Cross currency Cheque Deposit transactions are posted with incorrect LCY amount since Exchange rate is picked as 1 (Doc ID 2716151.1)

Last updated on JUNE 21, 2021

Applies to:

Symptoms

ACTUAL BEHAVIOR
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Cross currency Cheque deposit transactions are posted with incorrect Local currency equivalent amount

EXPECTED BEHAVIOR
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Exchange rate should be correctly updated as per the transaction currency and branch local currency to derive the correct LCY amount of deposit

STEPS
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The issue can be reproduced at will with the following steps:
1. Post a cross currency Cheque deposit transaction
2. Verify the accounting entries posted and if exchange rate is picked up correctly

BUSINESS IMPACT
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The issue has the following business impact:
Due to this issue, Incorrect local currency equivalent amount is deposited leading to accounting mismatch

Cause

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