This functionality provides you with the option to copy, in total or
selectively, the product assumptions contained within the Transfer Pricing, Prepayment, and
Adjustment Rules from one currency to another currency or a set of currencies.
Copy of assumptions across currencies enhances the usability of Oracle Funds
Transfer Pricing 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 a single set of assumptions before executing the copy
procedure. The copy across the currencies process requires users to select a replacement
Transfer Pricing 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.
You must define Transfer Pricing, Prepayment, and (or) Adjustment Rules related to
product assumptions.
To copy the assumptions across currencies:
- Navigate to the appropriate (Transfer Pricing, Prepayment, or Adjustment rule)
Assumption Browser.
- Select Source currency.
- Select defined product assumptions individually using the checkboxes
corresponding to each product (or Node on the hierarchy).
- Click the Copy Across Currencies icon.
- On the Copy Across Currencies page, select the listed currencies either
individually using the corresponding checkboxes or in total using
Select All.
- 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. For Transfer Pricing Rules that use the Redemption Curve
Method, users should pay careful attention to the structure of the Interest Rate
Codes selected for the Target currencies to ensure they contain all of the Term
Points used in the definition of the source assumptions. If the selected target
Interest Rate Code structures are missing required Term Points, the UI will
display a notification regarding the missing Term Points, and assumptions cannot
be copied until the user takes corrective action.
- 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 that was 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.
- Click Save on the Assumption Browser page to save the
assumptions to the database.
Note:
Save or Cancel operation on assumption browser page is only applicable to
top half of the page. Changes which are already committed on the assumption
browser, like method addition/deletion or conditional assumptions are
already committed actions which will remain intact regardless of user
clicking save/cancel on assumption browser page.