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Amotization in Payables fusion

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

Summary

Concept of amortization

Content

Hello Friends,

I have come across something which i find bizarre. When we are amortizing in Accounts payables, the system is taking the exchange rate at the receipt level whereas to my knowledge it should be taking the exchange rate at the invoice level. As such, system is creating ERV lines which are not correct. What is the proper concept of Amortization in fusion?

Pritish

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