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Purchase Orders (PO) With a Currency Conversion Does Not Update Award Status Inquiry (ASI) With Correct Balances Until Award Baseline Occurs After Each Transaction (Doc ID 2958902.1)

Last updated on JULY 03, 2023

Applies to:

Oracle Grants Accounting - Version 12.2.9 and later
Information in this document applies to any platform.

Symptoms

After creating a PO with a currency conversion ASI does not update the amount properly until the award baseline is run after each transaction. POs without currency conversion work correctly.

Steps to Reproduce:
(1) Grants Accounting Responsibility
(2) N -> Budgets - > Award Budgets -> Enter in Award Number, Click on Find, Click on Task, Click on Details.
(3) Added Budget on Task for Resource TEST
(4) Submit and Baseline Budget
(5) Purchasing Responsibility
(6) N -> Purchase Orders (PO)
(7) Create PO, while entering PO choose Exchange rate as of Jan-22
(8) Click on Shipment->Distribution. Enter Project/Award Detail
(9) Clicked on More tab and verified if Jan-22 Exchange rate taken at distribution level as well
(10) Saved PO
(11) Reserve & Approve PO
(12) Grants Accounting Responsibility
(13) N -> Requests - > Run, Run GMS: Update Actual and Encumbrance Balance
(14) Payables Responsibilty
(15) Create Receipt - Receiving parital amount
(16) Under Currency Tab , chosen rate Sep-22, Save
(17) Create Invoice  and  Validated. Invoice by default is on 06-OCT-22 Exchange Rate
(18) Match new Invoice to PO, Receipt
(19) Project/Award Detail auto populated once matched. Calcualted Tax
(20) Validate Invoice
(21) Grants Accounting Responsibility
(22) N -> Requests - > Run, Run GMS: Update Actual and Encumbrance Balance
(23) Balances in Award Status Inquiry are not correct

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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