Translation converts values from one currency to another. You can translate data from the entity's input currency to any other currency that has been defined in the application. Currencies are not associated with a parent-child entity pair, so you can translate data on demand, separately from the consolidation process.
Launching translation runs the default translation rules for the specified scenario, year, period, entity, and value. As a part of the process, translation rules for all prior time periods within the same year are also run, if translation for those periods is required (TR status). Because translation rules do not cause dependent entities to be consolidated, they do not remove the status that indicates that a cell needs consolidation (CN status). Even if the data for the entity's default currency is not current, translation uses that data to derive the input accounts for the specified currency (Value dimension). Subsequently, the translation rules automatically invoke calculation so that the calculated accounts are populated for the specified currency.
You translate data from data grids and also translate data from the Process Control panel on the Web.
After you translate data, the Translate Data menu command is disabled. If you load new data, the Translate Data menu option is reenabled. If the Translate Data menu option is not enabled, you can use the Force Translate menu command.
To translate data: