Configuring version translation

Use the Configure Version Translation tab to configure the translation methods and currency version to automatically translate version data. This is a required configuration. Versions come from the Total Versions hierarchy. All leaf members of the Sum Actuals hierarchy are automatically included. All budget versions that are activated in the configuration set are included. Forecast versions are included after they are created by the Create Forecast operation and the currency version is automatically associated with the Forecast version. This association cannot be changed.

  1. Click the Home icon.
  2. Select Global Settings > Currency Exchange > Currency Configuration.
  3. Click the Configure Version Translation tab.
  4. In the Translation Method column, select a translation method.
    The default for actual leaf members is Method 1. The default for budget, forecast, and currency analysis leaf members is Method 2.
  5. In the Currency Rate Set column, select an exchange rate version.
    The options are active leaf versions from actual, budget, and, for applications that are based on Designer, leaf members from the Currency_Analysis hierarchy. The currency exchange rates that are held in the associated version are used to translate the data values.