MRC / ALC - Exchange Rate Used for Asset Mass Copied to Tax Book Is Not The Invoice Rate Defined (Doc ID 1277394.1)

Last updated on NOVEMBER 10, 2016

Applies to:

Oracle Assets - Version 11.5.10.0 and later
Information in this document applies to any platform.
MRC
ALC

Goal

What will be the exchange rate used in the following scenario ?
--
Integration between FA and AP, functional currency = XX, reporting currency = EUR.
-  AP is MRC-ed.
- In FA, only Tax book is MRC-ed, Corporate book attached is not MRC enabled.

Assets are imported to FA - into Corporate book using Post Mass Addition process. Invoice date = DPIS, and exchange rate is defined in AP for the invoice date.
Then Periodic Mass Copy is used in order to add the assets to the tax book.

Although it is expected the exchange rate used for the assets added to Tax book  to be the invoice rate entered in AP, the system uses exchange rate based on DPIS (the GL daily rate populated in GL for DPIS), instead of being the invoice rate entered in AP.

Solution

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