Revenue Recognition Exchange Rate Uses Transaction Date, not GL Date of Recognition (Doc ID 1363600.1)

Last updated on AUGUST 24, 2016

Applies to:

Oracle Receivables - Version: 11.5.10.2 and later   [Release: 11.5.10 and later ]
Information in this document applies to any platform.

Goal

We use Accounting Rules to recognize revenue over three months. When the application splits the revenue it uses the original transaction date's exchange rate for all three months.  Is it possible for each month's receipt to use that month's exchange rate?


Solution

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms