Release 4.5A enables amounts to be translated for open item foreign currency valuation and balance valuation.
This process is described in FASB statement 52 and includes:
During OI valuation and totals valuation, the valuation differences are posted in local currency (during the Remeasurement activity). The valuation difference in local currency is translated and also posted into the corporate group currency.
Translation is performed using the balance valuation report (translation takes place from local currency to corporate group currency). All accounts are valuated.