Last updated on MARCH 08, 2017
Applies to:Oracle Payables - Version: 22.214.171.124
This problem can occur on any platform.
On 126.96.36.199 in Production:
Find Invoice approval status is incorrectly set to 'Not Required' for a foreign currency invoice with exchange rate type as 'User' .
Expect proper invocie approval for foreign currency invoice with exchange rate type as 'User' .
Steps To Reproduce:
Functional Currency : USD
- Invoice Approval rule is setup within AME (based on amount) using SUPPLIER_INVOICE_AMOUNT attribute
- Payable Options are setup to require Invoice Approval
- Workflow Deferred Agent listener is scheduled
- Standard invoice is entered in foreign currency (GBP) with exchange rate type is set to “User”.
- Approval is Initiated using Actions > Initiate Approval
- Approval Status changes from ‘Required’ to ‘Initiated’ on Invoices form.
- Once Workflow Agent Listener is ran the Approval Status is changed to 'Not Required'
- There are invoices that are getting PAID without proper approval process.
- Breach the internal security system for payment of invoices to suppliers.
- Unapproved / Unauthorized Payments would be pulled up by auditors during the audit phase.
- Company Funds can be misutilized and misappropriated
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
Million Knowledge Articles and hundreds of Community platforms