K3 configuration requirements
Note: For step-by-step configuration procedures, see the JP Consolidation Framework documentation — all configuration sections.
Currency conversion — K3 settings
Account type |
RATETYPE setting |
K3 rule |
|---|---|---|
P&L accounts |
AVG |
Genomsnittskurs — period average rate. |
Balance sheet accounts |
END |
Balansdagskurs — closing rate at period end. |
Equity (share capital, reserves, retained earnings) |
HISTAVG |
Historisk kurs — rate at date each equity component arose; fixed permanently. Not the opening rate. |
Current period profit |
AVG |
Same as P&L accounts. |
Omräkningsdifferens account |
CTR |
Plug — translation difference within equity (not OCI). |
Currency Conversion Configuration
-
Enable rule > Select the Advance Currency Conversion rule
-
Add Override rule in needed
Please refer to below sample of currency conversion rule:
SWD Advanced Currency Conversion (Downloadable Excel file)
Ownership structure — K3 settings
Method |
K3 / ÅRL condition |
Lineos setting |
|---|---|---|
Full consolidation |
Control per ÅRL — majority voting rights or board appointment right |
Method = Full; Minoritetsintresse = 100% − Parent% |
Equity method |
Significant influence — typically 20–50% |
Method = Equity |
Proportional consolidation |
Joint control — jointly controlled entity (valid under K3) |
Method = Proportional |