We just attempted our first time GL Consolidation from one company to another. I used the wrong Exchange rate. Does anyone know if there is a way to reverse the Consolidate to Parent Process in E10. Thank you
If the consolidation has posted I believe the only way is to do reversing journal entries in your consolidated company and re-do the consolidation. Might be worth a call to Epicor support to double check.
You can try looking in the External System Integration node - and open the Integrated Table Workbench. If you have a record in the IntQueIn when you are in the consolidated company the records may not have processed yet and you might be able to stop them from updating your GL accounts.
How are you guys managing the Rate Exchanges? No Automation? (diff topic diff question, hijacking the multi-currency thread)
Exchange rates are updated manually by accounting. No automation at this time. We do most of our business in USD and do minimal AUD transactions so updating them manually works for now. How about you guys?
Same Manual, Probably Reviewed on a Monthly or Quarterly Basis. Depending on the Currency, If its a fragile one then perhaps more frequent.
cc: @jwelsch
You can do a Retro Adjustment at the consolidation entry with the correct exchange rate and that should only post the delta between your previous rate and the new rate entry.