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Choosing a Movement for posting CTA Adjustments

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edited Oct 5, 2020 6:03PM in Financial Consolidation and Close 5 comments

Summary

Which movement to use when posting CTA adjustments

Content

When booking journals to CTA_Adjustment (an account I created, see below), should the movement "FCCS_Mvmts_FX_to_CTA" be selected? Are there any restrictions on this member?

Another option would be to add a member "Mvmt_FX" under FCCS_Mvmts_AdjustmentsToNetIncome and book CTA adjustments there.

What are the best practices/ considerations here?

Thank you!

Sloan

 

I've created an adjustment CTA member and added a parent to CTA as follows:

Total_CTA

CTA_Adjustment

FCCS_CTA

 

Version

20.09.66

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