Answer / ranichalasani

We multiple currency transactions are allowed in parables
but, we can payment currency should be same as the invoice
currency

Answer / srikanthreddy

For this multi currency we need enable multi currency check
box for the respective bank.
Need to create payment formats that need to select multi
currency option the payment format need to attach to
respective bank in the payable documents tab.

In supplier site level also need to enable multi cuurency
option.

Then u can able to multi currency payments.

Regards
Reddy

Answer / tgs100

The requirement you are looking for is available in Oracle Fusion/Cloud.

In R12, we can not have different invoice currency and payment currency. Ex: invoice currency in USD and payment current in EUR (in the same invoice) is not possible.

But in Oracle Fusion, this functionality is added. We can now select a payment currency different from invoice currency.
For Example, Ledger currency - USD, Invoice currency - EUR and Payment currency - INR (Ofcourse, conversions should have been defined for all these currencies). System will automatically calculate the gain/loss and create appropriate accounting entries.

What are the mondatory steps for Receivable module before entering transactions ?

5 Answers   HCL,

---

how to create a journal source by user9

1 Answers   Logica CMG,

---

What is 2 way , 3 way and 4 way matching?

12 Answers   Chartered Accountant, HCL, IBM, MNC, Shell, TCS,

---

How do we integrate the financial Applications(Modules) in the Multi Organization?

1 Answers  

---

In Multi Org can you tell what is SHORT ENTITY ?

3 Answers   UST,

---

what is internal retairment?

1 Answers   Accenture,

---

Which interface tables are used for Invoice Import?

5 Answers  

---

what are the setup from scrap in R12.?

1 Answers   Systems Plus,

---

What are the profile option mandatory in payable implementation?

1 Answers   Deloitte,

---

For what kind of necessary information we Interact with Vendors with regard to AP

1 Answers   Genpact, Wipro,

---

how to load ap invoice from legacy to our system and should show the paid invoice as paid and un paid as unpaid

3 Answers   Accenture, SDF,

---

I completed graduation,and having 7yrs work Exp in financial dept.I want to change my career in software in financial.Is there any best course that should help for my future,iam only graduate,so for graduate ,if i do software course,can i apply for good company.Please suggest me.

2 Answers  

---