Translating All Scenarios

Default—This is recommended, as it is ideal for processing entities with multiple scenarios. Input assumptions stored in the Base scenario are global to all scenarios in an entity. Only scenario-specific accounts are stored specific scenarios. When Currency Translator translates all scenarios:

  1. The Currency Translator calculates an output for each scenario.

  2. It solves the input for each scenario.

  3. If an account exists only in the Base scenario, the Currency Translator compares the inputs of all other scenarios against the Base scenario. If the values are the same, it leaves the values in the Base scenario. If the values are different, it adds the account to the other scenario.

For example, you have a consolidation structure with a child entity in Yen and the parent in dollars. If you translate one scenario and a scenario-specific account in the Yen-based entity requires an account in the base scenario, Consolidator copies that account from the base scenario of the Yen—based entity and rolls it into the parent to calculate translated values in the consolidation run.

  To specify all scenarios for currency translation:

  1. Open a consolidation containing multiple currencies.

  2. In Chart View or Tree View, select child entities containing different currencies, select Open Entity, and then Check Out.

  3. Select Analysis, then Currency Translator, and then Translate All Scenarios .

    Default: recommended. If not selected, the Consolidator uses the current scenario—see Translating an Individual Scenario.

  4. Save and close the entity.

  5. Repeat this task for all entities in different currencies from the consolidation parent before running the consolidation.