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Journal to Reporting Currency translates to local entity currency

edited Oct 30, 2019 5:33PM in Financial Consolidation and Close 4 comments

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Trying out the new journals to reporting currency that was released in October and it seems that it takes the values and then translates it back to entity currency.  Not really sure what the point is as the need is to be able to make reporting currency adjustments only that don't impact the local currency.  Anyone else testing this and seeing the same thing? 

 

 

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