Translation Definition

Form ID: (CM203000)

On this form, you can define a translation of account balance amounts from one currency to another. For details, see Translation Definitions: General Information.

You may need to configure multiple translation definitions for reporting purposes. One of the configured definitions can be specified as the default translation definition on the Currency Management Preferences (CM101000) form. The system will automatically use this definition by default when you open the Prepare Translation (CM50100) but you can select another translation definition.

Note: This form is available only if the Translation of Financial Statements feature is enabled on the Enable/Disable Features (CS100000) form.

Form Toolbar

The form toolbar includes only standard buttons. For the list of standard buttons, see Form Toolbar and More Menu.

Summary Area

You can use the elements in this area to create a new translation type or to select an existing one to review its settings.

Element Description
Translation ID The identifier of the translation definition. Each translation definition has specific translation settings, such as the currency of the translation, the source and destination ledgers, and the rules of translating accounts. You can use an alphanumeric string of up to 10 characters.
Source Ledger ID The ledger that holds the account balances to be translated. If a ledger with the Actual type is specified, the translation is performed from the base currency. If a ledger of the Reporting type is selected, the translation will be performed from one foreign currency to another. For these translations, direct exchange rates for the specified pair of foreign currencies should be maintained on the Currency Rates (CM301000) form.
Destination Ledger ID The destination ledger (of the Reporting type) to hold the results of the translation.
Branch

The branch of the company whose accounts are to be translated. If you leave this box empty, translation for all batches of all companies will be performed шт accordance with this translation definition.

This box appears on the form only if the Multibranch Support feature is enabled on the Enable/Disable Features (CS100000) form.
Description A detailed description of the translation definition. An alphanumeric string of up to 60 characters can be used.
Active A check box that indicates (if selected) that this translation definition is active. A translation definition cannot be deleted if any translations were performed by using this definition. Clear the check box to prevent this translation definition from being used for creating translations.
Source Currency The currency of the source ledger specified on the Ledgers (GL201500) form. This is the currency from which the translation is performed.
Destination Currency The currency of the destination ledger specified on the Ledgers (GL201500) form. This is the currency to which all the amounts should be translated.

Table

In this table, you can specify multiple ranges of accounts and subaccounts (if applicable), and the particular methods and currency rate type with which each group is translated.

The table toolbar includes only standard buttons. For the list of standard buttons, see Table Toolbar.

Column Description
Account From The account that starts the range of accounts for which balances should be translated into the destination currency.
Description The description provided for the account.
Subaccount From

The subaccount that starts the range of subaccounts for which account balances should be translated into the destination currency. For each segment, point to the segment and press F3 to open the list of options.

This column appears on the form only if the Subaccounts feature is enabled on the Enable/Disable Features form.
Account To The account that ends the range of accounts for which balances should be translated into the destination currency.
Description The description provided for the account.
Subaccount To

The subaccount that ends the range of subaccounts for which account balances should be translated into the destination currency. For each segment, point to the segment and press F3 to open the list of options.

This column appears on the form only if the Subaccounts feature is enabled on the Enable/Disable Features form.
Translation Method The method to be used for the translation. Depending on your needs and specified accounts, you can select either PTD Balance or YTD Balance.
Rate Type The currency rate type to be used for the translation.