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What is the cumulative translation adjustment account of the Specify ledger options UI used for?

in General Ledger & Intercompany 1 comment

Summary:

Is translation reserve calculated in Oracle Fusion during balance translation?

Content (please ensure you mask any confidential information):

We are trying to figure out if translation reserve is calculated in Oracle Fusion during balance translation? And if this is the case, is setting the cumulative translation adjustment account in Specify ledger options the only setup involved.

Version (include the version you are using, if applicable):

24C


Code Snippet (add any code snippets that support your topic, if applicable):

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