Hello Bhagyashree Shahade,
Thank you for posting on the MIcrosoft Dynamics Business Central and NAV Forum.
You may re-consolidate the same monthly period and the system will overwrite the original consolidation by setting to zero the original consolidation value and consolidate using the new values for the period.
When a client is completing a consolidation of foreign currency subsidiaries, the client needs to make sure to validate the correct Exchange Rates on the Business Unit Card for Average Rate, Closing Rate, and Last Closing Rate. In particular, the Last Closing Rate must be set to the Closing Rate used for the prior month consolidation. Otherwise, the Consolidation Closing Rate adjustment will not be calculated. A key factor here to note is that once a consolidation completes for a Business Unit using a Currency Code, the system will automatically update and overwrite the Last Closing Rate to the Closing Rate used for that period. If a reconsolidation is completed, this requires that the Last Closting Rate be reset back to the Closing Rate used for the prior period.
Thank you again for your posting.
Best Regards
Tom
