Currency Transalation Adjustment in Equity Pickup

[Robert_Jan_Bron]

Hi All,

I have implemented Equity pickup a couple of times and wonder how CTA is treated. I now have a setup of a holding and a sub, both in the same currency, not being the group currency.

EPU is set-up to pickup data from Group Currency to be able to correctly post data from other subs. Amongst others the movements are picked up from the cta on opening and movements in the equity.

My question is: How is this cta calculated back to the local currency of the holding?

As it is now, my holding has cta on an investment in it's own local currency which should not be the case i think...

[MartinJul]

Hi Robert-Jan,

In the configuration you have specified the Exchange Rate Indicator:

It will typically be 'A' as you are selecting changes in the period.

In the EPU-log file provided when executing the task you are able to see: Source Amount, Exchange Rate applied and journal entry amount. You can use this for reference and documentation for the uploaded journal entry.

Br

Martin Jul