Payables and Cash Management - EBS (MOSC)

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IFRIC 22 :inventory receipt with prepayment exchange rate

edited Oct 26, 2017 5:01AM in Payables and Cash Management - EBS (MOSC) 1 commentAnswered

Hello Expert;

Business is recommended to us to verify our process and see if oracle is following the new accounting standard IFRIC specially regarding the prepayment with the foreign exchange IFRIC 22.

Is there a patch or bug open in oracle regarding this ?

My concerns is specially regarding the inventory receipt , actually we the receipt is using the PO rate which is the standard oracle functionality, However at the beginning of 2018 the receipt rate should be based in the Invoice prepayment Rate and not the po Rate.

How can I do that?

Thank you in advance

Tassadit

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