Entity Currency

Use Entity Currency to generate cash flow reports in local currency. Complete the following steps to post a local currency to a reporting member in the Reporting Hierarchy.

1. Navigate to Maintenance > Hierarchy Management.
2. Select Type as Finance Hierarchies and select Reporting for both Dimension and Hierarchy.
3. Click Show.
   
   
4. Select the reporting currency node to apply an entity currency.
5. On the Segment Properties section of the Properties pane, select Entity Currency as the Currency Code, then click Save.
   
   The entity currency can now be used as a reporting currency when you run your reports. When the reporting member is added to a Dynamic Report, the Entity Currency is displayed.
6. Additionally, the following options are also available in the Segment Properties section:
   • Do Not Consider Opening Balance —Select if you want YTD values calculated in the first period to exclude the opening balance of the previous period.
   • Do Not Consider CC Data —Select if you do not want the common currency value to be converted and reported in local currency.