R12: Wrong Currency Conversion Between Primary And Reporting Ledger for a credit memo

(Doc ID 2320731.1)

Last updated on NOVEMBER 04, 2017

Applies to:

Oracle Payables - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.1.3 version, Accounting Issues in AP

ACTUAL BEHAVIOR
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We have primary ledger with AED currency and Reporting ledger with USD Currency. AP Invoice created in EUR currency and transferred to GL. the rate between USD and AED has fixed rate i.e., 1 USD = AED 3.671.
We observed that journal AED Ledger Journal (ZZZZZ Purchase Invoices EUR) and USD Ledger Journal (YYYYY Purchase Invoices EUR) has exchange rate totally wrong.

EXPECTED BEHAVIOR
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The system should have converted the value at the correct exchange rate

STEPS
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The issue can be reproduced at will with the following steps:
1. Go to General Ledger
2. Review journals

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot reconcile for the secondary ledger

Cause

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