Currency for Adjustment FT not Getting Converted in Match Event (Doc ID 2299749.1)

Last updated on AUGUST 23, 2017

Applies to:

Oracle Financial Services Revenue Management and Billing - Version 2.5.0.3.0 and later
Information in this document applies to any platform.

Symptoms

On ORMB v2.5.0.3.0 against FW v4.3.0.1.0, BI - Billing:

Currency for Adjustment FT Not getting converted in Match Event  

ACTUAL BEHAVIOR  
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According to our client requirement funding/ payment currency can be different from billing currency.
To accommodate this, for certain partners (person - account ) we create payment and adjustment (for payable bills ) in currency different from bill currency.
For one such type of case we had bill of $(-1000) we created adjustment of MXP 18772.10 ( with exchange rate 18.772100000000000000) and matched the adjustment to the bill.
In match event page currency and amount for FT is coming as USD 18772.10.
Ideally this should have been USD 1000.
Due to this outstanding amount on bill is getting calculated as USD 17772.10.

Clearly in match event page conversion of adjustment amount is not happening properly.

EXPECTED BEHAVIOR
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System should identify the Currency and accordingly show the amount in Match Event.

STEPS
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The issue can be reproduced at will with the following steps:
1) Create payment (person - account) and adjustment (for payable bills) in currency different from bill currency.
For ex., create a bill of US$(-1000) and create adjustment of MXP 18772.10 (with exchange rate 18.772100000000000000) and matched the adjustment to the bill.
2) In match event page, currency and amount for FT is coming as USD 18772.10.

BUSINESS IMPACT
------------------------------
The issue has the following business impact:
Due to this issue, users cannot use the payment as it is incorrect and affects daily business for such scenarios.

Cause

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