How to Display Company's Accounting Currency in Management Reporter
Reporting Tree Unit in Management Reporter is one of good features to have the breakdown of summary report. One of the case I came across using the reporting tree is to report Balance Sheet per legal entity.
Below is the sample that use legal entity in the reporting tree unit
Above scenarios list down to different entities that have different accounting/functional currency. And in some cases customer wanted to see the balance sheet in each accounting/functional currency. To achieve this we have to enable the “Currency Display” function in the Column Definition.
Above configuration will force the Management Reporter to display the balance sheet in each entity’s functional/accounting currency. Without this configuration, the report will be displayed in one currency.
The “Include all reporting currencies” does not give you the same output as above configuration does. That will give you the ability to switch between USD to CNY or to any mentioned currency (GBP, INCR, etc) and that feature only works in the web viewer. Switching to USD will convert all the balances in all entities to selected currency. It doesn’t help you to display the currency in each entity’s functional currency.
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