Why There Are Two Options To Use Exchange Rate For Accruals?

(Doc ID 1565787.1)

Last updated on JUNE 01, 2016

Applies to:

Oracle Purchasing - Version and later
Information in this document applies to any platform.


For a foreign currency purchase order, When you receive material from a supplier into receiving inspection, Purchasing uses the quantity received; the purchase order price; currency, exchange rate, to update the accrual and the receiving
inspection account.

The exchange rate comes from the receipt if the invoice match option in the purchase order shipments window is
Receipt and from the purchase order if the invoice match option is purchase order.

Why there are two options and is it in compliance with financial regulations?


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