<?xml version="1.0" encoding="utf-8"?>
<Session ID="/baanerp/tf/gld/tfgld5205m000" xml:lang="en">
	<Header>
		<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Calculate Translation Adjustments (tfgld5205m000)</Title>
	</Header>
	<HelpTopic><AimSection><Paragraph>Use this session to translate input-currency amounts to output-currency amounts for the specified translation scheme's ledger accounts.</Paragraph>
		</AimSection>
		<GeneralSection><Paragraph>The gain and loss is saved on the defined ledger account.</Paragraph>
			<Note><SectionTitle>Note</SectionTitle>
				<Paragraph>The balance amount of all profit and loss accounts is booked according to the parameters set in the <GUIRef href="/baanerp/tf/gld/tfgld0103s000" role="session">Company Parameters (tfgld0103s000)</GUIRef> session.</Paragraph>
			</Note>
			<Paragraph>Depending on the balance method, the balance amount is posted to one or more accounts. There are no transactions posted to period zero, which is the opening balance.</Paragraph>
		</GeneralSection>
		<RelatedTopics><SectionTitle>Related topics</SectionTitle>
			<RelTopic><Link href="/baanerp/basictasks/000005" role="manual">To use a details session</Link>
			</RelTopic>
		</RelatedTopics>
	</HelpTopic>
	<Fields><FieldHelp ID="first.tral"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Translation Adjustment Scheme</Title>
			</Header>
			<FuncDesc>The <Link href="/baanerp/tf/glossary/glossary#TranslAdjust.tf" role="glossary">translation-adjustment</Link> scheme for which you want to translate amounts.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="year"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Year</Title>
			</Header>
			<FuncDesc>The year for which you want to calculate the translation adjustments.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="open.method"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Opening Balance</Title>
			</Header>
			<FuncDesc>Select the method to calculate the opening balance amount for period zero (0).</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="iter"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Successive TAS required</Title>
			</Header>
			<FuncDesc>If this check box is selected, the first selected translation-adjustment scheme is succeeded by a second scheme.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="second.tral"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Successive TAS</Title>
			</Header>
			<FuncDesc>The translation-adjustment scheme to succeed the first translation-adjustment scheme.</FuncDesc>
			<SimpleSection><SectionTitle>Example</SectionTitle>
				<Paragraph>This is required for <Link href="/baanerp/tf/glossary/glossary#Fasb52.tf" role="glossary">FASB 52</Link>:</Paragraph>
				<TABLE border="1"><THEAD><TR><TD></TD>
							<TD>Input currency</TD>
							<TD>Output currency</TD>
						</TR>
					</THEAD>
					<TBODY><TR><TD>TLS 1</TD>
							<TD>Local currency</TD>
							<TD>Functional currency</TD>
						</TR>
						<TR><TD>TLS 2</TD>
							<TD>Functional currency</TD>
							<TD>Reporting currency to FASB</TD>
						</TR>
					</TBODY>
				</TABLE>
				<Paragraph>where:</Paragraph>
				<Paragraph>Input/output currency = the source and target currency.</Paragraph>
				<Paragraph>Local currency = for example, the subsidiary's local currency.</Paragraph>
				<Paragraph>Functional currency = the most frequently used currency in business. For example, if 70% of your sales is expressed in EUR, this is the functional currency.</Paragraph>
				<Paragraph>Reporting curr. FASB = one of the home currencies of the holding company, for example USD.</Paragraph>
			</SimpleSection>
		</FieldHelp>
	</Fields>
</Session>
