Use the Currencies window to define non-ISO (International Standards Organization) currencies, and to enable/disable currencies. Oracle Applications has predefined all currencies specified in ISO standard #4217.
To use a currency other than U.S. Dollars (USD), you must enable the currency. U.S. Dollars (USD) is the only currency that is enabled initially.
Navigate to the Currencies window.
Enter a unique Code to represent your currency.
Note: You cannot change a currency code after you enable the currency, even if you later disable that currency.
Enter the Name and Description of the currency.
(Optional) Select the name of the Issuing Territory. Oracle Applications has predefined the names of countries (per ISO Standard #3166) that issue standard currencies.
Enter the Symbol for your currency.
Note: Some Oracle Applications use currency symbols when displaying amounts. Others, like General Ledger, do not.
Enter the Precision of the currency to designate the number of digits to the right of the decimal point used in regular currency transactions.
Enter the Extended Precision to designate the number of digits to the right of the decimal point used in calculations for this currency. The extended precision must be greater than or equal to the standard precision.
Note: Some Oracle Applications use the extended precision. Others, like General Ledger, do not.
Enter the Minimum Accountable Unit to designate the smallest denomination used in this currency. Note that this might not correspond to the precision.
(Optional) Enter Effective Dates for your currency. You can only enter transactions denominated in this currency for dates within the range. If you don't enter a start date, the currency is valid immediately. If you don't enter an end date, the currency is valid indefinitely.
Enable your currency.
Save your work.
Navigate to the Currencies window.
Query the Code or Name of the currency that you want to enable or disable.
Mark the Enabled check box to indicate that the currency can be used to enter transactions and record balances. Clear the check box to indicate that the currency cannot be used.
Save your work.