In our fourth installment on Multi-Currency we discuss financial reporting translations.

Agenda: 

Setup 

  • Enable Translation of Financial Statements
  • Enter Translation Gain/Loss Accounts
  • Create Translation Ledger
  • Rate Type
  • Currency Rates
  • Create Translation Definitions  

Processing Translations 

  • Prepare Translation
  • Create Translation
  • Release Translation
  • View Ledger

 

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