10.11.2014 Views

Administrator Guide - Noetix Technical Support

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XOP Views and MRC<br />

If the Oracle Multiple Reporting Currencies (MRC) feature is activated, the data<br />

retrieved from multiple ledgers will be in different currencies. For a single ledger, XOP<br />

views may be used to retrieve accurate currency-related information. However, when<br />

XOP views are used to retrieve information from multiple ledgers that use different<br />

currencies, all information except for the currency-related information can be used.<br />

For example, a company has two ledgers for its operations in the United States and<br />

Mexico. The primary ledger, representing the entire company (both operations) uses<br />

U.S. dollars as its currency. The reporting ledger, representing the manufacturing<br />

organizations in Mexico, uses pesos as its currency. The company can use XOP views<br />

to retrieve information about Mexican manufacturing organizations from the<br />

reporting ledger. The retrieved information, containing financial data in pesos, can be<br />

submitted to the Mexican government. The company can also use XOP views to<br />

retrieve information about the entire company from the primary ledger. The retrieved<br />

information, containing financial data in U.S. dollars, can be used to evaluate the<br />

company’s global performance.<br />

Chapter 2: Versions of <strong>Noetix</strong> Views 15

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