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FX translation for Reporting Currency

Hi All,

Need assistance in posting a journal to eliminate the difference.

I tried posting a journal using reporting currency (ZAR) to eliminate the difference, but it's not going through.

The translation should be periodic.

Anyone have any idea what I'm missing?

Best answer by Qiniso

Thanks I did. Turns out I had to Force Consolidate allowing data entered to consolidate into the reporting currency.

I suggest checking the results of your journal in a cube view or quick view rather than in the IC matching report.

QinisoAuthorAnswer

Thanks I did. Turns out I had to Force Consolidate allowing data entered to consolidate into the reporting currency.

Did you check, if the IC matching definition includes adjustments?

A limitation of the IC matching report is that it doesn't list adjustments that have no data in local currency.

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