Corporation Switch User Manual

12-10 Oracle Financial Consolidation Hub User's Guide
for income statement accounts, you multiply the YTD balances by the ending rate for
balance sheet accounts and the PTD balances by the average rate for income statement
accounts.
The following table shows intermediate translation results for February.
Intermediate Translation Results for February
Entity Line Item PTD Dr
(CAD)
PTD Cr
(CAD)
YTD Dr
(CAD)
YTD
Cr
(CAD
)
Rate PTD
Dr
(USD)
PTD
Cr
(USD)
YTD
Dr
(USD)
YTD
Cr
(USD)
Vision:
Canada
Cash 0 0 1000 400 0.81
 
810 324
Vision:
Canada
Accounts
Receivable
200 0 1400 500 0.81
 
1134 405
Vision:
Canada
Accounts
Payable
0 0 500 700 0.81
 
405 567
Vision:
Canada
Paid-in Capital 0 0 0 400 0.84
 
0 336
Vision:
Canada
Retained
Earnings
0 0 0 300 0.84
 
0 252
Vision:
Canada
Revenue 50 400 50 2400 0.72 36 288
 
Vision:
Canada
Cost of Goods
Sold
100 0 1200 0 0.72 72 0
 
Vision:
Canada
Salaries 50 0 450 0 0.72 36 0
 
Financial Consolidation Hub then calculates the PTD debits and credits for balance
sheet accounts by subtracting the prior period's YTD debits and credits from the current
period's YTD debits and credits.
The YTD debits and credits for income statement accounts are calculated by adding the
current period's PTD debits and credits to the prior period's YTD debits and credits.
The following table shows final translation results for February.