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General Ledger - EBS (MOSC)

Encumbrance entry when forex rates differs between reqqusition and order

May 27, 2009 9:33PM edited May 27, 2009 10:07PM in General Ledger - EBS (MOSC) 1 commentAnswered

Hi

We have encumbrance from purchase requisition level. we raise requisitions in foreign currency. Issue is

Requisition Raised: 27-May-09 and exchange rate is 1 GBP=1.8 USD and system encumber at 1.8 and passes encumbrance journal

Purchase order date: 31-May-09 and exchange rate is 1GBP=1.9 USD--- how system handles the exchange rate difference

Please suggest me on above

Thanks,

Murali

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