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

Last updated on JULY 01, 2024

Applies to:

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

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