Forum Discussion

mfbradford's avatar
mfbradford
New Contributor
2 years ago

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 ...
Data Management
Transformation
Richard_Mayo's avatar
Richard_Mayo
New Contributor III
2 years ago

Hi Mike,

Thanks for the response, sounds good. If you get a moment could you explain how you post a USD (or I guess any foreign currency) override please? I was under the impression we could only load into an entity's local currency so perhaps your way of dealing with the problem would have been easier than mine! (ie. I had previously thought that numbers only appear in foreign currencies via either standard translation logic or where a member formula/BR posts to a foreign currency, hence why I dealt with this via a flow formula).

I'm not familiar with the process of posting an override as you described, so would be very interested to learn about how you do that.

Thanks,
Richard