Hi Ken,

We are having the exact same issue.  I see there have been no replies to your query.

Wondering if you solved the issue and if so what was needed?

Thanks in advance,

Joseph

Hi All,

The Acquisition register values are also calculated at current rates and the equity elimination too is calculated at current (not historical) rates and therefore the net effect becomes zero.

Regards,

Hakeem

HI Hakeem,

Thanks for the reply.   

We see happening what you describe in nodes where the node currency , parent reporting currency, and child reporting currency are the same.

For cases where the child reporting currency is different than the parent we were having the issue of the elimination still posting at the current translated USD amount rather than the historical amount as per the acq register.  This was the case when i posted my comment above.  Since then we have got GCP21 to trigger and it posts an adjustment (in USD) to the elimination amount to bring it equal to the historical elimination amount as per the acq register.

Two new questions:

1 -  we have instances of two parents for the same child where one parent reports in USD and the other does not and the child reports in non-USD;  in this case GCP21 is not triggering.  What is the general protocol for GCP21 to trigger?

2 - what is the protocol for the acquisition register  amounts used for the elimination entry? 

thanks