Enterprise Transformations, It's all About Performance Management

Multi-Currency Planning Applications provides an ability to plan, forecast and analyze in multiple currencies. We can do the same using default Multi-Currency planning application creation option or you can create your own Custom Currency Dimension. Later is generally a preferred choice as it provides more flexibility. Today we will be concentrating on Planning's Default Multi Currency Applications. While creating an application, Application creation wizard gives us an option to create multi currency applications, when you choose this option Planning Creates two additional dimensions: 1. Currency  2. HSP_Rates (We can see the members of this dimension in Essbase Only, and the dimension name in the Performance Settings in Planning Web) Both of these dimension are by default Sparse in nature. In Currency Dimension we can add the different Currency Members which we want to assign to our Entities as base currency.  HSP_Rates dimension contains Few default members ex: HSP