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multiple translation scenarios

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in Financial Consolidation and Close 2 comments

Summary:

We wish to be able to restate actuals at various different FX rates for modelling purposes

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In FCCS we'd like to model our data at various different FX rates. For example, currently we have subsidiaries in various different currencies and two reporting currencies - GBP and USD.

We'd like the ability to re-state all actuals using different rates for all instances of from_currency to GBP and USD to allow us to model the impact of changes in fx rates.

Does FCCS have in built functionality to provide this or can this be achieved by creating multiple scenarios e.g. Actuals_at_Today_rate, Actuals_at_LastWeek_rates..and so on.

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