The Cross Currency Rate Is Not Correct In Receipt Application Window

(Doc ID 1675728.1)

Last updated on AUGUST 25, 2017

Applies to:

Oracle Receivables - Version 12.1.2 and later
Information in this document applies to any platform.


When a Cross Currency receipt is being applied to an Invoice, the Cross Currency Rate is not correct.

System Profile AR: Receipt Application keep cross currency rate set to Yes on the Site level and NULL on other levels.

Responsibility:  Receivables
Navigation:   Transactions > Transactions
1. Invoice Currency is CLF
Navigation:  Receipts > Receipts
2. Receipt Currency is CLP
3. Both the above currencies have been defined with a precision of 2
4. The Conversion rate between CLF to CLP (for Jan-14) is defined as 23318.57
5. A Receipt is created on 3-Jan-14. Receipt Currency is CLP
6. The above receipt is applied to 2 Invoices - and details are given below:
Invoice 1:
a) Applied Amount - 0.19 CLF
b) Applied Date - 16Jan14
c) Cross Currency Rate displayed: 23318.60
Invoice 2:
a) Applied Amount - 0.88 CLF
b) Applied Date - 16Jan14
c) Cross Currency Rate displayed: 23318.57

You are not making any changes to the 'Allocated Receipt Amount' or to the 'Cross Currency Rate' as displayed by the system and cannot not understand why the Cross Currency Rates are different when the same receipt is being applied to different invoices. You expect the 'Cross Currency Rate' to be exactly equal to the Conversion rates defined in General Ledger.


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