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23/01/2024 7:14 pm
Topic starter
ERROR: There must be at least one previous period to the translation period, in this case translation period is same as first calendar period.
Why there one previous period is required, My Organization started in Jan-22 & want to translate the same but getting this error.
This topic was modified 2 years ago 3 times by swapnil
1 Answer
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04/02/2024 12:24 pm
Translation calculation involves 2 parts
First one converting beginning balances with historical rates
Second converting current period activity with current rates
Then sum will be your ending balance
Solution :
Either open an earlier period or do transaction in Feb Period
