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Procedure to setup Transactions of the period at month end rate

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Client wants to use Closing rate for specific accounts with translation stated as "Transactions of the period at month end rate of that period". Its a bit different from using default closing rate.

Content (required):

Step1: stated the account as Balance and rate as Ending rate, since default Flow and no rate is taking periodic

Step2: Used Translation Override and create a specific rule for the account to calculate on YTD

Step3: Updated FCCS_10_After Opening Balance Carry Forward_LocalCurrency

Step4: Updated FCCS_40_Final Calculations_Translated

With the above steps, i got the answer required. But is this the correct approach?

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