How to Refresh Currency Conversion Rates During a Reconciliation Process — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

How to Refresh Currency Conversion Rates During a Reconciliation Process

Summary:

I currently have an entered CAD bucket and a USD conversion rate for the functional bucket in place. Source ending balances are refreshed daily as part of the loading process. However, adjustments do not automatically update with the current rate unless I manually interact with them—touching and saving an adjustment triggers it to refresh using the updated rate.

If the rate for the period changes after reconciliations are created, is there a way to refresh the rate for all previously made adjustments automatically?

Additionally, sub-ledger balances are manually entered. How can I trigger the conversion of these sub-ledger balances into USD using the same mechanism as adjustments, ensuring they are updated with the current rate for the period?

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!