Procurement - EBS (MOSC)

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Budget reservation fail at PO level due to exchange rate variations

edited May 19, 2020 5:02AM in Procurement - EBS (MOSC) 1 commentAnswered

Hi All,

I am trying to find a solution for issue where budget reservation fails at PO level due to exchange rate changes. Below is the scenario:

PR/PO currency = USD

Functional currency = INR

Corporate exchange are at time of PR creation = INR 75 per USD

Corporate exchange are at time of PO creation = INR 75 per USD

Budget = INR 100,000

PR Value = USD 1350 (INR 98,550)

PR is approved and budget is reserved. However PO budget reservation fails due to exchange rate fluctuations resulting in increase in PO commitment beyond the available budget

PO Value = USD 1350 (INR 101,250) which exceed the available budget and fails budget reservation.

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