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FCCS: Translation outside of the FCCS_ClosingBalance hierarchy query

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

Content

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 "
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