Understanding Computations for Balance Restatement

Before you restate a company currency to another currency, you must set up computations that are used by the balance restatement program. These computations include:

• Company.

• Ranges of accounts.

• Destination currency.

• Source and destination ledger types.

When setting up computations, consider that:

• You can set up more than one computation for a company.

  For example, you might have more than one computation if you perform what if analysis using different ledger types.

• You can set up a computation to override the source ledger type for a range of accounts.

  This is especially useful if a range of accounts was previously restated into a particular ledger and you want to move or restate the amounts from that ledger to another ledger.

• You can set up a computation to restate amounts from up to three source ledgers into one destination ledger, which is called the consolidation ledger (AC).

  The source ledgers must be in the same currency.

This information is stored in the Company Conversions Parameter File table (F1114).