Monetary Account in JDE
Hi Team
My understanding is that Monetary Account Valuation works for accounts that are denominated in a currency other than the functional currency of the entity and re-translates them at month end rate at the end of each month. For intercompany accounts, you cannot denominate those accounts in a specific currency.
So for balances going through the auto intercompany accounts originally posted centrally in USD, is there a way to pick those up in Monetary Account Valuation?
Let me know if further details are needed.