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Does ARCS Support Translation?

Received Response
edited Mar 3, 2021 9:23AM in Account Reconciliation 7 comments


Reconciling Translated Balances


My client has its headquarter based in US and has branches across the globe (in Europe etc). They want to reconcille balance sheet accounts both in USD and local currency (e.g. EUR). Primary ledgers exist in Oracle Fusion for these countries (US, France etc). 

I can get a/c balances from US and France ledger in ARCS in its local currency (i.e. USD and EUR). And these balances can be reconcilled in ARCS. After I get a/c balances in local currency , can EUR balance be translated into US and then reconcilled. If yes, how to achieve this. As I can't see any functionality in ARCS to perform transalation.

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