Examples of Balance Initialization Conversion

This table describes different scenarios of entered currency amount balances, historical rate definitions, and whether initialization rates are required to convert the balances to the ledger currency of the target ledger.

Scenario Historical Rates Defined? Initialization Rates Required?
The currency of the entered amount balances in the source ledger is the same as the ledger currency of the target ledger. N/A N/A
The currency of the entered amount balances in the source ledger is different from the ledger currency of the target ledger. N/A Yes
The currency of the entered amount balances in the source ledger is the same as the source ledger currency and is different from the target ledger currency. Yes Yes, for those currencies, accounts, and periods without historical rates.