Question on running Translation for the first time in the middle of the year.
Did a conversion to a local SOB and want to
run translation for the first time. We are live as of Sep-10. Want
to create opening balance for translation so ran translation in Aug-10. We converted PTD activity into every period
for he fiscal year 2010.
The Revenue and Expense rule used is PTD which should take PTD times period end rate.
Now this may have been a bad approach since we have PTD activity in all periods prior to Sep-10 go live. However, it appears that it calculated a translated amount based on YTD activity not PTD, which saves us but we need to know if the PTD rule has code built into it to take YTD times period end rate if this is the first period run.
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