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Option to Load and Report Two Currency to One Entity for Consolidation & Reporting

edited Mar 15, 2021 6:09AM in Financial Consolidation and Close 2 comments

Summary

Option to Load and Report Two Currency to One Entity for Consolidation & Reporting

Content

Have anyone encountered the current issue to load and report two currency to one entity for consolidation & reporting?

I have a customer has the following ask. They have a CAD Entity (CAD Children) sit under a USD Parent. The USD Parent (USD Parent) will need to consolidate again to Total CAD Consolidated Parent (CAD Top Parent).

CAD Top Parent

+---- USD Parent

        +---- CAD Children

- For consolidation purposes, CAD need to be loaded/used from ERP for CAD Children. It will have consolidation from CAD->USD->CAD, so the CAD amount will stay the same when consolidated to CAD Top Parent

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