Oracle Apps Functional All About Oracle Apps functional & Technical FAQs, Tutorials

Oracle Nukes ETRM

In an announcement affecting may EBS customers, Oracle has stopped hosting the Electronic technical Reference Manual. Anyone who has to reference needs to download around 7gb files and unzip them which are around 47gb to their hard drive. All of these are static files devoid of any search capability hence very hard to use. Very unfortunate move by Oracle. An alternate location that has been hosted is ETRM Backup.

https://blogs.oracle.com/ebstech/update-to-ebs-electronic-technical-reference-manual-etrm

REVALUATION IN GL

§Revaluation is the process of revaluing balances that have transactions denominated in foreign currency. Revaluation reflects the change in conversion rates between the date of the transaction and the current market rate of each currency. When you run revaluation, a journal entry is created that either increases or decreases the functional currency amount for that account, based on the fluctuation of the exchange rate. The resulting gain or loss amounts are posted to Gain/Loss or Cumulative Translation Adjustment account you specify. This process creates a revaluation batch containing separate journal entries for each revalued foreign currency.