Translate more than one set of balances?
We are upgrading to R12. We have multiple subsidiaries and are looking for ways to streamline the close process. I know consolidation sets can be defined, which allow running multiple consolidations at once. Is something similar available for FX translation? Could a process be set up to translate GBP balances to USD, EUR balances to USD, etc or do these processes still need to be run individually?
Thank you.
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