Consolidation Setting for Translation Rules

A new Consolidation Setting called Skip Translation Rules if Entity Currency Equals Parent Currency is now available for multiple-currency applications. When you enable this setting, the translation-based configurable calculation (insertion) rules are skipped during the translation process for those Entities whose Base Currency property matches their Parent’s Base Currency property. The rules include:

  • FCCS_25_Before Foreign Exchange (FX) Calculations
  • FCCS_30_After Opening Balance Carry Forward
  • FCCS_40_Final_Calculations

By default, the Consolidation Setting is not enabled.

Business Benefit: This consolidation setting enables you to decide whether to skip these calculation rules, which improves overall Consolidation performance, in addition to making the translation process more efficient.

Key Resources