Change of Local Currency of a subsidiary

Hi Expets,
We are carrying out change of local currency in the begining of the financial year. Master data changes has been done and also currency translation method is assigned in Balance carryforward task. ( I have done local currency channge in the past years and it has worked properly).
When I execute, balance carryforward task in test mode, the log shows same value in LC Prior Year and Local Currency.
It has recognised in the translation parameter new currency but not translating values.
The rates are maintained in t-curr with the exchange rate type used in the currency translation method.
Can you please suggest what could be reason for not translating values to new local currency?
Best Regards,
UR

Hi all,
I would like to ask what is the impact if we want to change the LC of a subsidiary in the middle of  the year e.g 12/2008 instead of a new year?
Appreciate helps.
Thanks

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