Which Dimension is able to be used to set up translation if Legal Entity is unrepresented in the Entity Dimension?

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In the context of OneStream, when the Legal Entity is unrepresented in the Entity Dimension, the Flow Dimension can be utilized for setting up translations. The Flow Dimension typically captures the movement of data, allowing flexibility in how data translates across various reporting currencies. This becomes particularly useful when you need to manage financial results not associated with a specific legal entity.

While the other dimensions, such as Account and various User Defined (UD) dimensions, serve significant purposes, they do not inherently provide the capability to perform translations as effectively as the Flow Dimension in this scenario. The Account Dimension is primarily focused on the types of accounts in the general ledger, while UD dimensions may contain custom data that does not facilitate currency translation. Therefore, leveraging the Flow Dimension provides the necessary framework to manage translations effectively even in the absence of a representative Legal Entity.

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