Translated Currency Input Journals
Summary:
Can you create journals in USD at an entity who's parent is not USD and have the journal eventually be included in the first USD parent encountered?
Content (required):
We have a situation where the entity hierarchy is as follows (there are more base entities but keeping it simple)
USD entity
AUD Parent Entity 1
AUD Parent Entity 2
AUD Base Entity 1
Can we create a USD Journal for the AUD Base Entity 1 that will reflect as part of of the USD_Reporting balances for any of the entities and part of Parent Currency for AUD Parent Entity 1.
We've created a journal like this but it does not appear that the balances are not translating to USD_Reporting and we don't see the balance at Parent Currency for the top AUD Parent Entity 1.