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...

Oracle ERP Cloud (aka Financials Cloud or Fusion) has extensive multi-currency functionality, as you’d expect. This post looks at the basics of how this works, for transactions and their resultant balances. Ledger Setup The balances for all accounts are held against a ledger. These balances are updated by...

Let’s assume you are accounting quite happily for your single company, transacting in your single ‘home’ currency only. Let’s assume you’re in the US, so everything is dollars. Of course you may buy the occasional item or service priced in a foreign currency, but you buy...

I’ve been to various Oracle User Group conferences, as a presenter, exhibitor and a regular attendee looking to learn as much as possible. Collaborate is definitely my favourite. It’s a joint conference put on by three user groups: OAUG (Oracle Applications User Group) – Oracle applications, especially...

Date: 15th December 2016 Release 44 includes the following enhancement: Date Offset - Allow Forward Offset Previously, the Date Offset for Fetch stages had to be zero or negative. However, the UK HMRC publish rates in advance of their effective date, so clients may wish to user a...

Date: 12th December 2016 Release 43 includes the following enhancements: Inquiry Only Users You can now set up users with access to the FXLoader application who can only view data; they cannot update any of your configuration. Inquiry access allows users to see the outcome of jobs and...

Date: 14th November 2016 Release 41 includes the following enhancement: Improve Web Service Error Reporting In the event of a failure of a web service call, either to get rates from a source or send them to your ERP, we have improved the reporting shown in the notification...