How To Deal With Foreign Exchange (FOREX)/Currency With Regards To Contract Agreements?
Last updated on AUGUST 07, 2017
Applies to:Oracle Fusion Purchasing - Version 18.104.22.168.0 and later
Oracle Fusion Purchasing Cloud Service - Version 22.214.171.124.0 and later
Information in this document applies to any platform.
Global Contract has a price in USD and is attached to a a SSC Entity/Business Unit (BU). However, local Blanket Purchase Agreement (BPA) in India releases against this Contract and uses this corporate agreed price but raises a Purchase Requisition (PR)/ Purchase Order (PO) in its local currency being INR. So a purchase order for 10 x 100 USD = converted in INR. However, if the price changes or there are currency fluctuations, how do we deal with this. Is this an Enhancement Request (ER)?
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms