Reporting Ledger- Credit Memo Exchange Rate Question
How do you handle this basic requirement so that there are no residual balances in the Reporting ledger currency.
I am sure this must be a standard scenario.
AR Invoice in UK Ledger (GBP currency) created on 01- SEP-22 100 GBP
The system uses exchange rate of 01-SEP-22 of 1.1 USD.
Reporting Ledger (USD) 110 USD
Credit Memo created on 10-OCT-22 100 GBP
Now the system is using the accounting date associated with this CM for pushing to RL
If the exchange rate on 10-OCT-22 is 1 USD
Then Reporting Ledger (USD) becomes 100 USD