Fusion CST:Discrepancy Between Amounts In Receiving Inspection For Intercompany Transfers
(Doc ID 2744546.1)
Last updated on SEPTEMBER 04, 2023
Applies to:
Oracle Fusion Cost Management Cloud Service - Version 11.13.20.10.0 and laterOracle Fusion Cost Management - Version 11.13.20.04.0 and later
Information in this document applies to any platform.
Goal
On : 11.13.20.10.0 version, Receipt Accounting
There is discrepancy between amounts in Receiving Inspection for Inter-company Transfers
Below is Customer ledger structure setup
- Primary Ledger in Local Currency
- Secondary Ledger in USD Currency
- Noticed during Intercompany Receipt transaction that the amount for Receiving Inspection and Trade In-transit Valuation account is not same in Cost Management and Receipt Accounting, resulting in pending balance in secondary ledger which is incorrect
- Example
Amount in Receiving Inspection and Trade In-transit Valuation in Cost Management (primary currency EUR) - 1,009,949.79
Amount in Receiving Inspection and Trade In-transit Valuation in Cost Management (primary currency USD) - 1,183,360
Amount in Receiving Inspection and Trade In-transit Valuation in Receipt Accounting (primary currency EUR) - 1,009,949.79
Amount in Receiving Inspection and Trade In-transit Valuation in Receipt Accounting (secondary currency USD) - 1,183,185.53
Same conversion rate is being used across all sub-ledgers. How to prevent this issue discrepancy?
- Example
- Noticed during Intercompany Receipt transaction that the amount for Receiving Inspection and Trade In-transit Valuation account is not same in Cost Management and Receipt Accounting, resulting in pending balance in secondary ledger which is incorrect
Solution
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In this Document
Goal |
Solution |
References |