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FAQ on Translation of Balances (Doc ID 2381703.1)

Last updated on SEPTEMBER 11, 2020

Applies to:

Oracle Fusion General Ledger - Version 11.1.9.2.0 and later
Oracle Fusion General Ledger Cloud Service - Version 11.1.9.2.0 and later
Information in this document applies to any platform.

Purpose

The Translate General Ledger Account Balances process restates actual account balances from a ledger currency to a reporting currency. Submit the process after you have completed all journal activity for an accounting period and after finalizing translation rates.

This document provides answers to frequently asked questions on the functionality of translating account balances and the Translate General Ledger Account Balances process.

Questions and Answers

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In this Document
Purpose
Questions and Answers
 1. How to know what translation method is being used when Translation is run?
 2. See an unexpected translated balance. How to verify translation is calculated correctly?
 3. How to find the period average and period end rates used by the Translation process?
 4. What happens if a historical rate or amount is defined for an account that is being translated? Which rate is used?
 5. What is the best way to get the information about the ledger currency balances to verify the results of Translation?
 6. Can the Translation process be run more than once in the same period?
 7. How is the cumulative translated adjustment account (CTA) balance calculated?
 8. How is the Translation of the Retained Earnings Account calculated?
 9. Provide an example of Translation Using Period End and Historical Rates

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