Discussions
Processing HTP omits Revaluation, Allocation, etc.
After processing HTP for Multi-Book implementation, I noticed that there are transactions like currency revaluations that are missed out and causing difference between the primary and secondary book balances.
Please correct me if I'm wrong but these transactions will have to be processed thru Closing Tasks, which means I'll have to reopen all periods after Effective Date,
That being so, what are other transactions I have to take note of and process after HTP? These are what I have observed so far:
- Revaluation
- Allocation