Opening Balance Adjustment not getting Translated
I have uploaded opening balance adjustment data in PPE account for FY21-Mar as 1,000,000 USD.
However opening balance adjustment is not getting translated by default.(FROM USD to EUR).
All the rates are there in the system for FY20-Dec and FY21-Mar and system is translating all the movement and closing balances correctly.
However Opening balance adjustment gets translated when there is a translation override written for the same.
Is there any additional step that needs to be done to translate opening balance as per built-in as below -
The Opening Balance Adjustment is translated at the same effective rate as the Closing Balance from which the Opening Balance is carried forward. The Closing Balance for Historical accounts is effectively a weighted average of the rates applied to all of the past movements.