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Translation of Trial Balance data - Account Settings

Received Response
edited Oct 17, 2017 12:43AM in Tax Reporting 6 comments


Translation of Trail Balance data loaded to Movement TRCS_TBClosing can be calculated at Average and Ending FX rates but where is the foreign currency translation reserve defined?


In testing translation in TRCS I can confirm that translation of balances in the Tax Package and TAR schedules works as expected with correct application of FX rates for Opening balances, Movements and Closing balances under IFRS.

However I can't find where to set the foreign currency translation reserve for Trial Balance data loaded below Accounts FCCS_Income Statement and FCCS_Balance Sheet in Movement TRCS_TBClosing. In my testing, income items are translated at Average Rates and Balance Sheet closing at Ending rates with some historical values in Equity.

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