Consolidated Rate Change Detail
When the General Rate Type for an account is Current, a separate line displays the adjustment due to changes in the consolidated exchange rate between periods. This detail page shows how the adjustment is calculated. For information about rate types, see Consolidated Exchange Rate Types.
This detail page is not provided for Historical Consolidated Balances Journals. The rate change is part of the overall calculation for Historical Consolidated Balances Journals.
All period end journal detail pages include the following fields in their headers, which are described in the topic Period End Journal Header Fields. The values for these fields are derived from the period end journal.
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Accounting Book (only when the Multi-Book Accounting feature is enabled)
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Subsidiary
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Source Subsidiary
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Posting Period.
The fields on the Consolidated Rate Change Detail page are as follows:
|
Field |
Description |
|---|---|
|
Source Currency |
This field displays the base currency of the Source Subsidiary. |
|
Beginning Balance |
The fields include Debit, Credit, and Exchange Rate (current consolidated exchange rate between Subsidiary and Source Subsidiary as of the end of the prior period). The Debit or Credit amount is the account balance at the end of the prior period in the Source Currency multiplied by the Exchange Rate to translate the amount to the Currency. |
|
Ending Balance |
The fields include Debit, Credit, and Exchange Rate (current consolidated exchange rate between Subsidiary and Source Subsidiary at the end of the current period). The Debit or Credit amount is the account balance at the end of the prior period in the Source Currency multiplied by the Exchange Rate to translate the amount to the Currency. |
|
Total Amount |
The fields include Debit, Credit, and Currency (Subsidiary base currency). The Debit or Credit amount is the Ending Balance amount minus the Beginning Balance amount represented as a debit or credit. |