What is MRC and what are its use?

The Multi Reporting Currency Feature allows you to report and maintain records at the transaction level in more than one functional currency. You can do by defining one or more set of books in addition to primary set of books.
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Bonthu

  • Feb 13th, 2006
 

MRC ( Multi Reporting Currencies ):-  A Unique set of features embedded in oracle applications that allows u to maintain and report accounting records in your functional currency.

                     To use Multiple Reporting currencies you must create a primary set of books and seperate reporting sets of books for each functional Currency.

Cheers,

Bonthu N Reddy.

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