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Pillar Two Currency Conversion

in Tax Reporting (Direct Tax) 6 comments

Summary:

I have a question regarding the currency conversion in Pillar Two. I have run the rule 'Translate From Pillar Two Currency To Reporting Currency' however when I select the Reporting Currency in the Pillar Two Globe Income and Covered Tax forms the converted values are not displayed. The POV uses the Pillar Two jurisdiction. When I switch back to the main TRCS Jurisdiction under Total National and Regional hierarchy the converted values are displayed.

For example I have a entity SB2002 which is configured as a Pillar Two Entity.

SB2002 is mapped to the new Pillar Two Jurisdiction 'Ireland EUR' using the Pillar Two Jurisdiction Automation rule.

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