Reporting across multiple currencies by pay group

To assist with reporting requirements, pay groups can now be associated with a currency and a currency conversion group. Conversion rates are stored so that all rates can be formulated into a standard currency in reporting. Using the exchange rates stored in the system, you can report cost across multiple countries in a standard currency. The update to the Cognos data model now provides currency support.

For more information on this feature in Cognos Analytics reporting, see the Infor Workforce Management User and Administration Library (Multi-tenant) and select User > Reporting.

For configuration details for this feature in the WFM application, see these sections:

• See the Infor Workforce Management User and Administration Library (Multi-tenant) and select Administrator > Time and Attendance > Payroll Settings.
• See the Infor Workforce Management User and Administration Library (On-premises and Single-tenant) and select Administrator > Application Configuration > Locale-based configuration for key system settings in WFM.

  This section details information on configuring a locale. You can specify the currency to be used in reporting. For example, German users can generate reports in the Euro currency.