Translate Closing Balance at avg current rate where no movement
Summary:
Is it possible to translate the closing balance of an account at the current FX average rate when there is no movement
Content (required):
Hello brains trust, I have a historical equity account that is carried forward each year but l want to translate the entity currency value to AUD for the current period at the current period average rate. I have tried a translation override but it seems to just carry the balance forward and doesn't "re-translate". I do not want to use the historical amount override because we have so many periods we are loading (I know that's not ideal but client insists). Is there something else l can do to make it work like the following please?