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YEAR-TO-DATE FX VARIANCE TRANSLATION CALCULATIONS

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edited May 3, 2022 11:18AM in Financial Consolidation and Close 3 comments

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I enabled the new feature for FX variance calculation to YTD. I just re-performed the consolidations from January of the current year, ignoring the previous years and periods because locked.

On Parent Currency, FCCS calculates well the FX_Opening and FX_Movement for all the BS accounts, but I notice inconsistence data for the account FCCS_CICTA -> FCCS_Mvmts_FX_to_CICTA, I'm not able to reconcile. As a result, I have a difference between total assets and total liabilities and equity, difference that I don't have on Entity Currency.

Could be due this issue to the fact I did not recalculate all from the starting year of the app?

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