Oracle FCCS CTA Calculation | Financial Consolidation and Close CTA Calculation | FCCS by Examples

This video tutorial will teach you as to how you can calculate Currency Transaction Adjustment in Oracle FCCS Financial Consolidation and Close Cloud.
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[@KMT-k7m]

Hi Sandeep, explained very well😊 Can you pls do video on Cash Flow by using Movement dimension in Indirect method? Explain what are the accounts from Account dimension to be mapoed with Movement dimension members, how to identify those accounts? Its really great and more informative if you would do the video. Thanks!

[@kirti9183]

Very informative and much needed video sir

[@balajir9767]

A well Technical explanation and needs more insights on Functional area like ina a balance sheet- which accounts should use EOM rate and Avg rate especially when translate into Parent currency 💲... Many Thanks 😊 Balaji Reddy G

[@guriginjakuntalakshumaiahn6875]

Very good information 👍 thank you 😍

[@bispsolutions]

Welcome.

[@bispsolutions]

kzbin.info/aero/PL7CWBDRZZ_QeQbhY_HL3EaRPRIOCvF0fU

[@mayeladuque4601]

Great video!!! Question: Did you have a clear explanation on how CTA and CICTA is calculated in FCCS? . I've looked at numerous articles but it's still pretty vague to me. Thanks in advance

[@kiranreddy552]

Based on my understanding and research, 1.The CTA account is part of Owner's Equity on the Balance Sheet for USGAAP reporting purposes. 2. The CICTA account is part of Statement for Comprehensive Income under other reserves in Balance sheet for IFRS reporting purposes. Please correct me if i'm wrong.

[@hitendralonare6305]

Very informative

[@bispsolutions]

Thanks

[@user-abc-xyz662]

May I know the CTA calculation formula?

[@bispsolutions]

Ending Exchange Rate-Avg Exchange Rate

[@user-abc-xyz662]

Thank you for your reply:)@@bispsolutions