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FCCS - Change in Base Currency of an Entity

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edited Nov 18, 2020 3:27AM in Financial Consolidation and Close 4 comments

Summary

Change in Base Currency of an Entity

Content

If there is a change in the base currency of an entity during the year, what would be the best method to incorporate that in FCCS? 

Trial balances are already loaded for the old currency for the previous periods. The change in currency should be applicable from a specific period onwards.

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