How Spaces helps
Your ERP calculates translation and CTA. Agents explain the movements, separating rate, balance and timing effects, with references to the reports used.
Still manual today The ERP calculates CTA. Explaining the movements to auditors and leadership is still manual.
Example OpsCo HK CTA up SGD 0.32M: mostly HKD 119M of opening net assets retranslated as HKD strengthened 2.1% against SGD. Ties to the CTA in your ERP.
CTA bridge · October · group in USD
- HoldCo SG Rate effect, SGD weakened slightly Done
- OpsCo HK Minimal movement, pegged currency Done
- TechCo IN Balance effect, new equity injection Done
- TechCo IN timing Injection rate versus month-end rate For approval
- Residual Small unexplained amount under review Needs review
Figures from your ERP remain authoritative
What the agent does
- Reads translated balances, rates and CTA by entity
- Separates each movement into rate, balance and timing effects
- Writes a plain-language explanation for auditors and leadership
- References the reports and rate tables used
How it runs
- 01 Read results Pulls translation results, rate types and CTA balances per entity.
- 02 Decompose movement Splits the period change into rate, balance and timing components.
- 03 Explain Drafts a short narrative for each material movement, citing the reports.
- 04 Approve narrative The consolidation lead approves before it goes to auditors.
Explanations auditors follow
CTA is broken into effects anyone can read.
Tied back to the ledger
Every figure references the report it came from.
Leadership-ready
Consolidation leads share a clear narrative, not a spreadsheet.
- Does the agent recalculate CTA?
- No. Your ERP calculates translation and CTA with your rules and rate types. The agent explains the results.
- What if the explanation does not reconcile?
- Any residual is flagged for review instead of being absorbed into an effect.
