Currency translation code I in allocation calculations

Normally, when calculating the rate ratios for the conversion of opening balance amounts, IBM® Cognos Controller matches transactions in the opening balance with closing balance transactions according to a number of rules. However, for currency translation of allocations, a rate ratio is instead calculated for the total of the reference account in the closing balance. That ratio is then used for the opening balance account. For example, no matching is performed on extended dimensions or counter company.

Allocations are always currency converted in detail, that is, per journal type and journal number. The settings on the Conversion tab in the General Configuration that refer to detailed conversion of I-coded accounts or journals are not valid for allocations.

This allows you to reconcile the opening balance against the closing balance for each allocation. You can only do this if the calculated rate ratio to convert the opening balance is based on the same journal number in the closing balance. If the rate ratio for the complete journal type was used, as for a not detailed currency translation, you can not reconcile the separate allocations, only the total of all allocations.