Currency translation can be one of the most confusing parts of an EPM system. The session will start with a primer on accounting translation for non-accountants and cover topics such as Local vs. Functional currency and CTA calculation. We'll then review the tools built-in to HFM to support currency translation. We’ll also discuss how more advanced capabilities such as CTA calculation and historical rate translations are typically designed into applications. We'll wrap up with a comparison of HFM translation to other EPM tools, highlighting its capabilities, strengths, and weaknesses.
Become a member of ODTUG to gain access to more than 12,500 files in our technical database.
- Not a member? Click through to the topic of interest to browse a list of available presentations.
- Already a member? Log-in here to access the full database
Click here to see the Full Techincal Resource Database