Changes In Daily Rate Is Malfunctioning

(Doc ID 2345403.1)

Last updated on FEBRUARY 11, 2018

Applies to:

Oracle Fusion Receivables Cloud Service - Version 11.12.1.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 11.12.1.0.0 version, Billing - Transactions

ACTUAL BEHAVIOR
---------------

Ledger Currency is in LBP.
I've created a Reporting Ledger Currency in USD ( Journal, Subledger, and Balance ).

The customer has sent me his opening Balances in LBP and USD, every account has its own LBP-USD rate.
Rate type used is "Corporate".
I cannot use the "User" rate type since all transactions are entered in LBP, which is the original currency.

For example :
Transaction Date = 31/08/2017
Account Number | Amount LBP | Amount USD | Rate
           1              |     150,000    |        100        | 1500
           2              |     151,500    |        100        | 1515

I am using the "Manage Daily Rate" task to change the rates accordingly, but the system is not always using the correct rate, sometimes the system is using previously saved rates, which gives the wrong USD Amount.

EXPECTED BEHAVIOR
-----------------------
USD amount should be calculated based on the current conversion rate.

Cause

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