Global Operations | Platform
Currencies
Transaction, functional and reporting currency on every posting.
What it does
Inside Currencies.
Currency effect is measured rather than absorbed.
01
Transaction, functional and reporting currency per posting
02
Rate sources, rate types and effective dating
03
Revaluation and translation runs with full trail
04
Realised and unrealised difference reported separately
Where it sits
Part of Global Operations.
Legal Entities The group structure, with what each entity inherits. Countries and Localizations Local statutory behaviour, maintained as capability. Intercompany Both sides created together, so they agree. Consolidation Rules Ownership, translation and elimination as configuration. Statutory Formats Local reporting shapes, generated from the same postings. Party Master Everyone the group deals with, held once, whatever role they play.
Run Currencies against your books.
A working session on your structure and a month of your documents.