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Opening Retained Earnings balances in USD

edited Dec 22, 2017 3:04PM in Financial Consolidation and Close 4 comments

Summary

How do you get the initial USD opening Retained earnings balances correct?

Content

I do not see any way to get the initial retained earnings balances correct in USD.  We are loading life-to-date balances in December and have local currency correct, but the USD balances in retained earnings need to be based off the life-to-date blended FX rates.  In HFM, I always just created an opening balance USD override account to get it correct.  The FCCS application does not have a USD override account in it.

How do I get the opening USD balances correct?

Thanks!

Nancy

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