Business Benefit: Enabling the Optimized Rates Model reduces overall Refresh DB time for multi-currency applications.

Key Resources

• Administering Tax Reporting 
  • Enabling Application Features
  • Refreshing the Database
• Working with Tax Reporting
  • Working with National FX Rates  
  • Working with Regional FX Rates