Forum Discussion

bsalamone's avatar
bsalamone
New Contributor II
8 months ago

Alternate Currency Translation POV in Quick Views Reporting

Hello, We have a client who has requested the ability to use the alternate translation currency property on specific parent entities but then also to be able to pull that alternate currency in repo...
Consolidation
Metadata
  • Krishna's avatar
    Krishna
    8 months ago

    bsalamone  - You are on right track.

    UD8 - UD8 Reporting members is the way to go because it reduces the consolidation time, basically you are going to translate the UD8 None (Loaded data) with FX rates.

    Auto Translate - If you enable the Auto Translate feature then you have to consolidate to get the results, but you have to have the respective Cons Member Ex EUR, GBP...

    Alternate Hierarchy - This is also another option but there is going to be lot of maintenance and still require consolidation. 

Krishna's avatar
Krishna
Valued Contributor
8 months ago

bsalamone  - You are on right track.

UD8 - UD8 Reporting members is the way to go because it reduces the consolidation time, basically you are going to translate the UD8 None (Loaded data) with FX rates.

Auto Translate - If you enable the Auto Translate feature then you have to consolidate to get the results, but you have to have the respective Cons Member Ex EUR, GBP...

Alternate Hierarchy - This is also another option but there is going to be lot of maintenance and still require consolidation.