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R12_AR: Miscellaneous Receipt Exchange Gain/Loss Booked On Miscellaneous Cash Instead Of Gain/ Loss Account (Doc ID 2420534.1)

Last updated on JULY 09, 2018

Applies to:

Oracle Receivables - Version 12.2.4 and later
Information in this document applies to any platform.

Goal

The following scenario is in place:

An AR Misc Receipt is created with foreign currency, with a given exchange rate.
When this Misc Receipt is cleared (reconciled with bank statement line), and the exchange rate is different, Gain or Loss is calculated.
This Gain or Loss amount however is booked on the same Miscellaneous Cash account as the original Misc Receipt, and not on Gain or Loss account.

Why is the gain/loss amount not going on the gain/loss accounts?
 

Solution

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