Check out Oracle NetSuite upcoming events and conferences here
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Don't miss out on our Pop Quiz #1, Pop Quiz #2, Pop Quiz #3, Pop Quiz #4 You only have until May 24, 2024, 5:00 PM EST to comment your answers and earn rewards! Click here for more details.
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
Community Poll: What sort of content would you like to see more of?

Cumulative Translation Adjustment audit report

Hi There

I have the following scenario:

I have A GL account (10900) that is used for facilitating bank transfers. The account is denominated in $NZD.

One subsidiary (Subsidiary A) has a functional currency of $AUD. The other subsidiary (Subsidiary N) uses a currency of NZD as its functional currency.

Both of these entities are child subsidiaries of Subsidiary P (subsidiary P has a reporting and functional currency of $AUD). This is what the structure would look like:

The CTA audit report shows the following before the month end close process is run

The blue square represents the 10900 account in subsidiary N.

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!


Community Whiz

Quarter 2 ((Apr-Jun 2024) )

This Week's Leaders

This Month's Leaders

All Time Leaders