I’ll appreciate your help on this one.
I have a Subsidiary with EUR primary currency, Parent (Consolidation ) is USD.
On July 1st I have reversed the entire TB and zeroed out all the balances on subsidiary level so when I look at July P&L there are no balances. On the Consolidated level, I still have balances probably due to consolidation rates.
Do you have any idea how I can zero out the Consolidated balances as well ?
Thanks a lot.