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R11i:AP: How to Handle Exchange Rate Fluctuation in PPR Payment Batch? (Doc ID 2413296.1)

Last updated on AUGUST 13, 2019

Applies to:

Oracle Financials for the Americas - Version 11.5.10.2 and later
Oracle Payables - Version 11.5.10.2 and later
Information in this document applies to any platform.

Goal

1. Responsibility: Oracle Payables - 11.5.10.2
Production and Test instances

2. Path: Payments -> Entry -> Payment Batches
3. Query a payment batch

In Argentina, there is a exchange rate variance.

User has first defined exchange rate for 02-MAY-2018 and created and formatted a payment batch.

USD to ARS = 21.1

Later again exchange rate was updated 21.45. Then users have confirmed the payment batch.

Now the payment batch is showing the exchange rate 21.1 (formatted) but functional amount for each payment have been calculated to 21.45.

PAYMENT_BASE_AMOUNT is taking 22.80 (exchange rate) at confirming payment batch. But batch payment has been formatted with 20.25.

It occurs for all transactions and suppliers.

Note:
The issue can happen for any country.

5. Impact

The issue is affecting the Finance team / batch payment process.


Is this a normal behavior?
 

Solution

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In this Document
Goal
Solution


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