Foreign Currency AR Transactions

Hello Experts,

I am newbie to EBS

We have Foreign Curreny Transaction requirement in AR , need your help in following two points 

1) Invoice customer in Foreign currency (Ex. Functional Currency in INR create AR Invoice in USD .)

     a) Is it possible if yes, We need to know the what are setup pre requisite for this .

     b) How is GL journal entries are created for this when transaction is posted to GL, is it posted in Functional currency or foreign currency

    

2) Invoice is raised in INR and we receive payment in USD .

    a) What are steps to implement cross currency  receipts .