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Cross Currency Application Difference Between AP and AR in Intercompany Transactions

in General Ledger & Intercompany

Hi All,

We are observing a difference in cross-currency behavior between Payables (AP) and Receivables (AR). While AP allows full settlement of transactions using foreign currency payments, AR restricts application based on cross currency rate, resulting in partial application and unapplied balances.
For ex. we can apply 100 USD payment to an AP invoice for 100 MYR, but we cannot completely apply 100 USD receipt to 100 MYR AR Transaction.

This inconsistency is causing mismatches in intercompany transactions and reconciliation issues between entities.

Please help to check how AR can be aligned to behave similar to AP, allowing full application of receipts in cross-currency scenarios?

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