R12:AP: ERV Generated When Foreign Currency PO Matched Standard Invoice and Prepayment Applied
(Doc ID 1676187.1)
Last updated on OCTOBER 06, 2015
Applies to:Oracle Payables - Version 12.0.6 and later
Information in this document applies to any platform.
On R12 in Production instance:
When standard invoice is matched to Foriegn currency PO and prepayment is applied ERV will be generated,which is clubbed with prepaid expenses.
No balance in prepaid expenses account after invoice is fully applied to the prepayment. ERV should not be generated
-- Steps To Reproduce:
The issue can be reproduced at will with the following steps:
1. created a foreign currency po
2. created a prepayment invoice matched with po and paid
3. created an standard invoice and apply the prepayment
4. found that ERV is deducted from prepaid expense account
-- Business Impact:
The issue has the following business impact:
Due to this issue, balance exists in prepaid expenses account after invoice is fully applied to the prepayment.
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