Query

[jakkasumankumar]

hi all,
i have doubt regarding Consolidation .
for consolidation, my parent company is in U.S. (obviously usd), but the subsidiary is an Indian Company. but i am maintaining the Reporting SOB for Subsidiary SOB(which is in USD) when i am doing the Consolidation with the Parent Primay SOB and Subsidiary Reporting SOB, i am getting an error.
can anyone helpme in this situation.

Suman

[anusha_rao]

hi
do revaluation for your reporting book
regards
rao
senior consultant
chennai
india

[jakkasumankumar]

hi anusha,
Thanks for ur reply.
can u explain my why should we have to do revaluation in Reporting SOB. when we do revaluation in Primary SOB, the entry will be automatically transferred to Reporting SOB.

That too i have to do revaluation only, when i have any foregin currency payables are in outstanding.


suman.