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FCCS reversal amounts in future periods

in Financial Consolidation and Close

Summary:

Hello,

Please can you explain to me the logic involved in FCCS determining whether an adjustment is a reversal or not?

We have seen adjustments in Mar being translated at the Jan rate because FCCS has determined that the adjustment in Mar is a reversal on the entry made in Jan therefore it uses the same rate.

How does FCCS know to translate the adjustment made in Mar at the Jan rate so that both entries are using the same rate?

Thanks,
Billy

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