We'd love to hear from you! Provide  feedback  to earn a badge today. Take our quick survey
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

FCCS: Translation outside of the FCCS_ClosingBalance hierarchy query

Accepted answer
edited Jul 6, 2020 11:11AM in Financial Consolidation and Close 7 comments


Hi community, 
We have a query about the following scenario: 
We have created some accounts and some movements outside of the main hierarchies for the consolicatio, so we have these elements separated for our Reporting Package.
We want these members do a translation from source currency ( CHF)  to EUR_Reporting.
1. data introduced in new account outside the hierarchy "TEST1" with movement "MOV1", there is no conversion which happen at the EUR_reporting. 
2. If however, we move the movement "MOV1" inside the hierarchy "FCCS_ClosingBalance" then yes, the conversion does happen.
QUESTION: Is it necessary to create a movement inside the hierarchy "

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!