Changes to the entity functional currency

One of the settings for the entity parameters is the currency. The definition of the currency is required for each configuration set, version, and period. You must maintain this parameter as the configuration set-dependent. The functional currency can change over time according to the relevant GAAP.

Select Financial Consolidation > Parameterization > Parameterization Entity > Entity Currency Changes and set an appropriate rate between the old and the new currency of an entity.

Note: The rate translates all carry forwards.