The translated values in one company are using Account Ending Balances to apply the exchange rate for translation.
Is it possible to apply the exchange rate to the Period Turnover amounts, rather than end balance?
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Basis of currency translation calculations
Best answer by Laura02
Hello,
Yes, it is possible to apply the exchange rate to the Period Turnover amounts rather than ending balance. It is the Translation Definition screen that holds the choice. You would need to redefine your translation definition or create a new one for the entity that needs to use PTD Balance (“Period Turnover”).
+19Hello,
Yes, it is possible to apply the exchange rate to the Period Turnover amounts rather than ending balance. It is the Translation Definition screen that holds the choice. You would need to redefine your translation definition or create a new one for the entity that needs to use PTD Balance (“Period Turnover”).
Laura ~ Klear Systems, Inc. Irvine, CA. ~ Click my logo to Follow me ~
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