Group Reporting changing currency translation method into the new fiscal year

[bhagyesh_ravange]

Hi Experts,

Our client has below requirement and I would need some clarification on that.

Current Scenario:

LC values are coming from S/4 to Group reporting.

Currency translation is happening for Profit & Loss accounts and Balance sheet accounts in Group reporting.

Future Scenario:

LC & GC values has to come from S/4 to Group reporting.

Currency translation should be as below for P&L and Balance sheet accounts:

P&L: Keep the S/4 values as it is

B/S: Perform currency translation and calculate CTA.

My question is will the Future scenario configuration will be difficult to achieve?

[former_member623610]

Hello Bhagyesh,

The CTA is calculated based on the difference between Reference Rate - Specific Rate.

The specific rate is defined on the translation sequence level in the method. Therefore, for P&L you can use CT key 6 and keep FS item account assignment empty. This way, CTA will be calculated out of P&L items but it will be posted on the triggering account. Therefore, GC will be kept as reported.

Best regards
Mazen