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Forum Discussion
mfbradford
2 years agoNew Contributor
Zeroing-out a local Euro Entity, still has USD amounts in RE that need to also zero-out.
Wondering how we can zero-out the translated FX noise in a local (Euro) base entity that has the accumulated FX noise showing up in USD after the entity has all of its local currency balances zeroed ...
Henning
OneStream Employee
2 years agoHi,
Ideally, one takes time to post the offsets and checks the translation rules to align all of this so this also balances out after the translation. I do recognize that this takes time and costs money. One of the other approaches for you may be test setting the percent consolidation of that entity to 0% from a certain month onward as this setting can vary by time.
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