R12: Requirements for Different Exchange Rate Dates When Calcuating Revenue and Invoices (Doc ID 1496893.1)

Last updated on MAY 19, 2017

Applies to:

Oracle Project Billing - Version 11.5.10.2 to 12.2 [Release 11.5.10 to 12.2]
Information in this document applies to any platform.

Goal

There is a requirement to be able to use something other than system settings  (e.g., bill through date) to determine the exchange rate date when an Invoice is created.

They include:
- Making the exchange rate date the same as that used when generating revenue to eliminate reconciling differences
- Making the exchange rate the same as that used when entering a payables expense report to ensure that the customer is billied for the same amount as received by the consultant working at their site for expenses
- When invoice is generated using 'work' based billing - the exchange rate date to be the date on which expense is incurred
 

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