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How Can We Use Different Exchange Rates For Foreign Exchange Deals With In The Same Day? (Doc ID 550141.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Treasury - Version: 11.5.10.2
Information in this document applies to any platform.

Goal

Customer Scenario:

In Treasury module, there are multiple Foreign Currency deals,where the settlements fall on the same date for the same foreign currency but the exchange rates for conversion to INR are different for each deal (since the rates are provided by different banks). In such cases the conversion rate is defined in the daily rates and the system applies this rate to the FC amount for conversion to INR at the time of generating journals. Although it is possible to define different conversion rate types in daily rates:

Is there a way to to define in the system as to which rate type should be used for a particular transaction at the time of journal generation. Or how can we solve this problem?

Please note: You are using GL daily rates for Foreign Exchange Deals. Please answer the following questions:

1)Do you need to use Transaction Rate for Foreign Exchange Deals?
2)Also, you are not able to edit transaction rate: (Accounting->Revaluation->Revaluation Details->transaction Rate).Transaction rate is grayed value is gr eyed out?.
3)How this Transaction rate is calculated?

Solution

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In this Document
  Goal
  Solution

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