Currency conversion in CCH Tagetik AIH
Of course, CCH Tagetik offers a powerful currency conversion engine within the traditional Financial Workspace.
Did you know that within the Analytical Information Hub (AIH), we can also tag columns from a dataset to convert at one of the available exchange rates?
If in a dataset both PL and BS figures are considered - like for example in IC reconciliations at invoice level - this means you need to foresee 2 columns:
1 to be converted at Average rate for PL accounts
and 1 to be converted at Ending rate for BS accounts
And there you go, in no time you can enable currency converted reporting within the CCH Tagetik Analytical Information Hub.
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