How to adjust the asset amount after the conversion rate has changed
Summary:
How to adjust the asset amount for the tax book linked to the secondary ledger after the conversion rate has changed, so that it is calculated with the new rate?
Content (please ensure you mask any confidential information):
Hello, I would like to inquire about the possibility of adjusting the asset amount in the tax book associated with the secondary ledger to reflect the new conversion rate. The accounting is still in draft. We have incorrect amounts for our assets in the tax book linked to the secondary ledger (the only difference from the primary ledger is the currency - USD). The incorrect amounts are due to historical daily rates. Although we have updated the rates in the daily rates, the assets are already posted in the tax book with the old exchange rates. Is it possible to