<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/000517" xml:lang="en">
   <Header>
      <Title>To set up and perform FASB 52 Foreign currency translation</Title>
      <Keyword type="header" order="d1e1662458">
         <Level1>Foreign currency translation</Level1>
      </Keyword>
      <Keyword type="header" order="d1e1662461">
         <Level1>FASB 52</Level1>
      </Keyword>
   </Header>
   <GeneralSection>
      <SectionTitle>To set up FASB 52 reporting</SectionTitle>
      <ProcedureList>
         <ListIntro>To set up FASB 52 reporting, use the following
		  sessions:</ListIntro>
         <ListItemHead>
            <GUIRef href="/baanerp/tc/mcs/tcmcs0140m000" role="session">Exchange Rate Types (tcmcs0140m000)</GUIRef>
         </ListItemHead>
         <ListItem>If required, define specific exchange rate types for FASB 52
		  Foreign currency translation.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/gld/tfgld5101s000" role="session">Translation Adjustment Scheme (tfgld5101s000)</GUIRef>
         </ListItemHead>
         <ListItem>Define the
		  translation-adjustment schemes.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/gld/tfgld5503m000" role="session">Ledger Accounts by Translation Adjustment Scheme (tfgld5503m000)</GUIRef>
         </ListItemHead>
         <ListItem>Specify the ledger
		  accounts for which you want to perform the currency translation and link the
		  rate types to the ledger accounts.</ListItem>
      </ProcedureList>
   </GeneralSection>
   <GeneralSection>
      <SectionTitle>To perform FASB 52 calculation</SectionTitle>
      <ProcedureList>
         <ListIntro>To perform FASB 52 calculation, use the following
		  sessions:</ListIntro>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/gld/tfgld5104m000" role="session">Adjustment Amounts (tfgld5104m000)</GUIRef>
         </ListItemHead>
         <ListItem>Select the translation
		  adjustment scheme and view the ledger accounts and the adjustment amounts.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/gld/tfgld5205m000" role="session">Calculate Translation Adjustments (tfgld5205m000)</GUIRef>
         </ListItemHead>
         <ListItem>
            <Paragraph>Translate input-currency amounts to output-currency amounts
			 for the specified translation scheme's ledger accounts.</Paragraph>
            <Paragraph>To use two successive translation adjustment schemes, select
			 the <GUIRef href="/baanerp/tf/gld/tfgld5205m000#iter" role="manual">Successive Transl. Adj. Sch. required</GUIRef> check box and
			 enter the second scheme in the <GUIRef href="/baanerp/tf/gld/tfgld5205m000#second.tral" role="manual">Successive Transl. Adj. Sch.</GUIRef> field.</Paragraph>
         </ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/gld/tfgld5505m000" role="session">Translated Amounts (tfgld5505m000)</GUIRef>
         </ListItemHead>
         <ListItem>Displays the amounts posted to the ledger accounts after
		  calculating the translation adjustment.</ListItem>
      </ProcedureList>
      <Paragraph>You can use the <GUIRef href="/baanerp/tf/gld/tfgld5206m000" role="session">Delete Translation Adjustments (tfgld5206m000)</GUIRef> session to remove translation adjustment
		schemes that you no longer require.</Paragraph>
   </GeneralSection>
   <RelatedTopics>
      <SectionTitle>Related topics</SectionTitle>
      <RelTopic>
         <Link href="/baanerp/tf/onlinemanual/000516" role="manual">FASB 52 Foreign currency translation</Link>
      </RelTopic>
   </RelatedTopics>
</ManualTopic>