Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

How to apply different FX rates for asset and liability accounts in FCCS Translation

edited Jun 13, 2021 3:20PM in Financial Consolidation and Close 2 comments

Content

My client has a practice to translate asset account balances at FX buying rate and liability account balances at FX selling rate. However, in FCCS we only have Ending Rate as default for Balance Sheet account balances. 

I have tried with Override Translation, but it seems not work. So how can I achieve this.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!