Namaste!
In Hyperion Financial Management, we have a common requirement to translate the data using:
However below accounts would need to translate using Historical rates. Some of these accounts are:
In this video I am going to explain how to write the business rule to achieve the translation for these accounts using Historical Translation Rates.
In Hyperion Financial Management, we have a common requirement to translate the data using:
- Average rate for Income statement accounts
- End of month rate for Balance sheet accounts
However below accounts would need to translate using Historical rates. Some of these accounts are:
- Investment in Subsidiaries
- Prior year retained earnings
- Investment in properties
In this video I am going to explain how to write the business rule to achieve the translation for these accounts using Historical Translation Rates.
I have published an Advanced courses on Hyperion Essbase, Planning and HFM on Thinkific Learning Platform. Please apply the coupon codes found on the site to avail the discounts on the courses. Please check it out if you are interested.
This is really awesome! thanks Padmaja for shairng
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KK
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