From and To Currency

Currency translation is nearly always run from the local currency (LC), as all period values are normally entered in LC.

The currency translation is performed to a selected consolidation type. For example, if you select to make a currency translation to LE, the legal consolidation type, the values in LC will be currency converted to all currencies included in the legal consolidation structure.

Note: The currency type is always the same as the consolidation type. If a company is going to be included in more than one consolidation structure, and the groups have different currencies, the company must be converted several times.