Process Manufacturing - EBS (MOSC)

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OPM Financial to create FC Secondary Ledger journals using wighted verage rate not daily GL rates

edited Dec 20, 2016 4:02AM in Process Manufacturing - EBS (MOSC) 1 commentAnswered

Greeting,

Any one has an idea how to achieve the below scenario

We have Foreign currency secondary ledger, currently opm journals are created using daily gl rate  which is not correct we need those journals to be created using weighted average rate as the below example:

- On 01-Sep, we have PO receipt qty 10, unit cost 10 EGP, total value 100 EGP

- currency conversion rate on 01-Sep is 1 USD = 15 EGP

- that will give USD transaction value of 6.67 USD

 

- On 15-Sep, we have another PO receipt, qty = 10, unit cost 10 EGP, total value = 100 EGP

- currency conversion rate on 05-Sep is 1 USD = 20 EGP

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