How To Deal With Foreign Exchange Transaction Difference From Project To GL ?
(Doc ID 2912268.1)
Last updated on AUGUST 29, 2023
Applies to:Oracle Fusion Project Billing Cloud Service - Version 11.13.22.07.0 and later
Information in this document applies to any platform.
On : 11.13.22.07.0 version, Manage Contract Billing
Are there any setups or way to deal with Foreign exchange transaction difference from project to GL ?
Events/Expenditure are booked against a project in a different currency AND project currency = ledger currency
As per the below:
EUR Event = Project Currency USD
Ledger Currency = USD
And it is creating FX difference in GL i.e leaving a permanent FX difference in the GL.
Can we have an option to deal such transactions in Oracle Cloud?
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document