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How to Handle Lease Liability in a Foreign Currency? (Doc ID 2494715.1)

Last updated on OCTOBER 23, 2020

Applies to:

Oracle Fusion Assets Cloud Service - Version 11.13.18.05.0 and later
Information in this document applies to any platform.

Goal

How to handle lease liability in a foreign currency?

The customer has the following situation: a company in Malaysia which has a functional currency in USD but almost all suppliers send invoices in MYR. If you are on a monthly lease payment schedule in USD but you generate the invoice to AP you cannot adjust the invoice currency or the payment currency. What is the workaround for this besides manually creating the invoice because then the Asset Lease reports do not work?
 

Solution

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Goal
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