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Former Member
Apr 05, 2014 at 06:50 PM

Intercompany Currencies

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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