FA configuration for Reporting books (MRC)

FA gurus,

We are working on creating reporting currency ledgers for our primary ledgers in R12.1.2. The purpose of creating reporting currencies is to maintain USD version of all entities for translation. We want to acheive detailed translated amounts in each account.

For FA subledger, the depreciation amounts for reporting currencies seem to be converted always at the historic amount (when going from primary ledger to reporting currency). Is there a configuration that we can update to ensure that the depreciation amount is converted at the current month rate so that the numbers are in compliance with FAS52 requirements for translations?