General consolidation questions - HFM

1. Is it possible to consolidate in one application according to 2 different gaap's? IFRS, US GAAP?If it's in 2 application what is the way to connect between the application?
2.is it possible to consolidate the hierarchy with 2 currencies, where the data is saved? do we need different scenario? different hierarchy? different application?
3.if we want to create journals in <Parent currency adj> is there a way to copy the journals automatically to all the hierarchies?
Thanks,
Edited by: user10194788 on 05:00 28/08/2008

1. How are you separating the gaaps? If you have a different entity structure, then the answer is yes and it is very easy. If you need to do some custom consolidation, then you will need to write your own consolidation method in the rule file and it becomes complicated quickly.
2. If you run a force translate after you consolidate, then you can look at any entity in any currency.
3. If you do an entry in Parent Curr Adjs, the entry applies to the entity in every hierarchy.

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