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Frx historical rates - purpose of amount checking

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Posted on by Community Member Microsoft Employee

I've inherited the support of several Frx financial statements where the CCHIST currency conversion code is being used for Retained Earnings, specifically. Through some troubleshooting we've figured out how we need to enter the activity in the Amount column in the Currency Translation Maintenance window so that the amounts summed match the balance of the account as pulled from the GL.

What I can't figure out is the value of doing this, and I'm hoping someone out there might have a good example of why we would want to leave this control turned on before we just turn it off. Any help is greatly appreciated - thanks!

Andy

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