How do you present Currency Translation into an FX rate other than the reporting Currency assigned?

Answer

• Dynamic calculations on UD8 members can be used to display alternate currency…however, this is for reporting display only.
• These would not account for special calculations, such as Flow calculations on equity members, as an example.
• In order to produce varying FX translation amounts throughout the consolidation member, you’ll need to create an alternate entity hierarchy for the required Currency reporting translation to occur.