What is Ascend? Ascend is the second annual conference run by the OATUG (Oracle Applications and Technology User Group) and OHUG (Oracle HCM User Group), held this year at the Aria in Las Vegas. The main Oracle user group conference for years was Collaborate, we had exhibited...
Organizations that work with multi-currency need to ensure accurate currency exchange rates for accounting purposes. These exchange rates are used to convert transactions amounts to the reporting currency of each legal entity. Within most countries, current market rates are required for accounting. However, certain countries require,...
The Venezuelan government decided to complete a Venezuela currency revaluation October. This was the third revaluation within in the past three years. History In August of 2018, the government of Venezuela decided to revaluate its currency due to high inflation. The ISO currency code (VEF) was replaced by...
FXLoader and Zuora for Billing The newest FXLoader feature allows users to utilize integration with Zuora Billing. FXLoader offers clients the flexibility to push FX rates directly into the Zuora Billing software. Zuora is a real-time SaaS platform that automates all subscription order-to-revenue operations for businesses,...
We have always been committed to providing the leading sources of FX rates within FXLoader, based on the market and requests from clients. However, Bloomberg was one source that was not possible to add, due to the lack of a web service compatible with our...
FXLoader recently had the opportunity to attend Ascend 2021: Elevating Insights for the Oracle Community in Hollywood, Florida (IN-PERSON!). Virtual & In-Person For many people, 2021 OATUG Ascend was the first return to an in-person conference. As expected, there were some last-minute cancelations and travel restrictions. However, holding the...
The European Central Bank (ECB) publish FX rates every weekday, from the Euro (EUR) to 33 major currencies. Over the years, the rates published have been extremely reliable and authentic, and many FXLoader clients load the rates into their ERP for accounting purposes. This could be...
There’s been a lot of analysis of 2020, the strangest of years. We thought it might be useful to leave out the pandemic (plenty has been said elsewhere) and summarise 2020 for FXLoader. New Central Bank Sources Official central bank or government sources of FX rates are...
Every number has an “inverse” which is calculated by dividing 1 by that number. For example, the inverse of 5 is 1/5 (or 0.2) Consider a set of numbers and their inverses: Number ...
As you are probably aware, the Collaborate20 conference in Las Vegas has been cancelled, along with every other in-person conference at this time. The good news is that it has been replaced by the OATUG Forum Online from April 20 to May 1, 2020. The planned...