Inventory Management - EBS (MOSC)

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OPM Org - Impact of Incorrect Currency Conversion Rate on Receipt and Subsequent Lot Transaction

in Inventory Management - EBS (MOSC) 2 commentsAnswered

Dear All,

We have an Oracle EBS 12.2 Process Manufacturing (OPM) enabled organization and would appreciate guidance on the following scenario.

Scenario

  • A PO was created in a foreign currency.
  • During PO receipt, an incorrect currency conversion rate was used. For example, the intended rate was 0.8, but 8.0 was entered.
  • The item is lot-controlled.
  • The receipt was successfully delivered to inventory.
  • Subsequent inventory/OPM transactions were performed against the received lot (issues, transfers, batch consumption, etc.).

We reviewed Oracle Support document FAQ - Receiving - RECEIPTS FAQ4680, which states that the currency conversion information entered during receipt creation is propagated to Receiving, Inventory, Costing, Accrual, and General Ledger, and that correction of user-entered conversion information is generally considered a data-entry issue rather than an application defect.

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