How to check "Switch Type For Flow" in HFM Rules
Hi,
This is a query from our user.
HFM has an attribute that can be assigned for custom dimension members called “switch type for flow” so that (for example) balance sheet movements can be translated using average rates – depreciation and impairment charges are good examples where this is appropriate – while opening and closing balances are translated at spot rates.
The problem with applying this to our application is that our manual data input translation is driven by rules rather than the default method. Currently, the choice to use average or spot rates is driven solely by the account type (asset, liability, revenue or expense).