Intercompany Matching Reports needs to support Parent Currency as a selection
Summary
When all parents are the same as the application currency, translation is unnecessary (consumes both time and database resources)Content
As a recommended approach to implementations we suggest all parents in a US GAAP application to use USD. This insures all currency overrides and CTA is calculated correctly. This also allows all clients to run using Parent Currency for USD for all reporting immediately post consolidation. As we cannot drive a translation post DM load, this requires secondary activity to be performed before companies can run current intercompany matching reports. Not an issue when the translations use to take 25% of the time to calculate. Currently (since Nov-20) we are experiencing not 1/4 the time, but 3x the time to
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