Usecase Example: Current Provision

See the example entity structure:

PeriodicP205 (parent)

  • PeriodicFLE205 (child)
  • PeriodicChildUSD (child)
  • PeriodicChildCAD (child)

Entity Structure

In this usecase example, the parent reporting currency rate equals sum of child contributions in reporting currency, even when children use different FX logic.

  • Global Assumptions FX Rates

    Global Assumptions FX Rates

    • USD -> EUR FX Rate is 1.1
    • CAD -> EUR FX Rate is 0.82
    • Global Assumptions FX Rates is 0.57.
  • Child Entity PeriodicChildCAD FX Rates

    Child Entity PeriodicChildCAD FX Rates

    PeriodicChildCAD FX rate is .35.

  • Child Entity PeriodicChildUSD Entity Currency

    Child Entity PeriodicChildUSD Entity Currency

    First child entity PeriodicChildUSD has 1000 as entity currency.

  • Child Entity PeriodicChildUSD EUR Reporting

    Child Entity PeriodicChildUSD EUR Reporting

    Above 1100 value is populated after being translated to EUR (conversion rate as 1.1 for USD).

  • Child Entity PeriodicFLE205 Entity Currency

    Child Entity PeriodicFLE205 Entity Currency

    Second child entity PeriodicChildUSD also has 1000 as entity currency.

  • Child Entity PeriodicFLE205 EUR Reporting

    Child Entity PeriodicFLE205 EUR Reporting

    Above 820 value is populated after being translated to EUR (CAD child, so follows the .82 conversion rate).

  • Child Entity PeriodicChildCAD Entity Currency

    Child Entity PeriodicChildCAD Entity Currency

    Third child entity PeriodicChildUSD has 5000 as entity currency.

  • Child Entity PeriodicChildCAD EUR Reporting

    Child Entity PeriodicChildCAD EUR Reporting

    Above 1750 value is populated after being translated to EUR (PeriodicChildCAD FX rate is .35).

  • Child Entity PeriodicChildCAD Contribute (after 50% ownership)

    Child Entity PeriodicChildCAD Contribute (after 50% ownership)

    The value 875 is after a 50% ownership of 1750 above, taking into account the rate and ownership.

  • Parent Entity PeriodicP205 Entity Currency (USD)

    Parent Entity PeriodicP205 Entity Currency (USD)

    Value for PeriodicP205 entity currency is 4607.

  • Parent Entity PeriodicP205 EUR Reporting

    Parent Entity PeriodicP205 EUR Reporting

    After conversion to EUR, it is 2795.

    So, the child contributions translated to EUR:

    • Child Entity PeriodicChildUSD → EUR = 1100
    • Child Entity PeriodicChildCAD → EUR = 820
    • Child Entity PeriodicFLE205 → EUR = 875

    Parent EUR = Sum of the children->contribution = 1100 + 820 + 875 = 2795

    This is applicable even if child translations were driven by:

    • Amount override vs periodic translation
    • Rate override
    • Per-entity FX override
    • Ownership (e.g., 50% contribution applied before summing)