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Hi,1 person found this helpful
changing the reporting currency has realy quite an impact. So the biggest recommendation would always be to use a test-system first :-)
I think, that you mentioned most of the items.
- yes, reconsolidate, because all [Parent], [Proportion], [Elim], [Contrib] items will be los
- all journals on other elements than <Entity Curr Adjs> --> thats important! Even if you change back the currency to the original one will not enable the journals again!
- P-Mgmt --> if you change the reporting currency of an entity, you cannot change the P-Management if it is different than "not started". So you should reject all periods, where the P-Management of that entity was started. (there, if you miss one, you can load MD with the old currency and it will work again).
- please also consider if you have somewhere historic rates which you might need to adjust as well.