Forum Discussion

Nikpowar97's avatar
Nikpowar97
Contributor
2 years ago

Custom FX Translation Not working for Rate type Periodic

I am trying to run a Custom FX translation rule on run a set of Account @HistoricalRate with Periodic Rule type. The function seems to be working fine for the direct Rule type but does not seems to ...
Finance
KarlT's avatar
KarlT
Icon for OneStream Employee rankOneStream Employee
2 years ago

In what way is it not working?

Nikpowar97's avatar
Nikpowar97
Contributor
2 years ago

I expect at Rule type Periodic, the translated value = Prior period Translated value + YTD change from period period * Translation Rate. which does not seem to be working.

however the for the Direct Rule type, the translated value = Current YTD Local value * Translation Rate . which works as expected.