You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Translation Issue

Received Response
22
Views
2
Comments

Summary:


Kindly note that we are trying to submit a journal entry for different entities with different currencies using a common input currency which is CHF.

The journal is made for one BS account and one PL account the FCCS uses the closing rate to translate both BS and PL accounts from CHF_Input currency to entity currency however, it is supposed to use the closing rate to translate the BS account only and use an average rate for PL account.

Then the FCCS will use the closing rate for BS and the average rate for PL accounts to translate back from the entity currency to the CHF_Reporting currency that caused an issue which is the amount translated on CHF_Reporting currency for PL accounts different from the amount entered CHF_Input currency.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!