Acquisition journals

Acquisition journals enable you to post a specific currency value that does not get translated during the consolidation process. For example, you can use an acquisition journal to record an investment where you want to keep the currency value.

Before you can post an acquisition journal against a schedule line, the schedule line must first be defined.

In the Members in Hierarchy page, select the member you want to define as an acquisition type.
From the Balanced list, select N or Y. For acquisition lines (Q), this must be set to N.
From the Formula Type list, select one:
- Q Acquisition
- D Data Entry
Though formula lines can be used in acquisition journals, you cannot select F Formula from the Formula Type list. To specify a formula line in an acquisition journal, open Formula Builder, then select Formula as the line type.
If the formula type is Q Acquisition, then from the Rate list, select Historical Rate method.
Select the Currency dimension, then click the Properties tab.
Select Local and verify that Required for Acquisition is set to Y.
Select any additional required currencies as needed for the application.

This completes the basic set up for acquisition journals. Acquisition journals are created in CPM Workstation. See the CPM Workstation documentation for further information.

The Acquisition formula type can only be defined on BA, BL, BE, or BS account types. In addition, the Acquisition formula type cannot be contained within a beginning balance of opening balance line because of the pull-forward nature of the journal.

If you need acquisition journals to balance and to be posted to lines that are part of a Beginning Balance or Opening Balance suite, use data or formula lines. Unlike acquisition lines, data booked against a data or formula line does not pull forward into future periods.