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Diffence between Parent Currency and ****_Reporting

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edited Aug 14, 2017 7:23PM in Financial Consolidation and Close 1 comment

Summary

Diffence between Parent Currency and ****_Reporting

Content

Hi all,

I wanted to know if there is any explanation on why Parent Currency and ****_Reporting (when **** is equal to the currency of the parent entity) are not treated as one within FCCS. This is completely normal when the ****_Reporting is a currency different from the Parent Currency. However it seems a bit weird that translation needs to be executed specifically on the ****_Reporting as an additional process instead of using the already translated Parent Currency

Thanks a lot

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