Good Morning! We have a UK cost-plus subsidiary (parent in US) and the parent pays for all transactions on behalf of the subsidiary. Running consolidation rates and eliminations, we're seeing a build-up of the CTA balance. Note that we have not issued any equity to the subsidiary so the Unrecognized FX variances should not be part of the CTA balance. Do you have any experience with this scenario? Looking for any help or guidance!

CTA is so much fun! Nope, just kidding. CTA is about beginning balance variances. So CTA is highly effected by change in exchange rates from the end of last month to the end of this month.

Are you sure that your eliminations are balanced? I've run into issues in the past where one account wasn't properly configured to eliminate so NS just said "uh... dunno what to balance this with... guess I'll just use CTA"

yeah make sure your intercompany AP and AR are balanced by foreign currency or else Netsuite auto eliminations will just zero them by hand, leaving the rest in CTA Also make sure you're getting no errors when you do your revals But generally yeah USD and GBP have seen some pretty big flucutations in exchange rate recently.