How do you configure periodic vs. YTD translation?

The correct answer is C. Currency translation indicator. You configure periodic vs. YTD (Year-to-Date) translation using the currency translation indicator. The currency translation indicator determines the method used for translating amounts in foreign currencies to the group currency, either periodically or cumulatively (YTD).

Currency Translation

Question

Options

ATemporal translation difference
BReference rate
CCurrency translation indicator
DTranslation key

How the community answered

(37 responses)

A
3% (1)
B
5% (2)
C
89% (33)
D
3% (1)

Explanation

You configure periodic vs. YTD (Year-to-Date) translation using the currency translation indicator. The currency translation indicator determines the method used for translating amounts in foreign currencies to the group currency, either periodically or cumulatively (YTD).

Topics

#currency translation indicator#periodic translation#YTD translation#translation configuration

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