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Different Exchange Rate in PA Invoice and AR Invoice

edited Mar 23, 2018 6:15AM in Projects - EBS (MOSC) 5 commentsAnswered ✓

Hi,

We have a Billing Event (Event Date 28-FEB-2017) raised in foreign currency (AED) and the corresponding Draft Invoice is also in AED with an exchange rate of 4.60935 (Rate Type = Spot , Rate Date = 28-FEB-2017). On the same date (28-FEB-2017) the Draft Invoice was interfaced to Receivables so in PA Draft Invoice we could see this conversion rate (in Ronding tab).  As part of our reconciliation when we checked we could see that in AR the exchange rate is showing as 4.5687 (Rate Type = Spot, Rate Date = 28-FEB-2017).

We have further checked in GL and the Spot Rate for 28-FEB-2017 was entered on 01-MAR-2017 with a value as 4.5687. What we think is that the exchange rate which was available on 28-FEB-2017 i.e. when the PA Draft Invoice was created was 4.60935 and on 01-MAR-2017 this exchange rate for 28-FEB-2017 was deleted and re-entered as 4.5687.

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