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PARGDR: Cannot Generate Revenue On Exchange Rate Variance (ERV) Transactions (Doc ID 2673500.1)

Last updated on MAY 26, 2020

Applies to:

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

Symptoms

Unable to generate revenue on ERV (Exchange Rate Variance) transactions.  This has never worked.

Symptoms/Setup:

- The functional currency is AUD, billing currency is AUD, and transaction currency is USD.

- <Note 1572257.1> (Revenue Does Not Generate For AP ERV Transactions) was reviewed, but is not the issue.  The note references,

"The assumption is that when users are billing customers in the accounting currency then ERV
can be passed on to the customers.  If the customers are being billed in the denom/transactional
currency then businesses would not pass ERV to the customer.  The ERV in this scenario would
already be flagged as revenue distributed upon creation in Projects which is why the revenue
process does not pick them up".

- The profile PA: Allow Adjustments to Receipt Accruals and Exchange Rate Variance is set to Yes at the Site Level.  

- Revenue generation does not consider ERV transaction as the revenue distributed flag is set to 'Yes' .



Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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