LC2 Currency Translation Issue
Following are the details of the issue.
LC1 - Company Code Currency CAD
LC2 – Group Currency USD.
Source Currency: 2 Translation taking first local currency as a basis
Exchange Rate maintained are -
Direct: 1 CAD = 1.16 USD / Indirect: 0.86 CAD = 1 USD
Document posted with $ 1.00 USD on each line.
I was expecting to see $ 1.00 in LC2. But it is calculated $ 1.35.
What could be wrong with the settings.. Any pointers are highly appreciated. Thanks.