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Unexpected difference on YTD FX Variance Translation Calculation

Received Response
edited Apr 6, 2023 1:54PM in Financial Consolidation and Close 5 comments


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I activated the YTD FX Variance Translation Calculation and performed consolidation and translation but I notice inconsistent data between base entity and parent entity on the reporting currency.

Let me show the results between a parent entity (USA) where Parent Currency and Reporting Currency is the same. Values for FX opening and FX movement are calculated on YTD translation calculation.

Instead, in base entity (USA_02) the Reporting Currency data is different for FX Opening and FX Movement versus the parent entity. It seems the Reporting Currency FX is calculated as periodic on the base entity.

It is very strange, and I have this behavior for all the accounts. Do you know about some bug related to?

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