Oracle Financial Consolidation Hub User Manual page 99

Rates Used by Translation for Vision: Canada
Entity Line Item
Vision: Canada Cash
Vision: Canada Accounts Receivable
Vision: Canada Accounts Payable
Vision: Canada Paid-in Capital
Vision: Canada Retained Earnings
Vision: Canada Revenue
Vision: Canada Cost of Goods Sold
Vision: Canada Salaries
Since the balance sheet was multiplied by the ending rate and the income statement by
the average rate (and equities by an historical rate), the ending USD balances require a
credit of 58 posted to Cumulative Translation Adjustment to ensure proper balancing as
shown in the following table.
Translated Results for Vision: Canada
Entity Line Item
Vision: Cash
Canada
Vision: Accounts
Canada Receivable
Vision: Accounts
Canada Payable
Vision: Paid-in
Canada Capital
Dr (CAD)
1000
1200
500
0
0
0
1100
400
Dr (CAD) Cr (CAD)
1000 400
1200 500
500 700
0 400
Cr (CAD) Rate
400 0.8
500 0.8
700 0.8
400 0.84
300 0.84
2000 0.7
0 0.7
0 0.7
Rate Dr (USD) Cr (USD)
0.8 800 320
0.8 960 400
0.8 400 560
0.84 0 336
Setting Up Translation 12-7