Changing the currency code on a po changes the currency code but the amount remains the same. It does not convert the amount to new currency amount

(Doc ID 2314663.1)

Last updated on OCTOBER 05, 2017

Applies to:

PeopleSoft Enterprise SCM Purchasing - Version 9.2 and later
Information in this document applies to any platform.

Symptoms

ISSUE:
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Changing the currency code on a po changes the currency code but the amount remains the same. It does not convert the amount to new currency amount

Replication Steps:
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1. Navigate to Market Rate and verify rate for USD and CAD
2. Business Unit Options- Allow Multicurrency PO is selected.
3. Supplier- Procurement Options has Currency Option as Specify at this Level. Currency is USD.
4. Add a new PO for our Vendor. Entered Item information and saved the po.
5. Click on Header Details.
6. It Defaults Curency of USD and Exchange Rate of 1.
7. Change the currency to CAD and click Ok. Will get warning click Ok
8. Currency is now CAD and Exchange Rate is 1.50.
9. Click Ok
10. Note that it changed the currency code but the Total Amount remains the same

Test 2
1. Navigate back to Supplier Procurement Options. Change the Currency Option to Default from Higher Level
2. Add a new po for our supplier.
3. Click Header Details
4. .Change the currency to CAD and click Ok. Will get warning click Ok
5. Currency is now CAD and Exchange Rate is 1.50.
6. Click Ok
7. Note that it changed the currency code but the Total Amount remains the same

Cause

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