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Receipt Accrual Process

edited Jan 30, 2019 4:30PM in Payables, Payments & Cash Management 2 comments

Summary

Receipt accrual process is taking the exchange rates as that of the PO creation date

Content

Hello,

I have a concern from finance users. According to their point of view, the exchange rate for receipt accrual should be the rate on which accrual is ran. But i can see that my system is taking the rate at which the PO has been created. This has an impact on my exchange gain/loss for currency also.

Please advise on how system needs to be performing and what is the best practice?

Pritish

Version

Fusion r13

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