How to Use Interim Currencies

Set up interim currencies to report on additional currencies other than your local and common currencies. To do so, refresh the reporting cube. When Interim currency calculations occur for the first time (there is no previous period data) for entities in common currency, the resulting scenario MTD (month-to-date) and YTD (year-to-date) calculations will be incorrect. That is , MTD calculations for Balance type accounts and YTD calculations for Flow type accounts will be incorrect. To resolve this issue, run the Consolidation Process for the entire year (beginning of the financial year to the current period). Reprocessing these periods will not impact any of the local or common currency data, but will update the interim currency data for the entities in common currency.