Can We Translate B/S And I/S Ending Balances Using Two Different Period End Rates
Last updated on JANUARY 22, 2017
Applies to:Oracle Fusion General Ledger Cloud Service - Version 220.127.116.11.0 and later
Information in this document applies to any platform.
Is there a way to set up two different period end rates so that Assets and Liabilities ending balances are translated at one rate and Income and Expense ending balances are translated at another rate. Currently functionality appears to only allow default translation of Income and Expense accounts at a different rate using the Period Average rate. However this does not work for translating YTD balances - only PTD balances.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
Million Knowledge Articles and hundreds of Community platforms