Which Market Rate Is Used to Calculate the Item Cost and Generate Accounting Lines for the Transaction Groups 020 (Putaway) and 401 (Wt Avg Updates from AP) in a Multi-Currency Scenario

(Doc ID 1918784.1)

Last updated on AUGUST 04, 2016

Applies to:

PeopleSoft Enterprise SCM Cost Management - Version 8 SP1 and later
PeopleSoft Enterprise SCM Inventory - Version 8 SP1 and later
PeopleSoft Enterprise SCM Manufacturing - Version 8.4 and later
Information in this document applies to any platform.

Goal

Which Market Rate is used to calculate the Item Cost and Generate Accounting Lines for the Transaction Groups 020 (Putaway) and 401 (Wt Avg Updates from AP) in the following multi-currency scenario:

Base Currency = USD
Vendor Currency = EUR

*** Purchase Order & Receipt:

Date = July 28
Currency = EUR
Market Rate 1 is used to convert the amount in USD

*** Voucher:

Invoice date = July 28
Accounting date = July 29
Posting date = July 29
Currency = EUR
Market Rate 1 is used to convert the amount in USD

*** Market Rates:

Market Rate 1 is effective until July 28
Market Rate 2 is effective from July 29

Solution

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