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How to determine exchange rate when running consolidation

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Posted on by kevin.sl

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Hi All,

How to determine exchange rate when running function of consolidation?

Example : Exchange rate as of December 2021 is $1 = IDR 14,500.00

There is Company Consolidation for consolidate Company A & B. Local currency company A&B is IDR and local currency of Company Consolidation is USD.

When i run function of consolidation in July 2022 for period January-December 2021, and when consolidation complete the exchange rate taken is the rate in July 2022.

How to get the exchange rate in December 2021 for this consolidation?

Thankyou in advance.

Kevin

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Andy Sather Microsoft Employee on at

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Hello,

If you don't get further responses to this issue, you may want to raise a support request to Microsoft support via your CSP / Partner.

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IB-29041624-0 1,189 Moderator on at

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Please have a look at this documentation:

docs.microsoft.com/.../finance-consolidated-company-reporting-setup

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