Translation rates

The Prepare Intercompany Eliminations process first back-translates reported intercompany data into the local currency of the specifying unit, using the rate set predetermined by the administrator for the selected version (if the administrator did not specify a rate set, the rate set specified on the page is used).

The resulting local value is then translated to the selected currency using the rate set specified on the page. If no value is available for the specified rate set, the value for the DefaultExchangeFactor property is used.