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Foreign Currency Payment- Reconcile Many Payments To Many BS Lines Does Not Create Extrnal Trs (Doc ID 2502562.1)

Last updated on MARCH 12, 2021

Applies to:

Oracle Fusion Cash Management Cloud Service - Version 11.13.18.10.0 and later
Information in this document applies to any platform.

Goal

Starting from update 13.18.C there are external transaction created for foreign currency exchange difference.
“CREATE EXTERNAL TRANSACTION FOR FOREIGN EXCHANGE GAIN OR LOSS The Create External Transactions for Exchange Gain or Loss feature is used to automatically create separate external transactions for reconciliation differences arising from exchange differences and bank charges.”

 

There are two cases

1. reconcile 1 statement line with 1 payment - system creates external transaction for foreign currency exchange. It uses currency gain/loss account set-up at bank account.
2. reconcile 2 statement lines with 2 payments - system creates external transaction for reconciliation differences and not external transaction for foreign currency exchange gain/losses.

 

Solution

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In this Document
Goal
Solution
References


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