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Contract Revenue is not picking up currency override per bill plan

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As a general rule, we apply corporate rates on contract invoices and revenue for Non GBP foreign currency contracts. Ledger currency is GBP. However for a particular contract in USD we need to apply an override on contract invoices and revenue to use conversion rate GBP/USD 1.1792 on all transactions between 17.11.2023 till 31.12.2023. I have setup the currency override, however when creating a revenue event for USD 1000, this rate is not applied on event transaction.

See screenshot attached.

I ran ESS Job “Generate Revenue”.

Review revenue distributions. I was expecting 1000/1.1792 = GBP 848.03 but it returned GBP 823.66.  

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