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Currency Conversion Date in Receipt Accounting in case of Period End Accruals

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edited Sep 20, 2019 12:34PM in Costing 2 comments

Summary

Currency Conversion Date in Receipt Accounting in case of Period End Accruals

Content

Hi,

Our customer is following period end accruals process. We observe that for foreign currency POs, the uninvoiced receipt accruals process is generating the receipt accounting distributions considering the currency conversion date based the Purchase Order date instead of the receipt date.

Is this the standard behavior; is there any setup available using which the system behavior can be modified to look at the receipt date currency conversion to generate the receipt accounting distributions. Please advise.

Regards,

Ashok

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