Running a currency or full consolidation

To run a currency or full consolidation:

  1. Open the Consolidate page.
  2. Follow the steps under "Running the consolidation pages".
  • For intercompany data, a consolidation first back-translates the reported data into the local currency of the affiliated unit, using the rate set predetermined by the administrator for the selected version (if none, then the rate set selected on the page is used).
  • Local values are forward-translated into the selected currency using the rate set specified on the page.
  • A consolidation uses the rate set value set for the DefaultExchangeFactor property during forward-translation if there is no value specified for the rate set selected on the page.