Exchange Rate Variance Not Considered in Funds Calculation (Doc ID 2938652.1)

Last updated on SEPTEMBER 24, 2023

Applies to:

Symptoms

Exchange rate variance not considered in funds calculation.

The issue can be reproduced at will with the following steps:
1. Navigate to Project Financial Management
2. Create a project with standard burdening
3. Navigate to Manage Project Budget
4. Create Budget
5.Day 1 Create Requisition on foreign currency (Euro) supplier via a Non Catalogue  Request
6.Funding report shows the req has been converted to a PO and is showing as a commitment
7.Day 2 Create Requisition on foreign currency (Euro) supplier via a Non Catalogue  Request
8.Report shows exchange difference between Req/PO and receipt is taken as an actual and reduces Funds Available
7.Day 3 Create Requisition on foreign currency (Euro) supplier via a Non Catalogue  Request
8.Exchange rate variance is showing in UI as a project cost but is not showing on Funds Available
9.Accounting for receipt
10.Accounting for exchange rate variance
11.Create new requisition for the remaining approved funding amount

Cause

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