Functional Amount Calculated For Foreign Currency Receipts Is Incorrect - Rate Is Inverted

(Doc ID 2219633.1)

Last updated on JANUARY 09, 2017

Applies to:

Oracle Receivables - Version 12 and later
Information in this document applies to any platform.


Exchange Rate entered in Receipts form is being inverted.

The functional currency is BRL
The Receipt currency is USD
Exchange rate type = User, entering the rate manually.
Creating a receipt of USD 100.00 with Exchange rate 3.00.
System is calculating the Functional amount as 33.33 BRL instead of 300.00 BRL


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