Fusion Consolidation_Challenges_need suggestion
Summary:
Fusion Consolidation_Challenges_need suggestion
Content (please ensure you mask any confidential information):
Business operates across the world and created 20+ ledgers in the system. We have created 19 Reporting currency and translating all 19 ledger balances to corporate currency i.e., INR. Business is facing lot of challenges and consuming more time while performing translations.
Steps:
Step 1: Submit the job “Translate General Ledger Account Balances” currency wise like INR. System picks all ledgers associated with INR currency and translate balances in single go to save the timings.
Step 2: Transfer Ledger Balances to Consolidation Ledger (consumes lot of time as business needs to submit the job one by one for each ledger 19 times)