I have the following setup done in Intercompany Solution:
Branch 01
Localization = USA
Local Currency = USD
System Currency = USD
Branch 02
Localization = USA
Local Currency = USD
System Currency = USD
Branch 03
Localization = UK
Local Currency = GBP
System Currency = GBP
Branch 04
Localization = Germany
Local Currency = Euro
System Currency = Euro
Head Office
Localization = USA
Local Currency = USD
System Currency = USD
Consolidation Co
Localization = USA
Local Currency = USD
System Currency = USD
I have set the consolidation to be done using the System Currency.
Will the above scenario work for:
1. Financial consolidations for financial statements?
2. Intercompany trading scenarios, distribution of costs scenarios, etc.?
J. Rupert