Can the Cumulative Translation Adjustment (CTA) be Changed in a Reporting Set of Books? (Doc ID 455269.1)

Goal

In respect of changing the Translation Adjustment Account, Please see the below paragaraph taken from Multiple Reporting Currency (MRC) User's Guide...

MRC automatically converts the primary set of books revaluation journal entries, balanced by balancing segment and cost center segments, to the reporting set of books. In the reporting set of books, instead of exactly replicating each line of the revaluation journal from the primary set of books, the revaluation journal is modified to consist of the unrealized gain/loss journal lines from the original revaluation journal, with offsetting lines against the cumulative adjustment account. The offsetting cumulative adjustment accounts (journal lines) are also balanced by balancing and cost center segments.

In normal circumstances, this account can be change after purging all translated balances and then make the change. Can this be done in MRC? Does it need to be changed in both the primary and reporting or just the reporting?

Solution

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