FCCS Translation method

Summary

How to set up different Translation method for Balance sheet and Income Statement Accounts in FCCS?

Content

Hi All,

We have a multi currency FCCS application. We have a requirement that Balance sheet accounts in that FCCS application should be translated using the "YTD translation method" and Income statement accounts should be translated using the periodic method. Initially when we created the application , we used the default translation settings for Flow accounts - Periodic translation using FX average rates. Our translation for Income statement works fine but it does not work for Balance sheet accounts. In order to change the Balance sheet accounts translation method to YTD, I changed all the time balance properties of Balance sheet accounts to