What steps must you perform to achieve this objective w…

Your company wants to change the Cumulative Translation Adjustment (СТА) account to record gains/losses
from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?

Your company wants to change the Cumulative Translation Adjustment (СТА) account to record gains/losses
from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?

A.
Define a new ledger and accounting configuration. The СТА account cannot be updated after the ledger has
been in use.

B.
Query the Translation journals and delete all of them, then change the СТА account in the Ledger page,
and rerun Translation for all periods required.

C.
Open the Ledgers page and update the СТА account and then rerun Translation for all periods required.
The system will automatically update the translated balances.

D.
Purge all translated balances, change the СТА account in the Ledger page, and rerun Translation for all
periods required.



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Pankaj

Pankaj

Should be D , As you need to purge all translated balance , change the CTA account and then rerun transalation for all the reiods req