Add reporting currencies to primary or secondary ledgers at any time. If adding journal level or subledger level reporting currencies to existing ledgers that have periods opened, you must initialize the beginning balances for your reporting currency and optionally choose to convert historical data from the source ledger to the reporting currency. Historical Conversion refers to converting the historical transactions of the source ledger to the journal level or subledger level reporting currency.

To add reporting currencies:

1. Navigate to the Accounting Options page.

2. Click the Update icon for the reporting currency.

3. In the Reporting Currency Assignment region, click Add Reporting Currency.

4. Select the Currency Conversion level.

   • You can only assign subledger level reporting currencies to primary ledgers that have subledger accounting methods assigned.

     If assigning a reporting currency to a secondary ledger, the currency conversion level of the reporting currency must be equal to or less than the Data Conversion Level of the Secondary Ledger. The following table lists the types of reporting currencies that can be assigned to Secondary Ledgers.

     Reporting Currencies that can be Assigned to Secondary Ledgers

     If the secondary ledger data conversion level is ...	Then the type of reporting currency available is...
     Balance	Balance level only
     Journal	Balance or journal level
     Subledger	Balance or journal level Note: : Secondary ledgers cannot have subledger level reporting currencies assigned.
     Adjustments Only	Balance level only

5. Enter all required fields.

6. To initialize beginning balances and convert historical transactions or journals to this reporting currency, enter Data Conversion Initialization options as described in the following table.

   Data Conversion Initialization Options

   Option	Description
   First Future Conversion Period	The first period for which you want to convert transactions or journals to your reporting currency. The First Future Conversion Period is also the period in which account balances are initialized in your reporting currencies. It must be the first future-enterable period in your source ledger.
   Retain Original Conversion Rate Type	To convert data from the source ledger to your reporting currency for periods prior to the First Future Conversion Period, this options determines whether the original rate type can be used to convert historical data. Select Yes to retain the conversion rate type used to enter the original transaction. Select No to use the rate type specified in the next field, Historical Conversion Rate Type.
   Historical Conversion Rate Date	Enter the date of the conversion rate to use to convert historical data to this reporting currency.
   Historical Conversion Rate Type	If you entered No to retain the original transaction's conversion rate type, enter the conversion rate type to use for historical data conversion.

   Note: For more information about the previous four options, see the Implementation Considerations section of the Journal or Subledger-Level Reporting Currencies chapter of the Oracle General Ledger User Guide.

7. Click Apply.