Answer Posted / 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.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
can any one tell me what exactly functional consultant do on daily basis? client requirements?
We are running Oracle EBS 11i and yesterday whilst doing my month-end I forgot to select "calculate finance charge" on form ARXSUPST AR Print Statement run. I am struggling to get to My Oracle and was hoping someone out there might have experienced or heard of a similar problem. What are my options to rectify this situation... I look forward to you inputs..... Thank you Regards Salie
What kind of necessary ap information you gather from the client?
Difference between header level tax calculation and line level tax calculation
How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?
Provide an overview of AR cash receipt processing.
Substitute receipts and Unordered Receipts
What is the procedure for requition import?
What is gap analysis, how do you defined?
could you please post some work around that any body have done in the financial modules.
Recurring Problem Posting i have Journals for sep 2018 that i approved but they are not available to post even though the period is open in Oracle R12 Issues
difference between 11i&r12
What is the meaning holding tax?
What are the types of setups in apps inventory module
Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?