Cost Management - EBS (MOSC)

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Recipient-side Intransit Interorg Shipment for FOB Shipment, Transfer Pricing

edited Jul 17, 2020 5:01AM in Cost Management - EBS (MOSC) 5 commentsAnswered

Hi,

We created an IRISO transaction between our US entity (USD) and Europe Entity (EUR). The product is shipped from the US to Europe.

These are 2 separate legal entities, ledgers and OU's.

Once the ISO is created in US org and product is shipped from the US entity, we are seeing that In-Transit is in USD (functional currency of US entity is USD) and not in EUR.

1. IR is created in Europe entity in EUR

2. ISO is created in US org in EUR.

3. Product is shipped from US.

Is this intended functionality ?

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