Business rule ..currency translation..

[Former Member]

In the currency translation business rule formula..what is AS-IS-1 refers to.

I understand AS-IS means historical rate.., but what is AS-IS -1 ?

What is the meaning of formula like...END u2013 AVG in business rule? Where it is used?

I have enough documents, links..appreciate your replies...

[former_member1192543 · Accepted solution]

Hi Manilyer,

I dont know about AS-IS-1???but when it comes to END-AVG...there will some accounts in any consolidation like RESERVES,SHARECAPITAL which will be calculated at END and AVG rate means....

Lets take..Company "A" bought a 70% share in the Company "B" at a ratei.e AVG rate but when we are doing consolidation of accounts at Year end i.e "END" rate..then there will be diffrence in their consolidation..this called "FCTR" calculation...this is what END-AVG..and it will happen only few account's..

Hope you got my information...

Regards,

Naresh.K