Exchange Rate Discrepancy in Intercompany Project Billing and Revenue Recognition

Hi everyone,

We are currently working on a client requirement to set up an Intercompany Project in Oracle. During the agreement creation phase, the system used the exchange rate based on the funding amount date to convert USD funding into CAD functional values.

However, during billing and revenue recognition, the system applied the current exchange rate again, which has led to discrepancies between the baselined functional amount and the actual revenue/invoice functional values.

Has anyone encountered this issue before?

• Is there a way to ensure consistent exchange rate usage across agreement creation, billing, and revenue recognition?
• Are there any configuration settings or best practices to prevent this mismatch?