E1: 03B: Domestic Receipt Does Not Use Current Exchange Rate When Paying Foreign Invoice (P03B102)
(Doc ID 2285410.1)
Last updated on FEBRUARY 01, 2019
Applies to:JD Edwards EnterpriseOne Accounts Receivable - Version 9.2 and later
Information in this document applies to any platform.
When a foreign invoice is paid with a receipt in the company domestic currency, the entries to the CA ledger are calculated using the exchange rate that was used when the foreign invoice was created, and not the rate in the exchange rate table for the date of the receipt. Because of this, no gain or loss is being recorded in the CA ledger. The ability to have the CA ledger record gain or loss transactions based on the exchange fluctuations between the invoice date and receipt date is a desirable feature.
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