PRC:Generate Draft Invoices Process Is Not Using The Correct Currency Conversion Rate
Last updated on MAY 17, 2018
Applies to:Oracle Project Billing - Version 12.2.5 and later
Information in this document applies to any platform.
PRC:Generate Draft Invoices is not using the correct currency conversion rate date.
Project draft invoices conversion date is using GL Date versus invoice date.
Currency tab > Conversion Rate Date Type is set to ‘PA/INVOICE DATE’.
However, while generating an invoice, the currency conversion rate is picked up based on the GL date.
Run the PRC:Generate Draft Invoices for a Single Project process with Bill_through_date 31-DEC-2017
The invoice was generated with Bill_through_date 31-DEC-2017 and Invoice_date was also defaulted to ’31-DEC-2017’
While releasing the invoice Invoice_Date was changed to current_sys_date i.e. 10-MAY-2018
Invoice Released and Executed streamline program to transfer draft invoices to AR
However even after changing the invoice date to current system date , the conversion rate is picked up based initial invoice date i.e. ’31-DEC-2017’.
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