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Translate profit and loss accounts just for an entity to a different FX rate than other entities — Cloud Customer Connect
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Translate profit and loss accounts just for an entity to a different FX rate than other entities

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edited Jul 26, 2021 7:44AM in Financial Consolidation and Close 2 comments

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Hello All,

I have e specific requirement to satisfy. Just for some new entities with currency USD, and only for profit and loss accounts, I have to translate data in Eur_reporting each month, starting from July FY21 until December FY21 (after those periods I'll use the same USD/EUR rate than others entities), to a different FX rate compared to other entities with same currency USD.

I thought to use Override Rates (I don't know if I can if it is used only for Historical Accounts...), but if I see the form I have to put a specific rate for each Movement/Data Source/Intercompany/Custom1/Custom2 intersection other than Scenario/Years/Period/Entity

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